Cyber Security

04 Nov 16 @ 11:46

Most big high street banks are beginning to use biometric authentication to give customers a more convenient way to check their account balance or make payments. However, one big question... read more

03 Nov 16 @ 14:00

Demand for different types of biometric authentication has risen significantly since 2014, with iris scanning moving ahead of fingerprint technology to the top of the 2016 Future Password Index (FPI).... read more

31 Oct 16 @ 09:00

North American regulators have unveiled a new cybersecurity standard to bolster the ability of the country’s largest banks to withstand a major cyberattack, a move aimed at protecting the US... read more

28 Oct 16 @ 17:42

The Financial Services Agency of Japan is set to decide on what will be a landmark decision on the status and securitisation of PokeCoins, the virtual currency used to breed... read more

25 Oct 16 @ 08:38

Card fraud losses incurred by banks and merchants on all credit, debit, and prepaid general purpose and private label payment cards issued worldwide reached $21.84 billion last year when global... read more

21 Oct 16 @ 11:48

To encourage the continued growth of e-commerce, merchants and issuers around the globe need intelligent tools to distinguish between good and bad transactions, all while minimizing disruption to consumers at... read more

21 Oct 16 @ 11:10

As e-commerce and e-commerce fraud continues to expand, online payment security is a top concern for merchants and consumers, according to a new report from American Express. The 2016 American... read more

20 Oct 16 @ 10:14

Banks in India have been hit by a massive ATM breach and have ask users to either replace or  change the security codes of as many as 3.2 million debit... read more

14 Oct 16 @ 16:51

Financial fraud in H1 2016 increased by a quarter to £399.5 million, enabled by scams and online attacks, new figures published by Financial Fraud Action UK (FFA UK) show. Banks’... read more

12 Oct 16 @ 16:24

A new Trojan dubbed Odinaff has been reported attacking banks and other financial targets worldwide. Odinaff attacks include the manipulation of embattled SWIFT logs and the extensive use of hack... read more

30 Sep 16 @ 11:52

Kaspersky Lab says that its experts investigated how cybercriminals could exploit new biometric ATM authentication technologies planned by banks. While many financial organizations consider biometric-based solutions to be one of... read more

29 Sep 16 @ 13:22

Europol has warned that they believe criminals are using Android phones to trigger fraudulent NFC tap-and-go payments. The alert comes in Europol’s annual 2016-internet-organized-crime-threat-assessment. Experts had previously said that the... read more