Fraud & Security

Showing Latest Fraud & Security

A bad week for card data security

14 Jan 14 @ 10:25

In the last few days there has been bad news for retailers and their ability to comply with card data security protocols to protect their customer card data from hackers.... read more

UK Fraud Predictions For 2014

18 Dec 13 @ 12:19

Leading fraud and risk management consultancy UK Fraud (www.ukfraud.co.uk) has drawn up a list of predictions for the coming year. Their fraud predictions for 2014 are: 1. The Cabinet Office... read more

Datacard Group announces agreement to acquire Entrust

17 Dec 13 @ 17:01

Datacard Group has entered into an agreement to acquire Entrust, a leader in securing digital identities and information and a Thoma Bravo LLC portfolio company. The acquisition builds on the... read more

Consumers beware: five ways your identity can be stolen

13 Dec 13 @ 11:23

Jumio has revealed the top five ways that identity thieves and fraudsters target victims, in conjunction with the release of a new report entitled The Fraudsters Playbook. The Playbook includes... read more

Spend on financial crime counter measures remains strong

09 Dec 13 @ 09:32

According to a survey from BAE Systems Detica, spend on financial crime counter measures remains a priority for businesses globally. The “Financial Crime Survey 2013”1 reveals that investment by many... read more

New report highlights fraud prevention as a key consideration for businesses

05 Dec 13 @ 12:51

New research announcing continued growth in European online and mobile payment markets comparing five major EU territories: the UK; Germany; France; Belgium and The Netherlands, explores differing regional and cultural... read more

The fight against online payment fraud in Europe

02 Dec 13 @ 11:50

A recent pan-European survey(1) on e-commerce companies to find out what measures they take to combat online payment fraud and what their expectations are in terms of fraud management has... read more

The likelihood of a data breach within an organisation

27 Nov 13 @ 12:31

Prodec Networks has released a new infographic to highlight how vulnerable business are to internal data breach threats. In addition, it shows the financial impact this can have on a business. After employees,... read more

Danish bitcoin exchange Bips suffers cyber-breach

27 Nov 13 @ 09:38

Bips, the Danish bitcoin exchange, has been forced to shut down its consumer wallet initiative after suffering a major cyber-attack that saw £1 million in bitcoins stolen. Copenhagen-based Bips is... read more

The most dangerous malware trends for 2014

22 Nov 13 @ 16:22

Not surprisingly, malware is still the most dangerous threat to enterprises, end users and financial institutions. Its success has spawned improved detection and prevention technologies which continue to threaten malware’s... read more

Five arrests made in $45 million cyberheist

19 Nov 13 @ 18:42

Five men in New York have been arrested in connection to a huge cyberheist after “packing bags to the brim with stolen cash.” Federal prosecutors said that the group of thieves... read more

UK crime agency warns of bitcoin ransomware threat – Cryptolocker

18 Nov 13 @ 14:34

The UK’s National Cyber Crime Unit is warning that tens of millions of PC users across the country are being spammed by e-mails loaded with notorious bitcoin ransomware Cryptolocker. The... read more

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ECB brings Central Bank money to tokenised market

23 Sep 26 @ 14:34

The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launchin... more

European E-commerce Hits €911bn as Payments Reshape Online Retail

21 Sep 26 @ 19:41

European e-commerce has broken through the €900bn barrier, underlining the growing importance of digital retail to the continent's economy while intensifying ... more

Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more