Cyber Security

Showing Latest Cyber Security

Security – The Insider Threat

13 Dec 16 @ 14:10

Companies are faced with a two-fold problem: protecting their data from those who have access to it from the inside, and from those who exploit the human factor to access... read more

Avalanche online crime network taken down in Europol operation

02 Dec 16 @ 15:47

The Avalanche online crime network, used to target online bank customers with phishing and spam emails, has been dismantled after a four-year investigation by EU law enforcement agency Europol. Avalanche... read more

Fake credit card factory shut down by Police in London

02 Dec 16 @ 15:31

Police have shut down a fake credit card factory used to supply bank cards to criminals across Europe. Gabriel Yew, 45, was one of three men to be sent down... read more

Mo’ Money Mo’ Problems – Now who’s hot, who’s not

01 Dec 16 @ 13:03

The words to the infamous Notorious B.I.G’s ‘90’s hit may be a spurious lead, but stay with me. Buyer remorse is set to turn Black Friday into Blue Monday for... read more

Was Tesco Bank hacked – or was the money stolen?

28 Nov 16 @ 16:52

In a very good blog, originally posted on Withoutfire.com, John Elliott, a payments / privacy / cyber security / risk specialist has some very interesting views and theories on the Tesco... read more

Fighting fraud: people’s attitudes towards the use of payments data

25 Nov 16 @ 10:58

We live in a world with a transactional data landscape. Every minute of every day, simply by going about our normal day-to-day activities, we are generating information through the payments... read more

New EMV chip cards will lead to significant increase in CNP fraud

24 Nov 16 @ 09:45

As the dreaded Black Friday draws nearer, iovation is predicting a significant increase in CNP fraud – fraudulent transactions where a credit card is not physically presented to a merchant... read more

Visa hits out at EBA plans for strong customer authentication set to ruin UK e-commerce market

23 Nov 16 @ 09:23

The European Banking Authority (EBA) has brought forward proposals for how it will implement what is called strong customer authentication (SCA). Visa has warned that new European rules on e-commerce... read more

Is the customer the weakest link in risk evaluation of mobile financial services?

15 Nov 16 @ 09:29

Human fallibility is now one of the biggest risks that banks and financial institutions must manage in mobile financial services (MFS), according to a new report from the Risk Mitigation... read more

Contactless card fraud: Myths and Realities exposed

09 Nov 16 @ 12:34

Contactless card fraud has made headlines this year. In this post we take a look at some of the key myths and offer explanation to the realities. No. 1 myth: ... read more

US fraud losses rising on debit cards – falling on credit cards

07 Nov 16 @ 11:33

US fraud levels are rising across all payment card products, according to First Annapolis’ semi-annual survey of major card issuers, but changes in fraud write-offs vary by product. Survey results1... read more

Android malware Trojan targeting mobile banking apps and social media

04 Nov 16 @ 13:35

A new Android malware Trojan has surfaced and is ripping through the entire banking sector in the US and Europe by appearing as a Flash Player App. The Android malware... read more

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Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more