Showing results for 'ransomware' in Articles
93 Articles | 24 Magazines | 0 Research | 0 Whitepapers

New fraud types hit crypto industry

27 Apr 23 @ 08:53

As the year canters on and the dust settles on the crypto crash, it might be tempting to think crypto’s over. But think again: as of January 3, 2023, more... read more

Coinbase settles $100 million anti money laundering failures fine

05 Jan 23 @ 15:59

Coinbase has settled on a $100 million fine and improvements package with regulators for anti money laundering failures. The package includes a backlog of more than 100,000 unreviewed transactions and... read more

Report: Underscoring the importance of cybersecurity amid shifting fraud threats

07 Oct 22 @ 09:17

Visa has shared an updated look at how fraud has evolved since the height of the pandemic, with criminals simultaneously targeting online and offline vulnerabilities as our daily lives return... read more

Financial firms see huge rise in cryptojacking

05 Aug 22 @ 10:28

Cybersecurity firm SonicWall has released new data that shows that hackers are increasingly targeting financial firms such as banks and trading houses with cryptojacking attacks designed to use their computer... read more

Fabio Panetta: Why we must reign in the wild West of crypto

27 Apr 22 @ 16:41

“170 years ago Americans pushed westward across the frontier to seek their fortune in the gold rush. Greed and lawlessness turned this promised land into the Wild West, where the... read more

Bank Heists 5.0 – From heist to hijack, dwell to destruction

25 Apr 22 @ 17:30

The Modern Bank Heists report, which annually takes the pulse of the financial industry’s top CISOs and security leaders to provide executives with a ground truth on the changing behaviour... read more

Long Read: Are central banks going off the idea of CBDC?

21 Feb 22 @ 13:33

The Federal Reserve recently requested comment on a discussion paper describing the potential benefits and costs of issuing a CBDC. The paper is not the ringing endorsement of the concept... read more

Long Read: Payment predictions for an industry in flux

25 Jan 22 @ 12:07

Thanks to the pandemic, consumers have become accustomed to doing almost everything online, accelerating digital transformation and embedding new behaviours. After a 5% in global payment revenues in 2021, the... read more

Annual Future of Fraud Forecast predicts five key threats

24 Jan 22 @ 12:13

Experian has released its annual Future of Fraud Forecast, which reveals five fraud threats for the new year. With consumers continuing to take a digital-first approach to everything from shopping,... read more

2021 a record year for crime linked cryptocurrency wallets

17 Jan 22 @ 11:36

2021 has gone on record as being the year criminals used a record amount of cryptocurrency for illicit purposes, but the overall growth of digital asset markets outstripped the rise... read more

Cloud computing giants under scrutiny from Financial Services regulators

11 Jan 22 @ 10:42

The UK’s Prudential Regulation Authority (PRA), which oversees financial stability, is to take steps to bolster banks on the cloud. Data storage is a systemic vulnerability just like financial risk. The regulator... read more

Decentralized Finance: Risk, Regulation, and the Rise of DeCrime

29 Nov 21 @ 16:19

Decentralized Finance (DeFi) looks set to revolutionise financial services, by replacing centralised intermediaries with software running on blockchains. Decentralized Finance (DeFI) refers to the use of platforms such as Ethereum... read more

Hacker advice: Stop trying to keep me out – focus on the data

19 Oct 21 @ 12:39

For more than 20 years, businesses around the world have been hiring hackers. They want us to find exploitable loopholes in their “armour” and break in as far as we... read more

Payments sector keeps top spot for FinTech investment in record H1 2021

11 Aug 21 @ 11:07

Overall global FinTech funding across M&A, PE, and VC deals soared to a new high in H1 2021, according to KPMG’s Pulse of FinTech, a bi-annual report on FinTech investment... read more

Leveraging the Dark Web to strengthen internal security

13 Apr 21 @ 16:30

Virtual, underground marketplaces operating on the Dark Web generate billions of dollars worth of illegal business – from selling drugs to stolen credit card data, to intellectual property and more.... read more

140% YOY growth: 37 billion data breach records leaked in 2020

01 Mar 21 @ 16:41

According to data analysed by the Atlas VPN team based on the 2020 Year End Data Breach QuickView Report by Risk Based Security, the number of leaked data records worldwide hit a... read more

Cyber crime costs rising: Internal failures most common cause of claims for companies

23 Nov 20 @ 15:29

External attacks on companies result in the most expensive cyber crime insurance losses, but it is employee mistakes and technical problems that are the most frequent generator of claims by... read more

Hackers steal millions in cryptocurrency – How do they turn it into real cash?

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

Modern bank heist: How cyber criminals have evolved

31 Jul 20 @ 10:02

The financial sector is historically one of the most secure industries in the world. It needs to earn trust and convince customers that their hard-earned money is safe. Nevertheless, the fact that banks are guardians of the one... read more

COVID-19 outbreak is perfect storm for cybercriminals

06 Apr 20 @ 12:27

COVID-19 is forcing millions of employees to work from home. This means countless organisations are faced with a unique challenge: how to keep as many business-critical functions running as possible... read more

Trending

Major UK Banks unite to develop digital verification service

30 Jun 26 @ 07:05

Barclays, HSBC, Lloyds Banking Group, Nationwide Building Society, NatWest Group and Santander UK are working with UK Finance in the development of a voluntary ... more

Legacy infrastructure leaves Banks unprepared for real-time

06 Jul 26 @ 20:34

European banks risk falling behind in the race towards real-time payments and faster securities settlement unless they accelerate investment in automation and m... more

Visa expands AI and Cybersecurity strategy in Europe

07 Jul 26 @ 19:13

Visa has unveiled a new cybersecurity platform designed to help financial institutions identify threats before they develop into fraud, while simultaneously rev... more