Fraud & Security

17 Nov 14 @ 12:42

FICO says that card-not-present (CNP) fraud accounted for three-quarters of card fraud cases and fraud losses in the UK from 2012-2014, based on the payment cards in the FICO Falcon Fraud Consortium for Europe.... read more

11 Nov 14 @ 16:53

Mary Thompson, from CNBC, speaks with entrepreneurs who are looking to grab a piece of the red-hot mobile payments space, including Validsoft who secure digital and payment transactions.

10 Nov 14 @ 12:03

Official figures released by the global technical body EMVCo show that nearly 30% of all card-present transactions conducted globally between July 2013 and June 2014 used EMV chip technology. The... read more

07 Nov 14 @ 15:41

Treasury Committee chairman Andrew Tyrie is to question banks over allegations that they may be under-reporting instances of cybercrime and bank fraud because they don’t want to frighten people. Tyrie... read more

24 Oct 14 @ 15:51

European merchants need to pay more attention to securing electronic payments, warns the Payment Card Industry Security Standards Council (PCI SSC), in a stark warning over cyber attack. This was one of... read more

24 Oct 14 @ 15:38

In a bid to speed up US EMV adoption in the wake of recent payment card breaches at retailers, President Obama has signed an executive order directing government agencies to shift to... read more

22 Oct 14 @ 13:59

According to the results of the “Mobile Cyber Threats” survey issued by Kaspersky Lab and INTERPOL, malicious, financial malware, programs targeting Android-based devices in order to steal money were used in 60% of attempted attacks... read more

21 Oct 14 @ 12:58

The UK spends more on cyber defence than any other European state, and rightly so. New statistics have emerged showing that the UK suffered significantly more cyber attacks over the... read more

17 Oct 14 @ 09:00

The World Wide Web Consortium (W3C) says it will begin a new initiative to integrate payments seamlessly into the Open Web Platform and help tackle fraud. W3C calls upon all industry stakeholders... read more

08 Oct 14 @ 11:14

Kaspersky Lab says that it has discovered Criminals are using the Tyupkin malware to clean out cash machines around the world, stealing millions of dollars. After a forensic investigation conducted... read more

03 Oct 14 @ 10:37

Having strongly denied a second round of cyber hacking as reported in the New York Times, the embattled bank has released figures on the breach. On Thursday, citing “several people”... read more

02 Oct 14 @ 12:59

MasterCard has launched  SafetyNet, a global tool designed to reduce the risk of cyber hacking of banks and processors. SafetyNet is designed to use the power of MasterCard’s global network, to... read more