Fraud & Security

Showing Latest Fraud & Security

ModPOS: the most sophisticated POS malware…ever

25 Nov 15 @ 11:36

Threat intelligence experts, iSIGHT Partners, say they have analyzed the most sophisticated POS malware they have seen to date – ModPOS. ModPOS, which is short for modular point-of-sale (POS) system, is a comprehensive... read more

Digitising the PIN for UK payments

24 Nov 15 @ 08:52

myPINpad, which enables multi-channel and multi-factor authentication via the Cardholder PIN, has announced a new partnership with VocaLink, to bring their PIN based authentication solution to digital commerce applications. VocaLink,... read more

Cyber crime and disorder online: tip of the iceberg?

20 Nov 15 @ 12:53

Everything changed on 6 August 1991 when the first webpage was launched. Nearly 25 years on, we look at the state of cyber crime, the battle between cyber attackers and... read more

Warning of online fraud and chargebacks ahead of Black Friday

16 Nov 15 @ 16:59

Global Risk Technologies is warning individuals and online retailers to be aware of hidden threats in the upcoming shopping extravaganza of Black Friday (27th November).  Experts are predicting it to create... read more

Mobile Wallets: The New Fraud Frontier

12 Nov 15 @ 13:23

Mobile wallets are enjoying increasing adoption. Payments made via mobile devices in the United States are expected to total $90 billion by 2017, a big jump from the $12.8 billion... read more

US strengthen cyber security regulations

11 Nov 15 @ 11:45

The New York State Department of Financial Services has outlined its proposals to strengthen cyber security regulations. In a letter to other state and federal regulators, the NYDFS says it... read more

UK cyber security failings

10 Nov 15 @ 18:17

The free market is failing when it comes to cyber security, Britain’s electronic spy chief has warned in a rare public intervention that could pave the way for tougher regulation as... read more

Merchant fraud-to-sales losses up on 2014

27 Oct 15 @ 13:47

Merchants are experiencing an increase in fraud, losing 1.32% of revenue to fraud on average compared to 0.68% in 2014, according to the annual LexisNexis True Cost of Fraud Study.... read more

Cyber criminals break Chip and PIN

23 Oct 15 @ 13:22

It has bee revealed that cyber criminals have worked out a way to hack the Chip and PIN card system currently being introduced at businesses throughout the US and widely used... read more

How the Dridex malware ring was taken down

16 Oct 15 @ 15:46

Thanks to an international law enforcement operation, the ultra-virulent Dridex malware and related botnet have been disrupted as the US’s DOJ targets a Moldovan man in connection with Dridex malware thefts.... read more

Visa and MasterCard launch cyber intelligence services

16 Oct 15 @ 10:13

Visa and FireEye announced the launch of Visa Threat Intelligence, a cyber intelligence service, Powered by FireEye. Tailored to the needs of the payments industry, this new service will deliver... read more

Target: Basic security failures to blame for breach

13 Oct 15 @ 08:54

In the immediate aftermath of the Target 2013 breach, Verizon consultants probed its network for weaknesses and came back with results that point to one overriding – lesson: be sure to... 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