Fraud & Security

Showing Latest Fraud & Security

First Annapolis highlights US EMV push

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

US store chain Supervalu hit by network breach

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

ACI Worldwide completes ReD acquisition

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

Retail malware: PCI-DSS is part of the problem

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

Cyber crime costs UK economy £6.8 billion

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

IBM uncovers Android banking vulnerability

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

Security fears throttling mobile financial services

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

European card fraud losses hit new high

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

Backoff! POS malware

01 Aug 14 @ 11:27

The US Department of Homeland Security today issued an advisory alert to businesses concerning the existence of Backoff, a new point-of-sale malware which infiltrates retail computer systems. The alert, issued on... read more

Fraud victims less confident with affected businesses

31 Jul 14 @ 16:03

Around 72% of US consumers affected by fraud have also been victims of data breaches, according to data from the National Consumers League and US research company Javelin Strategy and... read more

8 in 10 Brits would ditch passwords for biometric security

29 Jul 14 @ 15:46

8 in 10 (79%) Brits are ready to ditch their passwords in favour of biometric security measures like fingerprint scanners, new research shows.1 iPhone 5s sales of more than 10... read more

Global fraud study

29 Jul 14 @ 11:16

A global fraud study of more than 6,100 consumers across 20 countries revealed distrust among global consumers in retailers to protect their data. However, the study also reveals that consumers... 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