21 Feb 20 @ 12:25
The severity of cyber-breaches and cyber crime has become more and more intense in recent years. As a result, security experts at Specops Software sought to find out which (Western)... read more
12 Feb 20 @ 10:33
CipherTrace released its Q4 2019 Cryptocurrency Anti-Money Laundering Report. Among key research findings in this fascinating report, it was discovered that cryptocurrency users, exchanges and investors suffered $4.5 billion in crypto-related... read more
07 Jan 20 @ 15:19
On Thursday the 2nd January the Travelex sites went down after the foreign currency service discovered it had been hit by a software virus. The company said it had immediately... read more
10 Dec 19 @ 12:02
In 2020, financial threats motivated by cyber actors may start to target investment apps, online financial data processing systems and upcoming cryptocurrencies, along with providing paid access to banks’ infrastructures... read more
26 Nov 19 @ 09:31
As giant boxes of cash, it’s understandable that ATMs are magnets for nefarious activity. Like many other forms of financially motivated crime, malicious activity against ATMs is supported by an... read more
08 Nov 19 @ 10:55
This week, SIFMA (Securities Industry and Financial Markets Association), held the fifth in its series of exercises meant to simulate a catastrophic cybersecurity event in the banking sector, known as... read more
11 Oct 19 @ 11:32
Armor has released its annual Black Market report which shows that cybercrime-as-a-service is thriving, with cybercriminals staying ahead of the game by offering a raft of new goods and services... read more
19 Sep 19 @ 15:37
Armor has released its annual Black Market report 2019 which shows that cybercrime-as-a-service is thriving, with cybercriminals staying ahead of the game by offering a raft of new goods and... read more
19 Jul 19 @ 09:48
According to an article which first appeared in InPayments, Security is an ongoing concern for SMEs, especially when transactions are taking place via online channels, with customers and service providers... read more
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
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
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
29 Aug 18 @ 08:46
For the modern cyber criminal, turning virtual cash into real money without being caught is a the biggest problem in the cyber crime economy. The thieves often have to get... read more
19 Feb 18 @ 16:52
Cybercrime is on the rise, successful breaches per company each year has risen more than 27%, from an average of 102 to 130. Ransomware attacks alone have doubled in frequency,... read more
08 Feb 18 @ 17:32
Researchers at global cybersecurity firm Forcepoint have discovered a new piece of POS malware – the first in nearly two years – that primarily targets transactions at hotels and restaurants. In the current era of mass... read more
06 Feb 18 @ 16:53
Cybercrime continues to grow and evolve, taking new forms and directions. It is also beginning to converge with serious and organised crime, supported by a professional underground economy of skills... read more
08 Jan 18 @ 10:14
Bitcoin, despite its stratospheric price, is losing its allure with some of its earliest and most avid fans, the criminals, giving rise to a new breed of cryptocurrencies. Privacy coins... read more
27 Nov 17 @ 16:41
Cybercrime follows the money. In today’s increasingly interconnected world they conduct digital hold-ups and cause major disruption by targeting critical infrastructure. So, how do those in the financial services industry... read more
22 Aug 17 @ 14:57
In the latest Symantec annual Internet Security Threat Report, Cyber attackers revealed new levels of ambition in 2016, a year marked by extraordinary attacks, including multi-million dollar virtual bank heists,... read more
01 Jun 17 @ 09:23
New research suggests that the rapid digitisation of consumers’ lives and enterprise records will increase the cost of cybercrime via data breaches to $2.1 trillion globally by 2019, increasing to... read more
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
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
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