Risk & Compliance

Showing Latest Risk & Compliance

Cyber security: When 95% isn’t good enough

29 Jul 15 @ 13:26

According to a very interesting article in the FT – two weeks after hackers broke into Sony Pictures’ computer systems, deleting important company files and exposing embarrassing emails, technology experts... read more

New data security standards published

16 Jul 15 @ 11:51

Following various high-profile encryption protocol vulnerabilities, the PCI Security Standards Council has published an out-of-schedule update to the PCI Data Security Standards (PCI DSS) and Payment Application Data Security Standard... read more

Dyre malware reboots for holiday phishing attacks

15 Jul 15 @ 10:40

Shortly after online banking customers in the UK were warned of a major phishing campaign using the notorious Dyre malware designed to steal financial data, the malware has resurfaced in a new iteration... read more

Giesecke & Devrient receives Visa certification for HCE

09 Jul 15 @ 14:28

Giesecke & Devrient (G&D) has been certified “Visa Ready” by Visa for HCE (Host Card Emulation) cloud based payment services. With the Visa Ready status, Visa ensures that technology and... read more

Autralian regulator voices concerns over cloud risks

07 Jul 15 @ 14:16

The Australian Prudential Regulation Authority (APRA) has released an information paper on prudential considerations and key principles in relation to outsourcing involving shared computing services, including the cloud. The information paper... read more

World Retail Banking Report 2015

26 Jun 15 @ 15:44

The latest World Retail Banking Report 2015 produced by Capgemini and Efma looks like  bad news for traditional banks. For the second straight year, banks have not been able to... read more

25% jump in cross border fraud on UK debit cards

25 Jun 15 @ 10:31

The percentage of fraudulent transactions occurring outside the UK in 2014 on UK debit cards rose 25% in a massive sample of cards studied by analytic software firm FICO. Cross border... read more

RBS to boost IT spend after latest failure

19 Jun 15 @ 15:01

Royal Bank of Scotland (RBS) is pledging to invest another £150 million a year to improve the strength of its IT systems, following the latest breakdown which saw 600,000 transactions... read more

Top 8 future cyber security threats to the financial services sector

16 Jun 15 @ 17:14

Financial services providers must better prepare for the threat that new technologies pose to their cyber security strategies or risk damaging customer and investor confidence. Cyber-crime within the financial services... read more

Criminals receive 1,425% ROI from Cybercrime

12 Jun 15 @ 15:47

Trustwave has released the 2015 Trustwave Global Security Report which reveals the top cybercrime, data breach and security threat trends from 2014. The report discloses how much criminals can profit from malware attacks,... read more

Banks rethink business models as PSD2 comes into effect

13 May 15 @ 17:29

According to the PSD2 and XS2A – regulation or opportunity report, Europe’s banks are engaged in a do-or-die effort to prepare for the 2016 introduction of new payments regulations that are expected to... read more

Cyber security is the EU’s digital frontier

29 Apr 15 @ 10:45

Cyber security is a precondition to promoting innovation also in the area of payments. The European Union Agency for Network and Information Security (ENISA) is a centre of expertise for... read more

Trending

ETC Mining and the anatomy of a crypto scam

02 Mar 26 @ 11:25

Three months ago, I was approached by marketing representatives of ETC Mining, who paid $2,500 in Bitcoin for native advertising placement. On the surface, the ... more

Takeover talk swirls as PayPal’s valuation slumps

24 Feb 26 @ 12:45

After a bruising year on the public markets, PayPal has become the subject of early-stage takeover interest, underscoring how sharply sentiment has shifted arou... more

Visa and Mastercard accelerate agentic payments through bank pilots

18 Feb 26 @ 13:35

The race to define the next phase of digital commerce via agentic payments has moved decisively into the banking mainstream. [caption id="attachment_57882"... more

Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more