Cyber Security

Showing Latest Cyber Security

Russian group accused of hacking satellites

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

MyBank to launch pilot for Identity Verification Service

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

Cyber crime a major risk to business

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

Using honey traps to attract an attacker

08 Sep 15 @ 17:11

Attackers are entering networks in a bid to find the organization’s sweet spot. What can organizations do to turn the tables? While preventive techniques are necessary, they are not always... read more

Millennials protest against ineffective security practices

07 Sep 15 @ 16:17

Intercede, the digital identity company, released the findings of a new consumer survey that suggests Millennials in the US and UK are losing trust in today’s Digital Economy. Fewer than 5%... read more

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

Trending

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