Identity

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Swift hack probe expands – North Korea blamed

27 May 16 @ 13:26

Investigators are examining possible computer breaches at as many as 12 banks linked to Swift’s global payments network that have irregularities similar to those in the theft of $81 million... read more

Fraud costing the UK economy £193bn a year

27 May 16 @ 12:17

The annual cost of fraud in the UK could be as high as £193bn per year according to a new report. This dwarfs previous estimates produced by the UK Government... read more

Top 5 international fraud trends

18 May 16 @ 12:47

The fraudsters’ calculation is simple: where there’s a great deal of revenue to be earned, there’s a great deal of fraud to be committed. And where there’s even more revenue... read more

ECB steps up cyber attack offensive

17 May 16 @ 13:15

The European Central Bank will set up a database to register incidents of cyber attack and cyber crime at commercial banks, aiming to create an early warning and analysis system... read more

FTC investigates card industry data security auditing

12 May 16 @ 14:32

The US Federal Trade Commission (FTC) is flexing its muscles regarding data security. In early March 2016 the agency issued orders to nine companies that conduct payment card industry data... read more

Card Not Present fraud to exceed $7 billion

09 May 16 @ 12:35

iovation and Aite Group have developed an impact note entitled “EMV: Issuance Trajectory and Impact on Account Takeover and CNP.” The report calculates that card not present fraud – fraudulent transactions where a... read more

Kaspersky: All ATMs can be hijacked with ATM malware

29 Apr 16 @ 15:38

ATMs can be easily hacked and ATM malware installed, meaning funds could be stolen, a report by Kaspersky Labs has revealed. The company identified two key hardware flaws with the... read more

Fraud: Driving US EMV migration

22 Apr 16 @ 16:28

It is no understatement to say that the journey to US EMV migration over the last decade has been bumpy, with several false dawns – yet a new report Driving EMV... read more

Global Security Report 2016

19 Apr 16 @ 16:13

Global Security Report – Cybercrime is big business. We hear it so often that the words threaten to lose their impact. But the details still have the capacity to shock.... read more

Monitoring behaviour can unmask fraudsters

14 Apr 16 @ 12:40

Thieves and fraudsters want to get their hands on our cash and data. And these days they can attack us from all corners of the globe. Financial fraud losses totalled... read more

2016 Internet Security Threat Report

13 Apr 16 @ 11:09

Symantec has released its 2016 Internet Security Threat Report in which it suggests more than 500 million digital identities were stolen or exposed in 2015. In addition, it said, fake... read more

MePIN releases PSD2 authentication for non-smartphones

08 Apr 16 @ 08:18

MePIN has released a new addition to their universal authentication platform. MePIN now simplifies and secures the lives of banks, payment service providers and their legacy users, by allowing the service... read more

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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