Fraud & Security

Showing Latest Fraud & Security

SIM card remains secure

25 Feb 15 @ 09:30

The SIM card is so secure that in the case revealed recently, even intelligence services preferred to steal the key rather than attack the SIM card. The secure authentication of... read more

Card fraud at the ATM is serious – time to step up the fight

24 Feb 15 @ 10:39

Representing global losses in excess of a billion Euros, card fraud and associated skimming remains the most prevalent type of ATM crime and a major concern for financial institutions (FI)... read more

Gen Z ready for biometric security

20 Feb 15 @ 09:17

16 to 24 year old consumers in the UK have the greatest appetite for biometric security measures and the greatest need to use them in place of traditional authentication such... read more

Cyber risk top CEOs’ list of threats to banking

20 Feb 15 @ 09:10

A PwC survey of 175 CEOs of Banking & Capital Markets (BCM) organisations across 54 countries shows 92% are optimistic about their growth prospects over the next three years, despite... read more

EMVCo plans integration for 3D Secure specification

19 Feb 15 @ 11:09

EMVCo says it plans to improve its 3D Secure online payment solution by facilitating a more seamless transaction flow and integration with online merchants. Introduced in 2001, 3D Secure has... read more

US EMV POS migration gathers pace

16 Feb 15 @ 15:33

By the end of 2015, approximately 59% of US POS locations will be EMV-enabled, according to a report from payment consultancy Aite Group. Awareness of the migration to EMV among... read more

Hackers steal $1 billion in global cyber attack

16 Feb 15 @ 15:17

Around $1 billion may have been stolen by hackers from 100 banks worldwide in an unprecedented cyber attack, according to a report by security specialist Kaspersky Lab. The attacks, which... read more

25% of phishing attacks in 2014 targeted financial data

13 Feb 15 @ 12:29

The Kaspersky Lab study ‘Financial Cyber Threats in 2014’ reports that 28.8% of phishing attacks in 2014 were intended to steal financial data from users. While carrying out their scams,... read more

US consumers lose trust in mobile wallets and apps

13 Feb 15 @ 11:54

According to a new survey in the US, trust is eroding among mobile device users when it comes to making purchases or mobile wallet and app downloads. A survey of 15,000... read more

MasterCard to to invest in biometrics and cyber security

13 Feb 15 @ 11:36

MasterCard is reportedly set to invest an additional $20 million in cyber security measures this year, including biometric protection for mobile apps, and early warning alerts on potential threat vectors. This... read more

Survey on internet security: smartphone and tablet users most reckless

13 Feb 15 @ 11:30

It is surprising to see that smartphone owners of all people are taking the biggest risks with data security, considering that 74% of all interviewees regularly use their web-enabled smartphone... read more

Fraud and security concerns push ID management in 2015

11 Feb 15 @ 13:26

Fraud and security: with the influx of high profile digital data breaches in the past year, businesses and consumers alike have grown increasingly concerned over the amount of sensitive personal... 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