Cyber Security

Showing Latest Cyber Security

MePIN releases PSD2 authentication for non-smartphones

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

Amex investigating data breach reports

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

UK payment cards annual fraud losses hit £567.5 million

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

Russian hacker cell steals $25.7 million

21 Mar 16 @ 12:25

A newly discovered Russian hacker group known as Buhtrap has attacked 13 Russian banks since August 2015, using malware that infiltrates their gateway to the central bank, according to Moscow-based... read more

88% of Britons believe cybercrime is now as big a threat as offline crime

16 Mar 16 @ 12:30

The results of new research in the UK have revealed that 88% of Britons see cybercrime as now being as big a threat as offline crime, whilst 76% of people... read more

MasterCard on biometric payments and security

02 Mar 16 @ 15:15

Payments Cards and Mobile interviewed Ajay Bhalla of MasterCard to understand what is hot in the world of biometric payments including selfie pay and securing the further digitisation of payments.

Consumers want more biometric payments

02 Mar 16 @ 15:09

According to payments networks Visa and MasterCard, consumers are getting much more comfortable with biometric payments. Research from the fourth annual MasterCard Mobile Payments Study finds cardholders increasingly are asking for... read more

2015 Breach Level Index

26 Feb 16 @ 13:13

Gemalto released the latest findings of the Breach Level Index, revealing that 1,673 data breaches led to 707 million data records being compromised worldwide during 2015. The Breach Level Index... read more

Live @ MWC: MasterCard ramp up “selfie pay” roll out

23 Feb 16 @ 12:12

MasterCard announced it will bring facial recognition payment services, “selfie pay” to the UK as part of a range of new services designed to improve identity verification for mobile phone... read more

Cybercrime attacks increase with Metel, GCMAN and Carbanak 2.0

10 Feb 16 @ 09:30

In late 2014, Kaspersky Lab researchers made a worrying prediction: financially-motivated cybercrime...

The Internet of Things is a can of worms – how to keep it sealed

09 Feb 16 @ 12:59

Innocuous devices, the Internet of Things search engine Shodan recently found to be vulnerable to cyber attacks, include a teddy bear able to remotely send voice messages

US EMV activity rising steadily

03 Feb 16 @ 15:55

US EMV activity rising steadily, but some industry observers bemoan the slow EMV adoption in the United States since 2015.

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Visa strengthens fraud defences with BioCatch acquisition

05 Aug 26 @ 16:37

Visa has agreed to acquire Israeli behavioural biometrics specialist BioCatch in a $2.4 billion all-cash transaction, marking one of the payments giant's larges... more

Fiserv and Mastercard expand strategic alliance

05 Aug 26 @ 16:36

Fiserv and Mastercard have strengthened their long-standing partnership with a new global agreement designed to simplify payment acceptance for enterprise merch... more

RBC and BMO sell Moneris to Francisco Partners for C$2bn

13 Aug 26 @ 15:19

Royal Bank of Canada and Bank of Montreal have agreed to sell their jointly owned payments processor Moneris to private equity group Francisco Partners in a C$2... more