Fraud & Security

Showing Latest Fraud & Security

Cost of data breach study: global analysis

20 Jun 16 @ 12:15

IBM and Ponemon Institute have release the 2016 Cost of Data Breach Study: Global Analysis. According to the research, the average total cost of a data breach for the 383 companies participating... read more

38% of FI unable to detect fraud from normal customer activity

20 Jun 16 @ 10:53

A survey conducted by Kaspersky Lab and B2B International has revealed that banks and payment organizations are finding it difficult to manage online financial fraud. Surprisingly, over a third (38%) of... read more

Predictive Analytics in the financial industry

20 Jun 16 @ 10:20

Banks and financial institutions that are not yet engaged with Predictive Analytics need to begin their journey today if they are to maintain future competitiveness in digital services. This is... read more

Half of small businesses hit by cybercrime

13 Jun 16 @ 12:39

Small businesses are at risk from cybercrime by not putting adequate protection measures in place, new research from Barclaycard has found. The survey of 250 small businesses reveals that just... read more

Cyber security bulletin – overall statistics for 2015

09 Jun 16 @ 14:22

Cyber security – The year in figures In 2015, there were 1,966,324 registered notifications about attempted malware infections that aimed to steal money via online access to bank accounts. Ransomware... read more

Companies stockpiling Bitcoin against cyber attacks

09 Jun 16 @ 13:59

A study among UK companies reveals that many of them are building a reserve in various crypto currencies, such as Bitcoin, in order to pay off criminals in case of cyber... read more

Using Biometrics to improve UX and secure transactions

08 Jun 16 @ 11:14

Fingerprint biometrics has become one of the most widely used authentication modalities because of its long history, ease of use, performance, interoperability, ability to thwart imposters and low cost. To... read more

Mobile biometrics market set to rise

07 Jun 16 @ 09:23

The Global Mobile Biometrics Market 2016-2020’ – released by Technavio predicts that the global mobile biometrics market will grow at a CAGR of more than 103% The report provides an analysis of the market... read more

Marcher Android banking malware targeting UK customers

07 Jun 16 @ 09:10

The Android banking malware Marcher has been updated, and is now being used by cybercriminals to target customers of major banks in the United Kingdom. First discovered in 2013, Marcher (detected... read more

Sharing economy businesses held back by identity & trust fears

02 Jun 16 @ 11:15

Businesses operating in the sharing economy are being held back by consumer fears over trust in the identity of the other party in the transaction, according to a new report... read more

Swift hack probe expands – North Korea blamed

27 May 16 @ 13:26

Investigators are examining possible computer breaches at as many as 12 banks linked to Swift’s global payments network that have irregularities similar to those in the theft of $81 million... read more

Fraud costing the UK economy £193bn a year

27 May 16 @ 12:17

The annual cost of fraud in the UK could be as high as £193bn per year according to a new report. This dwarfs previous estimates produced by the UK Government... read more

Trending

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