Risk & Compliance

Showing Latest Risk & Compliance

Cost of a data breach study – Global overview

07 May 19 @ 11:34

IBM Security and Ponemon Institute have released the 2018 Cost of Data Breach Study: Global Overview. This year it conducted interviews with more than 2,200 IT, data protection, and compliance... read more

Report: The progressing threats of global cybersecurity

30 Apr 19 @ 12:10

Trustwave has released the 2019 Trustwave Global Security Report, which reveals the top cybersecurity threats, breaches by industry and cybercrime trends from 2018. The report is based on the analysis... read more

Fraud & friction: Is the payments market ready for SCA

25 Apr 19 @ 08:59

The combat against fraud was an important and recurring topic at the recent MPE, and not without reason. Card-not-present (CNP) fraud remains a focal point of attention for merchants and... read more

Round-up: Financial crime in focus

10 Apr 19 @ 10:11

Newton’s Cradle (a highly favoured executive toy) was a common sound in offices for many years. If you cast your mind back to your schooldays you’ll no doubt remember that... read more

The future of KYC? What’s so cool about KY3P

08 Apr 19 @ 12:35

A group of 12 regional and digital financial institutions have joined together as investors and members in KY3P, for managing third-party risk and optimising the processes by which financial institutions... read more

SEC report reveals 95% of Bitcoin trading volume is fake

08 Apr 19 @ 10:23

A recent research report by Bitwise Asset Management revealed that 95% of the reported trading volumes in Bitcoin by CoinMarketCap.com is fake and artificially created by unregulated exchanges. Surprisingly, this fake data... read more

More money laundering worries for Nordic banks

28 Mar 19 @ 11:06

Heads continues to roll in the Nordic banking sector as the chief executive of Swedbank was fired by the board, paying the price for a rapidly escalating €135 billion money... read more

Fraud Report: losses on UK-issued cards totalled £671.4 million in 2018

22 Mar 19 @ 16:35

Fraud losses on UK-issued cards totalled £671.4 million in 2018, a 19% increase from £565.4 million in 2017. At the same time, total spending on all debit and credit cards... read more

FIN7 gyber gang: Inside Astra Panel and SQLRat Malware

21 Mar 19 @ 09:57

Despite the arrests of three prominent members of the FIN7 cybercrime gang beginning in January 2018, attacks targeting businesses and customer payment card information did not cease. The latest evidence involves the... read more

The global state of online digital trust – a warning from consumers

14 Mar 19 @ 16:40

Amidst a continuous stream of headlines around digital trust and about major data breaches in enterprise and government agencies, the degree to which consumers have placed their trust in organisations... read more

US credit card debt hits new record of $870 billion

11 Mar 19 @ 15:37

US credit card debt has hit a new record of $870 billion as of December 2018, according to the data from the Federal Reserve. Credit card balances rose by $26... read more

Cybercrime report: The rise of the mobile bot

07 Mar 19 @ 13:01

According to a new cybercrime report, news has recently emerged of the first machine learning generated fingerprints. According to Wired.com, a group of computer scientists from New York University’s engineering... 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