13 Oct 23 @ 09:37
A new State of the Internet report that explores existing and emerging cyberattacks against the financial services industry, finds that financial services is the third-most attacked vector in the Europe,... read more
27 Sep 23 @ 17:18
While UK consumers’ exposure to cybercrime has reduced over the past year, they experience more at cybercrime losses than any other major market in the world – despite being less... read more
24 Nov 22 @ 16:45
It has been a good week for the guardians of the payments industry. We are very often writing of the upward trends in fraud and the latest channels to be... read more
23 Aug 21 @ 14:13
Businesses and people around the world suffer ransomware attacks every day. Exceptionally since the pandemic started, we hear more and more about hackers abusing vulnerabilities. According to the data presented... read more
03 Feb 21 @ 17:59
It is becoming painfully clear that the pandemic is a boon of epic proportions for fraudsters. Between COVID-19 scams targeting consumers, the wholesale theft of government benefits, and playing on... read more
14 Sep 20 @ 14:18
For years criminals have made money through criminal schemes like drug trafficking and counterfeiting cash. In the last decade, criminals have increasingly turned to cybercrime – using hackers to conduct... read more
20 Mar 20 @ 13:29
Payment card fraud, arguably one of the most straightforward approaches to financially motivated crime, persists in the face of ongoing anti-fraud efforts from regulators, financial institutions, and retailers. Carding, as... read more
19 Mar 20 @ 10:46
Throughout the past two decades corporates have swiftly transitioned from traditional linear business models to platform based as the demand for quality product outlay in record time escalates. With platform-based... read more
07 Nov 19 @ 10:44
Fraud increased 30% overall in Q3 2019 and bot-driven account registration fraud is up 70% as cybercriminals test stolen credentials in advance of the holiday retail season. The Q4 Fraud... read more
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
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
11 Jan 19 @ 16:18
In payments, consumers ask a lot in terms of convenience, speed and, above all, security. This puts the pressure on the industry to offer a pain-free consumer experience that is... read more
07 Jan 19 @ 11:47
According to figures from Action Fraud, the UK’s national fraud reporting service, contactless card fraud is surging. A total of £1.8 million was stolen by fraudsters from contactless users in 2018.... read more
26 Nov 18 @ 18:19
Unfortunately, with technology on the rise, there’s more room for cyber crime in 2018. According to the Cyber Security Breaches Survey 2018, 43% of businesses were a victim of a cyber security... read more
06 Aug 18 @ 13:22
Refrigerators, cars, watches, rings — what do all of these items have in common? They are all IoT products that are capable of connecting to the internet and completing transactions... read more
02 Aug 18 @ 14:04
The news today is full of stories about financial damage caused by the dark web, cyber crime and hacker attacks against organisations, or about hundreds of thousands of user accounts... read more
14 Sep 17 @ 09:48
The notorious dark web marketplaces Alphabay and Hansa, designed for criminals who specialised in monetising lists or “dumps” of credit card data, were shut down in July following “landmark” action by... read more
27 Apr 17 @ 09:44
Connectivity is changing the world and the way we interact with one another. Last year, figures showed that the global population owned around 6 billion connected devices, approaching one for... read more
29 Sep 16 @ 13:06
Europol has issued a warning regarding the cybercrime threat landscape, particularly threats emanating from the so-called “Darknet.” The “2016-internet-organized-crime-threat-assessment” report, outlines the biggest threats online. The annual report concluded that... read more
16 Aug 16 @ 17:07
The use of zero-day exploits and advanced persistent threats to hack into organisations make for great news headlines. However the reality is much more mundane and low-tech. Cybercriminals are continuing to... read more
05 Aug 26 @ 16:37
Visa has agreed to acquire Israeli behavioural biometrics specialist BioCatch in a $2.4 billion all-cash transaction, marking one of the payments giant's larges... more
05 Aug 26 @ 16:36
Fiserv and Mastercard have strengthened their long-standing partnership with a new global agreement designed to simplify payment acceptance for enterprise merch... more
13 Aug 26 @ 15:19
Royal Bank of Canada and Bank of Montreal have agreed to sell their jointly owned payments processor Moneris to private equity group Francisco Partners in a C$2... more