Cyber Security

Showing Latest Cyber Security

First Internet Bank uses Eyeprint ID biometrics for app

03 Sep 15 @ 16:43

Users of the First Internet Bank (FIB) mobile banking app can now login using Eyeprint ID verification technology, allowing customers to access their bank account with a smartphone camera and an... read more

Apple hack

01 Sep 15 @ 13:31

It has emerged that hackers have used a virus to steal Apple account details from 225,000 iPhones in what is thought to be the biggest theft of its kind. The Apple... read more

Retailers extremely focused on payment innovation

27 Aug 15 @ 14:04

Payment innovation in the retail industry is rapidly changing, driven by consumer adoption of mobile smart devices.  Because of recent well-publicized data breaches and payment card fraud, retailers have turned their... read more

Facebook creates AI-powered virtual assistant

27 Aug 15 @ 13:14

You might wander why an AI story is appearing in a payments blog, but AI payments may well be here sooner than you think. Facebook has created a virtual assistant... read more

Target breach: MasterCard eyes fresh settlement

21 Aug 15 @ 15:40

Target’s recent settlement with Visa to reimburse card issuers up to a reported $67 million for expenses related to the retailer’s 2013 data breach may pave the way for a similar... read more

Identity theft and ATM-related fraud top payments security concerns

20 Aug 15 @ 11:51

According to the inaugural MasterCard Safety and Security Index, consumers across Southeast Asia and Greater China cited identity theft and ATM-related fraud as the top two security concerns when it... read more

Target agrees $67 million for Visa data breach

19 Aug 15 @ 11:41

Target has reached a $67m agreement with Visa over the massive data breach of customers’ payment data during the 2013 holiday shopping season that raised serious questions about the company’s data... read more

Are fingerprints the new passwords?

18 Aug 15 @ 17:15

Ever since Apple introduced TouchID for iPhones, more and more smartphones feature fingerprint scanners. And that has some security researchers worried. “If you leak a password, you can just change it;... read more

Carphone Warehouse: 2.4m bank details hacked in data breach

10 Aug 15 @ 16:33

UK mobile phone retailer Carphone Warehouse has suffered a serious data hacking breach that may have compromised the banking details of 2.4 million customers. The breach was discovered on 5... read more

Android accounts for most mobile fraud – Kount

07 Aug 15 @ 16:36

The rate of mobile fraud is highest on Android devices, according to new data from fraud specialists Kount, with mobile fraud also outpacing that of online and in-store fraud for... read more

Vasco and Sumitomo Mitsui to create secure mobile banking app

06 Aug 15 @ 16:45

Vasco Data Security, a global digital security specialist, has announced that Sumitomo Mitsui Banking Corporation (SMBC) will provide their online retail banking customers with a highly-secure mobile banking solution for... read more

US comprises bulk of global card fraud losses

05 Aug 15 @ 17:04

New figures from payment industry researchers The Nilson Report show that the US accounted for 48.2% or $7.86 billion of gross losses worldwide on plastic cards in 2014. These figures... read more

Trending

Agentic commerce triggers new battle over checkout control

27 Jan 26 @ 17:55

The rapid advance of agentic commerce is forcing e-commerce platforms to confront an uncomfortable question: who controls the checkout when machines, not humans... more

Pay by Bank – The future of Europe’s payment sovereignty

28 Jan 26 @ 22:23

Europe’s strategic autonomy debate has expanded far beyond defence and energy. [caption id="attachment_57038" align="alignright" width="400"] Pay by Bank... more

NRF: Agentic Commerce – from concept to commercial reality

26 Jan 26 @ 22:01

At NRF Big Show in New York, agentic commerce emerged as more than a futuristic talking point. [caption id="attachment_57648" align="alignright" width="375... more