Fraud & Security

24 Jun 14 @ 10:49

Fraud events make consumers afraid, and FIs see costly customer attrition as a result. With 1,367 confirmed data breaches in 2013, organized fraud rings innovating constantly, and consumers losing confidence... read more

16 Jun 14 @ 16:24

Spurred by major data breaches at Target and other stores, the US banking and retail sectors are turning to more secure microchip-based EMV payment cards, causing US shipments of these... read more

16 Jun 14 @ 16:16

The French domestic card scheme, Groupement des Cartes Bancaires (CB), is planning to introduce biometric payment based on fingerprints before the end of 2014. CB is working with the National... read more

12 Jun 14 @ 12:29

In the wake of high-profile retailer breaches, how is the payment industry responding? The year 2013 looks likely to be defined as the year of the data breach, as fraudsters... read more

11 Jun 14 @ 09:30

The UK finance industry has launched a cyber security framework for sharing detailed threat intelligence, testing cyber security and benchmarking financial service providers. The CBEST framework was developed by the Council of Registered... read more

05 Jun 14 @ 16:39

Tech giant IBM has patented a fraud prevention technique which analyses how users interact with websites to spot anomalous behaviour. According to IBM, its patented software will help businesses to... read more

04 Jun 14 @ 13:52

In the latest twist concerning the Russia/Ukraine/Crimea situation, it has been reported that the head of a Russian payments company, who was imprisoned in 2013 for organising a cyberattack on... read more

04 Jun 14 @ 13:47

American Express has contacted around 75,000 of its customers in California to warn them that their card data has been posted online by Anonymous Ukraine. In March this year, the... read more

27 May 14 @ 12:19

Trustwave has released the 2014 Trustwave Global Security Report which reveals the top cybercrime, data breach and security threat trends from 2013. The report includes the type of information most... read more

21 May 14 @ 15:35

EBay has asked users to change their passwords following a cyber-attack that compromised one of its databases. The US firm said the database was hacked between late February and early... read more

20 May 14 @ 15:34

LifeLock has pulled its LifeLock Wallet app from various mobile app stores. In a blog post on its corporate website, LOCK Chairman and CEO Todd Davis said that the company had withdrawn... read more

14 May 14 @ 12:58

INSIDE Secure has announced at Cartes America the launch of MatrixSSE, a software secure element for mobile application protection including enterprise, entertainment and financial applications. The solution allows mobile applications... read more