Cyber Security

Showing Latest Cyber Security

2016 Identity Fraud Study

02 Feb 16 @ 15:39

The 2016 Identity Fraud Study released by Javelin Strategy & Research, revealed that the number of identity fraud victims increased by 3% (13.1 million consumers) in the US last year, but that... read more

European privacy regulation moves forward

29 Jan 16 @ 11:17

The payments industry is no stranger to the increasing reach of regulation. With the EU Regulation on interchange fees for card-based payment transactions coming into force earlier this year, together with near-term... read more

Growth in card fraud outstrips sales growth

29 Jan 16 @ 10:53

Fraud losses are at record levels worldwide. Card fraud worldwide grew 19 percent last year compared to card sales which grew only 15%, according to figures released by the Nilson... read more

Counting the costs of cybercrime

29 Jan 16 @ 10:38

The recent publication of cybercrime statistics by the Bundeskriminalamt (BKA), the German Federal Criminal Office, raises almost as many questions as it answers. As with any official cybercrime statistics, perhaps... read more

Global study shows increasing security risks to payment data

26 Jan 16 @ 13:47

With acceptance of mobile and other new forms of payments expected to double in the next two years, a new global study shows a critical need for organisations to improve... read more

Rambus acquires Bell ID

26 Jan 16 @ 12:08

Rambus has announced it has acquired Smart Card Software Ltd which includes Bell Identification (Bell ID) and Ecebs Ltd (Ecebs) through the purchase of all outstanding shares of Smart Card Software,... read more

New payment services bring a better customer experience but also the attention of fraudsters

19 Jan 16 @ 11:41

Payment card providers that are battling for market share are introducing new services to defend and expand their client base.  New initiatives by issuers bring a better customer experience.  However,... read more

Hyatt Hotels latest to have payments card data hacked

18 Jan 16 @ 09:44

Hyatt Hotels has become the latest in a growing list of high profile brands to have their payments card data hacked. The company said Wednesday that it is investigating malware... read more

Annual State of Application Security Report

12 Jan 16 @ 15:25

Arxan Technologies have published  its 5th Annual State of Application Security Report. The new research is based on the analysis of 126 popular mobile health and finance apps from the US,... read more

Half of businesses in the US and UK fear payment card data attack

11 Jan 16 @ 12:58

Research from Semafone has revealed that 60% of US and 52% of UK businesses believe a  to be quite likely or very likely. Semafone conducted the survey over the summer of... read more

12 paytech trends for 2016

05 Jan 16 @ 14:46

As 2016 blasts into gear, what are the big paytech trends for 2016? Guessing what you’re going to buy before you do “Predicting the future is no longer science fiction.... read more

FI’s exposed to money laundering risk

22 Dec 15 @ 15:47

A new study by LexisNexis Risk Solutions and Association of Certified Anti-Money Laundering Specialists reveals that 37% of financial institutions have increased risk exposure to money laundering. The same source mentions that... read more

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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