Cyber Security

09 Jun 16 @ 13:59

A study among UK companies reveals that many of them are building a reserve in various crypto currencies, such as Bitcoin, in order to pay off criminals in case of cyber... read more

07 Jun 16 @ 09:23

The Global Mobile Biometrics Market 2016-2020’ – released by Technavio predicts that the global mobile biometrics market will grow at a CAGR of more than 103% The report provides an analysis of the market... read more

07 Jun 16 @ 09:10

The Android banking malware Marcher has been updated, and is now being used by cybercriminals to target customers of major banks in the United Kingdom. First discovered in 2013, Marcher (detected... read more

02 Jun 16 @ 11:15

Businesses operating in the sharing economy are being held back by consumer fears over trust in the identity of the other party in the transaction, according to a new report... read more

27 May 16 @ 13:26

Investigators are examining possible computer breaches at as many as 12 banks linked to Swift’s global payments network that have irregularities similar to those in the theft of $81 million... read more

27 May 16 @ 12:17

The annual cost of fraud in the UK could be as high as £193bn per year according to a new report. This dwarfs previous estimates produced by the UK Government... read more

20 May 16 @ 13:32

The PCI security standards council (PCI SSC) has published an update to its global data security standard. PCI DSS Version 3.2 replaces version 3.1 to address growing threats to customer... read more

18 May 16 @ 14:02

A Russian-speaking Skimer group forces ATMs to assist them in stealing users money. Discovered in 2009, Skimer was the first malicious program to target ATMs. Seven years later, cyber criminals... read more

18 May 16 @ 12:47

The fraudsters’ calculation is simple: where there’s a great deal of revenue to be earned, there’s a great deal of fraud to be committed. And where there’s even more revenue... read more

17 May 16 @ 13:15

The European Central Bank will set up a database to register incidents of cyber attack and cyber crime at commercial banks, aiming to create an early warning and analysis system... read more

16 May 16 @ 15:22

A Swift cyber-attack, similar to one that saw $81m (£56m) stolen from Bangladesh’s central bank, has reportedly hit a second bank. The warning about the second attack came from Swift,... read more

12 May 16 @ 14:32

The US Federal Trade Commission (FTC) is flexing its muscles regarding data security. In early March 2016 the agency issued orders to nine companies that conduct payment card industry data... read more