25 Nov 15 @ 12:29
In a statement released yesterday, Hilton Hotels confirmed it had been hit by a malware data breach that stole customer payment data at the checkout, becoming the latest hotel chain... read more
20 Nov 15 @ 12:53
Everything changed on 6 August 1991 when the first webpage was launched. Nearly 25 years on, we look at the state of cyber crime, the battle between cyber attackers and... read more
23 Sep 15 @ 14:47
Millions of Americans use their phones to buy things and send money to people, but the technology involved in moving towards real-time mobile payments in the US lags behind many other industrialized... read more
13 May 15 @ 12:06
News has reached us that credit card hackers are targeting Starbucks gift card and mobile payment users and stealing from consumers’ credit cards. This new scam is so ingenious, the... read more
26 Mar 15 @ 12:18
Recorded fraud victims increased by 25% last year, according to the latest report from the UK fraud prevention service, Cifas, published today. In total there were 276,993 frauds recorded in... read more
04 Mar 15 @ 15:16
The European Central Bank has published a new report on digital currencies, describing them as “inherently unstable” whilst remaining upbeat about the potentially transformative benefits they may offer in payments. The ECB study builds... read more
13 Feb 15 @ 12:29
The Kaspersky Lab study ‘Financial Cyber Threats in 2014’ reports that 28.8% of phishing attacks in 2014 were intended to steal financial data from users. While carrying out their scams,... read more
15 Jan 15 @ 14:11
According to the KrebsOnSecurity blog, ATM skimming attacks have focused on innovative fraud devices made to attach to the outside of compromised ATMs via a black box attack. Security experts are... read more
15 Dec 14 @ 12:15
It has been revealed that for the last five years, hackers have been using a banking malware to siphon unencrypted credit/debit card information from the computer networks of Charge Anywhere, an... read more
25 Nov 14 @ 12:50
Virtual currencies are likely to be a major disruptive force within five years, according to a new study published by Technology Strategies International. The report titled, The Future of Virtual... read more
08 Oct 14 @ 11:14
Kaspersky Lab says that it has discovered Criminals are using the Tyupkin malware to clean out cash machines around the world, stealing millions of dollars. After a forensic investigation conducted... read more
30 Sep 14 @ 12:32
According to figures released by Financial Fraud Action UK (FFA UK) card fraud and remote banking fraud increased during the first six months of 2014. The intelligence behind the figures... read more
29 Sep 14 @ 15:00
As more consumers and employees use their smartphones and tablets, the risk of payment fraud stemming from those devices increase for small- and medium-sized businesses, warns a new report from... read more
08 Sep 14 @ 10:22
Alcatel-Lucent has released new report on malware and mobile malware showing that security threats to mobile and residential devices jumped sharply during the first half of 2014, putting device owners... read more
30 Jun 14 @ 10:35
Since the beginning of 2014, some of the UK’s main high street banks have reported losses of over £21 million from vishing attacks, where consumers are tricked into handing over... read more
21 May 14 @ 15:35
EBay has asked users to change their passwords following a cyber-attack that compromised one of its databases. The US firm said the database was hacked between late February and early... read more
04 Apr 14 @ 10:30
US regulators have warned its banks to protect their ATM’s and card authorisation systems from a fresh wave of cyber-attacks that seek to ATM hack a control weaknesses to spew... read more
14 Mar 14 @ 12:37
New figures released on UK fraud by Financial Fraud Action UK (FFA UK) show that levels of card and online banking fraud rose during 2013. Improved fraud detection and prevention... read more
22 Jan 14 @ 14:34
Since entering the public domain, mobile money transfer using the phone platform, has almost lit up the airwaves. Paperwork is at the minimum and speed is usually counted in minutes.... read more
13 Jan 14 @ 13:32
For several years I have been reading about flaws in home banking apps, but I was sceptical. To be honest, when I started this research I was not expecting to... read more
06 Sep 26 @ 19:31
Wero is moving further beyond its origins as a peer-to-peer payment service, with Orange becoming the first merchant in France to offer subscription bill paymen... more
06 Sep 26 @ 19:32
The European Central Bank and Banco Central do Brasil are examining whether Europe’s TIPS instant-payment infrastructure could be connected with Brazil’s hu... more
10 Sep 26 @ 15:44
US Bank has completed a live cross-border transaction using its own dollar-backed stablecoin, becoming one of the latest major lenders to test whether blockchai... more