Fraud & Security

28 Aug 14 @ 12:11

US banking giant JPMorgan is the latest high-profile organization to suffer a hack attack, which is now being investigated by the FBI. It is reported that in mid-August, Russian hackers... read more

26 Aug 14 @ 10:50

The Target data breach, which compromised the data of 40 million cardholders continues to have ramifications across the industry. Following a class-action lawsuit against Target for the data breach, MasterCard... read more

21 Aug 14 @ 11:10

Package delivery giant UPS has become the latest company to admit that customer payment card details may be at risk after it discovered malware at 51 of its US stores.... read more

21 Aug 14 @ 11:07

A tech company specialising in biometric selfies for use in banking authentication has received $6 million in funding to expand the company’s proposition. EyeVerify’s self-verification technology, Eyeprint ID, enables smartphone... read more

18 Aug 14 @ 15:39

US consultancy First Annapolis has highlighted how issuers are feeling heightened pressure to migrate card portfolios to EMV as the October 2015 liability shift deadline quickly approaches. After a spate... read more

15 Aug 14 @ 13:19

US supermarket chain Supervalu has become the latest large-scale merchant to suffer a breach of its network, compromising customer card data. In a statement, the company says it suffered a... read more

13 Aug 14 @ 12:20

ACI Worldwide announced that it has completed the acquisition of Retail Decisions (ReD), a leader in fraud prevention solutions.  Under the terms of the agreement, ACI Worldwide acquired ReD for... read more

12 Aug 14 @ 12:41

When the Payments Card Industry Data Security Program (PCI-DSS) was first introduced in 2004, the move was in response to a series of breaches that demonstrated how exposed credit and... read more

11 Aug 14 @ 12:13

The cost of cyber crime to the UK economy amounted to $11.4 billion (£6.8 billion) in 2013, or 0.16% of the country’s GDP, a report from the Centre for Strategic... read more

08 Aug 14 @ 14:14

The message for Android is increasingly bleak in the context of security. After Android malware hits South Korean mobile banking customers and Android cyberattacks on 34 European banks it now... read more

07 Aug 14 @ 15:27

A leading digital identity expert has revealed the results of its new research The Rise of the Identity Centric Economy which found that 53% of UK consumers would never use... read more

04 Aug 14 @ 12:25

FICO has published its latest map of card fraud in Europe, showing that card fraud losses in 2013 for the 19 European countries studied reached €1.55 billion. This figure was... read more