Cyber Security

Showing Latest Cyber Security

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

NatWest online banking crashes again

31 Jul 15 @ 16:09

UK bank NatWest, part of the RBS group, has suffered another online banking crash which has affected thousands of users. The latest IT failure comes only six weeks after the... read more

The economics of hacking

30 Jul 15 @ 12:00

After a series of high-profile hacking attacks, many companies are considering more aggressive tactics to fight back against cyber crime, including “active defence” strategies. The most controversial is “hacking back”... read more

ING Bank launches voice biometric payment system

30 Jul 15 @ 10:30

While banking customers have already been able to use the voice control mode on the ING Netherlands app, now they can also make voice-activated payments leveraging voice biometric technology. A... read more

Cyber security: When 95% isn’t good enough

29 Jul 15 @ 13:26

According to a very interesting article in the FT – two weeks after hackers broke into Sony Pictures’ computer systems, deleting important company files and exposing embarrassing emails, technology experts... read more

Cyber attack Open Threat Exchange sharing platform

28 Jul 15 @ 13:26

Banking bosses say that a cyber attack is among their biggest fears, with nearly 80% of chief executives of financial services firms worrying about this potential risk. But five months... read more

Thieves target contactless payment cards

23 Jul 15 @ 10:21

Consumer group Which? has warned that data from contactless debit and credit cards is at risk of being intercepted by thieves. All 10 credit and debit cards tested revealed some... read more

European cross-border and card-not-present fraud on the rise

22 Jul 15 @ 13:44

Card fraud losses across 19 countries in Europe rose an average of 6% in 2014, according to a new report based on data from Euromonitor International. But the low overall rise... read more

Darkode hacking forum smashed – 12 charged

17 Jul 15 @ 13:54

US authorities working with law enforcement officials abroad say they have shut down the Darkode online forum used by cybercriminals around the world and charged 12 people linked to the... read more

Mobile Identity: the fusion of financial services, mobility and identity

17 Jul 15 @ 13:35

A new report looks into generational change – particularly as it affects Gen X and Y, who together make up half of the global population . Their adoption of mobile... read more

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Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more

Visa and Fiserv partnership extends API-led acceptance platform

22 Mar 26 @ 18:30

Visa and Fiserv are extending their long-running partnership in Europe with a new API-driven acceptance offering designed to simplify merchant acquiring and mod... more

Mastercard makes a decisive stablecoin move with BVNK acquisition

17 Mar 26 @ 15:04

Mastercard has agreed to acquire stablecoin infrastructure specialist BVNK in a deal worth up to $1.8 billion, marking one of the clearest signals yet that majo... more