Cyber Security

Showing Latest Cyber Security

Target: Basic security failures to blame for breach

13 Oct 15 @ 08:54

In the immediate aftermath of the Target 2013 breach, Verizon consultants probed its network for weaknesses and came back with results that point to one overriding – lesson: be sure to... read more

Thwarting advanced threats with trusted crypto – White Paper

09 Oct 15 @ 12:19

The dangers posed by advanced targeted attacks are real. Enterprises have come up against the limitations of approaches such as intrusion detection and signature-based malware detection. One promising avenue to... read more

Cyber attacks: A Cloud Security Report

09 Oct 15 @ 10:26

Cyber attacks are on the rise. Companies both large and small are targeted daily by hackers seeking valuable data to monetize in the cyber underground. Recent reports show that 87% of... read more

Samsung Pay on defensive after mobile payments hack

08 Oct 15 @ 09:44

Samsung has been forced to defend Samsung Pay users – its new mobile payment system – after a hacking attack on the subsidiary that built its technology. In a statement that followed a New York... read more

The future is biometric, but privacy fears must be confronted

07 Oct 15 @ 09:38

Over the summer, Mobey Forum’s Biometric and Security Workgroup, set up to explore opportunities and use cases for biometric authentication in mobile money, met with The Biometric Institute and the... read more

Stepping up the fight against fraud

05 Oct 15 @ 15:46

The UK financial services industry was responsible for stopping a total of £910 million worth of attempted card, cheque and online and telephone banking fraud in the first half of 2015,... read more

Cyber security: breach, breach, breach

02 Oct 15 @ 12:44

In the past 24 hours there have been three more cyber security incidents in the industry, highlighting once again the dangers of complacency in the industry. Here is a blow... read more

Cybersecurity experts say mobile payments data breaches to grow

25 Sep 15 @ 13:20

A survey of more than 900 cybersecurity experts shows that an overwhelming majority (87%) expect to see an increase in mobile payment data breaches over the next 12 months, yet... read more

UK is number 1 target for global cybercrime

21 Sep 15 @ 16:50

Cybercriminals are attacking the UK more than any other country making it the number 1 target for global cybercrime. One of the most interesting cybercrime trends in Q2 was the UK’s emergence... read more

US banks certified for class action over Target data breach

16 Sep 15 @ 19:10

The class action against Target brought by several banks over the retailer’s massive data breach in 2013 has been certified by a US judge. District Judge Paul Magnuson said the banks could pursue their... read more

Visa introduces biometric chip card transactions

16 Sep 15 @ 08:47

Visa says it has introduced a new specification which will integrate biometric (palm, voice, iris or facial authentication) capabilities with chip card transaction. The technology framework is designed to work with... read more

Lloyds customer data stolen

14 Sep 15 @ 11:59

In a story which broke over the weekend, it has emerged that Lloyds customers that have Premier Accounts  with the bank have been stolen after data left on a storage device was taken.... 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