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MIDBANK enters Instant Payment Network

News | Online & Mobile Banking | 04 Sep 2023

Egypt-based MIDBANK has entered the Instant Payment Network (IPN) to enable cash transfers between banks. 

instant payments, online banking, COVID-19, mobile banking, digital banking

FCC puts Kaspersky on the list of national security threats

News | Digital Identity, Security & Online Fraud | 28 Mar 2022

The US Federal Communications Commission (FCC) has added Russian-based worldwide-known cybersecurity company Kaspersky Lab on its list of entities that pose a threat to the US national security.

Russia Ukraine War, risk management, online security, cybersecurity, Huawei, transaction monitoring

Over 60k digital IDs sold on criminal market for USD 5 - USD 200

News | Digital Identity, Security & Online Fraud | 10 Apr 2019

Kaspersky Lab researchers have revealed that more than 60,000 stolen digital profiles are currently up for sale on Genesis Store, a private and invitation-only online cybercriminal market.

digital identity, identity theft, cybercriminal market, Kaspersky Lab, stolen digital profiles, fraud prevention, online security, Genesis Store

32 percent of shoppers financial credentials stolen, Kaspersky finds

News | Digital Identity, Security & Online Fraud | 20 Dec 2018

A Kaspersky Lab report has revealed the state of consumer attitudes towards their money and financial security online: 93% are aware of financial cyber threats. 

Kaspersky Lab, security, cybercrime, study, report, ecommerce

Kaspersky Lab: cryptojacking cases risen 400 percent in 2018

News | Cryptocurrencies | 17 Dec 2018

Russia-based cyber-security company Kaspersky Lab has released data that cryptojacking cases have risen 400% in 2018, representing 13 million incidents.

Kaspersky Lab, Cryptojacking, cryptocurrency, fraud, funds, wallets, mining, digital currencies, ransomware, Russia

Over USD 10 mln stolen in 2017 using cryptocurrency social engineering schemes

News | Cryptocurrencies | 16 Jul 2018

Kaspersky Lab has revealed that cybercriminals were able to steal over USD 10 million from unsuspecting users using fraudulent and “social engineering” schemes in 2017.

Kaspersky Lab, cryptocurrency, social engineering, stolen funds, cybersecurity, fraud prevention, ICOs

Kaspersky Lab boosts fraud management with new fraud prevention solutions

News | Digital Identity, Security & Online Fraud | 14 Jun 2018

Kaspersky Lab has launched fraud prevention solutions to boost fraud management functionalities. 

Kaspersky Lab, fraud management, product launch, fraud prevention, machine learning

Merchant Risk Council, Kaspersky Lab join forces to fight ecommerce fraud

News | Digital Identity, Security & Online Fraud | 30 Mar 2018

Kaspersky Lab has joined forces with the Merchant Risk Council as Premier Solution Provider, as part of its mission to protect ecommerce businesses from online fraud.

Merchant Risk Council, Kaspersky Lab, partnership, ecommerce, fraud prevention, online security, merchants, retailers

Interview with Casey S. Potenzone, Nexway, on key trends in the digital marketplace space

Interviews | Interviews | 23 Mar 2018

We sat down with Casey S. Potenzone from Nexway to learn more about their company and the main trends that shape the digital marketplace space

Casey S. Potenzone, Nexway, digital marketplace, ecommerce, bank, chargeback, payments , billing, telechargement, KYC, merchant

Crypto mining malware affects over 1.65 million computers

News | Cryptocurrencies | 14 Sep 2017

Cryptocurrency mining malware attacks have targeted more than 1.65 million computers in the first eight months of 2017, according to Kaspersky Lab.

Cryptocurrency mining, malware, cyberattacks, Kaspersky Lab, botnets, online security, fraud prevention

No More Ransom initiative celebrates its first year

News | Digital Identity, Security & Online Fraud | 26 Jul 2017

On 25 July 2016, the Dutch National Police, Europol, McAfee and Kaspersky Lab launched the No More Ransom initiative.

Dutch National Police, Europol, McAfee, Kaspersky Lab, No More Ransom, ransomware, online fraud prevention

24 percent of banks worldwide struggle with customer identification

News | Digital Identity, Security & Online Fraud | 08 May 2017

The Financial Institutions Security Risks survey by Kaspersky Lab has revealed that 24% of banks worldwide struggle with the identification of their customers when delivering digital and online banking services. 

web fraud, online banking, customer identification, Kaspersky Lab, survey, cybersecurity

Bangladesh heist updates: North Korea might be involved according to Kaspersky Lab

News | Digital Identity, Security & Online Fraud | 06 Apr 2017

Kaspersky Lab has announced that has digital evidence that bolsters suspicions by some researchers that North Korea was involved in Bangladesh heist in 2016.

Kaspersky Lab, financial attacks, Bangladesh heist, ransomware, device integrity, cybercrime, security, fraud, trends, US

Study shows SMBs blame their competitors for DDoS attacks

News | Digital Identity, Security & Online Fraud | 06 Mar 2017

SMBs who were victim to a distributed denial of service (DDoS) attack on their IT system consider competitors responsible for the action, according to research by Kaspersky Lab and B2B International.

Kaspersky Lab, financial attacks, cybersabotage, ransomware, cybercrime, security, fraud, trends, US, Asia, DDoS, study

Kaspersky Labs rolls out KasperskyOS for embedded systems market

News | Digital Identity, Security & Online Fraud | 13 Feb 2017

Kaspersky Lab has released KasperskyOS, a specialised operating system designed for embedded systems.

Kaspersky Lab, financial attacks, KasperskyOS, ransomware, device integrity, cybercrime, security, fraud, software, product launch, US

Loss of sensitive data - the worst outcome of a cybercrime

News | Digital Identity, Security & Online Fraud | 03 Jan 2017

The findings of Kaspersky Lab’s report have revealed that loss or exposure of sensitive data is the worst outcome of a cybersecurity incident.

cybercrime, sensitive data, breach, security, ransomware, Kaspersky

Kaspersky warns of mobile banking Trojan

News | Digital Identity, Security & Online Fraud | 21 Dec 2016

Kaspersky Lab has warned of a mobile banking Trojan Faketoken that can encrypt user data to extort a ransom from the user.

mobile banking, scam, Trojan, ransomware, cybercrime, phishing, Kaspersky

Threat predictions for 2017 revealed by Kaspersky Lab

News | Digital Identity, Security & Online Fraud | 18 Nov 2016

Kaspersky Lab has announced its predictions for 2017, prepared annually by the Company’s expert Global Research and Analysis Team (GReAT) and are based on its wide-ranging insight and expertise.

Kaspersky Lab, financial attacks, cyber-sabotage, ransomware, device integrity, cybercrime, security, fraud, trends, US

Law enforcement agencies from 13 countries join No More Ransom project

News | Digital Identity, Security & Online Fraud | 18 Oct 2016

Law enforcement agencies from 13 countries have signed up to fight ransomware together with the private sector by joining the No More Ransom project.

ransomware, cybercrime, online fraud, cyber threats, law enforcement agencies, No More Ransom

WISeKey launches WISeID 6.0 app integrating blockchain

News | Digital Identity, Security & Online Fraud | 01 Sep 2016

WISeKey has released the WISeID 6 app, a new edition of the WISeID app integrating blockchain technology.

online fraud, online security, cyber security, fraud prevention, WISeKey, blockchain, digital identity