Cyber Security

10 May 16 @ 11:53

SWIFT on Monday heavily rejected allegations by officials in Bangladesh that technicians with the global banking system made the nation’s central bank more vulnerable to hacking before an $81 million cyber... read more

09 May 16 @ 12:35

iovation and Aite Group have developed an impact note entitled “EMV: Issuance Trajectory and Impact on Account Takeover and CNP.” The report calculates that card not present fraud – fraudulent transactions where a... read more

29 Apr 16 @ 15:38

ATMs can be easily hacked and ATM malware installed, meaning funds could be stolen, a report by Kaspersky Labs has revealed. The company identified two key hardware flaws with the... read more

26 Apr 16 @ 11:25

In February 2016 one of the largest cyber heists was committed and subsequently disclosed. An unknown attacker gained access to the Bangladesh Bank (BB) using SWIFT malware. The BB SWIFT... read more

19 Apr 16 @ 16:13

Global Security Report – Cybercrime is big business. We hear it so often that the words threaten to lose their impact. But the details still have the capacity to shock.... read more

14 Apr 16 @ 12:40

Thieves and fraudsters want to get their hands on our cash and data. And these days they can attack us from all corners of the globe. Financial fraud losses totalled... read more

13 Apr 16 @ 11:09

Symantec has released its 2016 Internet Security Threat Report in which it suggests more than 500 million digital identities were stolen or exposed in 2015. In addition, it said, fake... read more

12 Apr 16 @ 13:40

Interactions has released its latest Retail Perceptions report, “Security Hacks and the Lasting Impact on Retailers.” The study found that 64% of shoppers have accepted security breaches to be part of the shopping process... read more

11 Apr 16 @ 14:27

The number of ATM compromises in the US  by criminals rose 546% in 2015 over 2014, analytic software firm FICO reports. The number of ATM compromises in 2015 was the highest... read more

08 Apr 16 @ 08:18

MePIN has released a new addition to their universal authentication platform. MePIN now simplifies and secures the lives of banks, payment service providers and their legacy users, by allowing the service... read more

23 Mar 16 @ 14:24

American Express is reported to be investigating a potential data breach by a merchant in California. Apparently, the merchant was compromised, leading to the possible exposure of account numbers, names, expiration... read more

21 Mar 16 @ 12:51

Statistics by Financial Fraud Action (FFA) UK show fraud losses on UK payment cards totalled £567.5 million in 2015, representing an 18% increase from £479 million one year before. Significantly,  total... read more