Fraud & Security

09 May 14 @ 09:30

US banking regulators have been warning banks for over a year to beef up their cyber security as attacks on financial institutions are becoming more frequent, sophisticated and widespread. According... read more

16 Apr 14 @ 12:37

Researcher from Security Research Labs have managed to bypass Samsung Galaxy S5 fingerprint authentication, less than a week after the device’s official release, the ethical hackers also hacked the PayPal app. The... read more

04 Apr 14 @ 11:11

Despite a slight decrease in corporate payments fraud and a heightened interest in security risks, 2013 saw an increase in fraud specific to credit and debit cards as criminals and... read more

04 Apr 14 @ 10:30

US regulators have warned its banks to protect their ATM’s and card authorisation systems from a fresh wave of cyber-attacks that seek to ATM hack a control weaknesses to spew... read more

02 Apr 14 @ 09:35

Experian has revealed a significant rise in detected and prevented fraud attempts in H2 2013 as financial services providers push forward in the fight against credit application fraud. According to... read more

28 Mar 14 @ 10:56

New research commissioned by Semafone has revealed that the overwhelming majority of people would not do business with a company that had failed to protect its customers’ card data in the... read more

26 Mar 14 @ 13:18

Trustwave, the PCI security vendor, has been accused of failing to detect vulnerabilities in Target’s handling of credit card data ahead of last year’s data breach, according to a law suit... read more

18 Mar 14 @ 09:52

The Target, Neiman Marcus, Michael’s Stores breach trifecta may have finally galvanized the US card payment industry to consider strongly EMV in the US. Too bad consumers are poised to change... read more

14 Mar 14 @ 12:37

New figures released on UK fraud by Financial Fraud Action UK (FFA UK) show that levels of card and online banking fraud rose during 2013. Improved fraud detection and prevention... read more

13 Mar 14 @ 16:07

While the mobile channel grows in importance and revenue for merchants, so does their fear of fraudulent attacks and the realization that combating that risk requires specialized tools. Those are... read more

13 Mar 14 @ 11:22

New global research by the Ponemon Institute, sponsored by mobile interaction service provider tyntec, has revealed that on average almost 50% of one-time passwords (OTPs) fail to arrive due to invalid... read more

12 Mar 14 @ 16:13

In its latest Threats Report security specialists McAfee Labs say they have identified 200 new malware samples per minute, or more than three new threats every second, during 2013, which... read more