Cyber Security

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

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

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

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

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

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

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

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

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

10 Sep 15 @ 13:13

I will admit that this article is not exactly about payments…however, the ramifications of the report will have significant baring on our industry if correct. One of the world’s most... read more

10 Sep 15 @ 10:20

MyBank has issued a call for participation in the pilot phase for its Identity Verification Service to Payment Service Providers (PSPs) and service providers. The pilot will start in mid-November... read more

09 Sep 15 @ 11:23

According to a new report, businesses must prepare for a new generation of cyber crime, moving beyond the established threats of data breaches, privacy issues and reputational damage to operational... read more