Fraud & Security

Showing Latest Fraud & Security

Lloyds customer data stolen

14 Sep 15 @ 11:59

In a story which broke over the weekend, it has emerged that Lloyds customers that have Premier Accounts  with the bank have been stolen after data left on a storage device was taken.... read more

Russian group accused of hacking satellites

10 Sep 15 @ 13:13

I will admit that this article is not exactly about payments…however, the ramifications of the report will have significant baring on our industry if correct. One of the world’s most... read more

Cyber crime a major risk to business

09 Sep 15 @ 11:23

According to a new report, businesses must prepare for a new generation of cyber crime, moving beyond the established threats of data breaches, privacy issues and reputational damage to operational... read more

Using honey traps to attract an attacker

08 Sep 15 @ 17:11

Attackers are entering networks in a bid to find the organization’s sweet spot. What can organizations do to turn the tables? While preventive techniques are necessary, they are not always... read more

Millennials protest against ineffective security practices

07 Sep 15 @ 16:17

Intercede, the digital identity company, released the findings of a new consumer survey that suggests Millennials in the US and UK are losing trust in today’s Digital Economy. Fewer than 5%... read more

Apple hack

01 Sep 15 @ 13:31

It has emerged that hackers have used a virus to steal Apple account details from 225,000 iPhones in what is thought to be the biggest theft of its kind. The Apple... read more

Retailers extremely focused on payment innovation

27 Aug 15 @ 14:04

Payment innovation in the retail industry is rapidly changing, driven by consumer adoption of mobile smart devices.  Because of recent well-publicized data breaches and payment card fraud, retailers have turned their... read more

Target breach: MasterCard eyes fresh settlement

21 Aug 15 @ 15:40

Target’s recent settlement with Visa to reimburse card issuers up to a reported $67 million for expenses related to the retailer’s 2013 data breach may pave the way for a similar... read more

Advanced Payments – Which paths to success?

20 Aug 15 @ 15:49

PCM in partnership with Edgar, Dunn & Co. and American Express unveil the findings of the latest Advanced Payments Survey. The annual Advanced Payments Survey, which this year has been... read more

Identity theft and ATM-related fraud top payments security concerns

20 Aug 15 @ 11:51

According to the inaugural MasterCard Safety and Security Index, consumers across Southeast Asia and Greater China cited identity theft and ATM-related fraud as the top two security concerns when it... read more

Target agrees $67 million for Visa data breach

19 Aug 15 @ 11:41

Target has reached a $67m agreement with Visa over the massive data breach of customers’ payment data during the 2013 holiday shopping season that raised serious questions about the company’s data... read more

Are fingerprints the new passwords?

18 Aug 15 @ 17:15

Ever since Apple introduced TouchID for iPhones, more and more smartphones feature fingerprint scanners. And that has some security researchers worried. “If you leak a password, you can just change it;... 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