03 Oct 18 @ 12:52
In June 2018, Indian police in Mumbai, the country’s financial capital, broke the back of a card fraud and cloning racket that involved waiters at bars and restaurants across the... read more
09 Aug 18 @ 15:05
Cybercrime is booming. Banks and financial services companies are targets for criminals following the money and for nation-state actors and others looking to destabilise financial infrastructure. Ethical hackers, sometimes known... read more
01 Jun 18 @ 10:01
Nearly 2.1 billion consumers worldwide will use a mobile wallet to make a payment or send money in 2019, up nearly 30 percent from 1.6 billion recorded at the end of... read more
03 Feb 17 @ 13:50
2016 was the year when cybercrime reached record levels with a $81 million cyber heist on the Bangladesh central bank, and an unprecedented number of ATM attacks and data security breaches. We... read more
02 Aug 16 @ 15:58
Companies are faced with a two-fold problem: protecting their data from those who have access to it from the inside, and from those who exploit the human factor to access... read more
24 May 16 @ 15:57
WITH CONTACTLESS PAYMENTS increasing in popularity, MWR InfoSecurity has warned consumers to be aware of the risks of contactless technology. It also issued a reminder to retailers and banks that... read more
04 Apr 16 @ 13:01
Using financial Trojans to defraud customers of online banking services is still a popular method among cybercriminals looking to make a profit. Although we have seen a drop in the... read more
09 Nov 15 @ 15:53
The recent publication of cybercrime statistics by the Bundeskriminalamt (BKA), the German Federal Criminal Office, raises almost as many questions as it answers. As with any official cybercrime statistics, perhaps... read more
02 Oct 15 @ 07:57
Everything changed on 6 August 1991 when the first webpage was launched. Nearly 25 years on, we look at the state of the cyber nation, the battle between cyber attackers... read more
27 Mar 14 @ 20:42
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
29 Jul 13 @ 05:39
Card-not-present fraud levels are rising in many regions despite intense efforts to combat this pernicious threat. What is the industry doing to counter it? by Victoria Conroy It is a... 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