Fraud & Security

Showing Latest Fraud & Security

Google deletes 700,000 dangerous apps from Google Play In 2017

01 Feb 18 @ 10:13

As has been well documented, the Google Android ecosystem has been struggling with two major problems – fragmentation and vulnerable dangerous apps. In the last few years, however, Google has solved... read more

Oracle POS flaw affecting over 300,000 POS systems worldwide

31 Jan 18 @ 14:27

ERPScan researchers published the details of a new vulnerability recently fixed by Oracle. The vulnerability affects its MICROS POS terminals and allows an attacker to read sensitive data from devices.... read more

Visa Checkout hits 1 million enrolled UK consumers

30 Jan 18 @ 13:00

Visa says that Visa Checkout has surpassed 1 million enrolled accounts in the UK. Visa’s online payment method, which was launched in May 2017, enables consumers to pay securely in... read more

Cybersecurity data threat report: Trends in encryption and data security

30 Jan 18 @ 12:36

The harsh realities of the current state of cybersecurity are made starkly apparent by the seemingly endless reports of major data breaches, which continue unabated despite consistent increases in IT... read more

Hackers have stolen 14% of the value of big cryptocurrencies

26 Jan 18 @ 14:56

Cryptocurrencies and the software developed to track them have become attractive targets for cybercriminals while also creating a lucrative new market for computer-security firms. In less than a decade, hackers... read more

PCI council publishes security requirements for software-based PIN entry on devices

26 Jan 18 @ 09:32

The PCI Security Standards Council (PCI SSC) has announced a new PCI Security Standard for software-based PIN entry on commercial off-the-shelf devices (COTS), such as smartphones and tablets. The PCI... read more

2018: The death of the password?

18 Jan 18 @ 17:35

Passwords are no longer passing muster as a security or authentication method. The problem is quantity as much as quality. The average number of passwords registered to a single e-mail... read more

Money laundering in the 21st century: Follow the money

15 Jan 18 @ 13:00

Around $2 trillion is laundered every year and everyone is paying the price. Banks have huge regulatory overheads. Businesses and consumers encounter friction to open a bank account, transfer funds... read more

Future of European Fintech Alliance statement on the final Regulatory Technical Standards (RTS) on strong customer authentication

12 Jan 18 @ 11:49

The Future of European Fintech Alliance, consisting of 72 European FinTechs, challenger banks and FinTech associations, has taken note of the final Regulatory Technical Standards (RTS) on strong customer authentication... read more

New position available: Money Mule

10 Jan 18 @ 16:08

One third (32%) of Britons would apply for a job as a money mule, helping criminals to launder money. That’s the finding of an experiment carried out by Santander to... read more

Criminal underworld dropping Bitcoin for other cryptocurrencies

08 Jan 18 @ 10:14

Bitcoin, despite its stratospheric price, is losing its allure with some of its earliest and most avid fans, the criminals, giving rise to a new breed of cryptocurrencies. Privacy coins... read more

Western Union settles $60 million AML probe

08 Jan 18 @ 09:48

Western Union is to pay $60 million AML fine to resolve allegations that it failed for more than a decade to maintain a program to deter and report transactions involving... 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