Articles with tag: cyber attacks

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New Zealand bourse website hit by fresh cyberattack

News | Digital Identity, Security & Online Fraud | 31 Aug 2020

The New Zealand stock market has been hit by a fifth day of cyber-attacks, crashing its website.

New Zealand stock, cyber attacks, DDoS, fraud prevention, New Zealand, NZX, cybersecurity

Financial malware still high in China, report says

News | Digital Identity, Security & Online Fraud | 05 Mar 2020

China has remained one of the countries most targeted by hackers using financial malware, despite an improvement in its cyberspace security level according to a new report.

China, malware, cyber attacks, financial sector, cryptominers, study

Fraudsters increasingly exploit the mobile channel, LexisNexis Cybercrime Report reveals

News | Digital Identity, Security & Online Fraud | 04 Mar 2020

Fraudsters are increasingly exploiting the mobile channel, according to LexisNexis Risk Solutions’ Cybercrime Report covering July 2019 through December 2019.

LexisNexis Risk Solutions, Cybercrime Report, bot attacks, cyber attacks, Digital Identity Network, mobile attack, attack automation, report

Despite growth in attacks, businesses consider cybersecurity as an afterthought, EY survey finds

News | Digital Identity, Security & Online Fraud | 19 Feb 2020

Despite the overall growth in cyberattacks, only 30% of organisations say the cybersecurity function is involved at the planning stage of a new business initiative, according to an EY survey.

IT, audit, risk, legal, cybersecurity, cyber attacks, study, EY, organisations, Global Information Security Survey, GISS

GCHQ says no internet banking on Windows 7 computers after January 14

News | Digital Identity, Security & Online Fraud | 14 Jan 2020

UK citizens have been warned not to do internet banking or use emails from computers with Windows 7 from January 14, 2020, when Microsoft will end support for the software.

National Cyber Security Centre, internet banking, online banking, cyber sec, fraud prevention, cyber attacks, UK, Windows 7

New York's Department of Financial Services issues cybersecurity risk alert

News | Digital Identity, Security & Online Fraud | 08 Jan 2020

New York’s Department of Financial Services (DFS) has issued an industry letter to all regulated entities following recent events between the US and Iran.

cyber attacks, cybersecurity, fraud prevention, Iran, US, hackers, financial services, DFS

KPMG, nsKnox team up for anti-fraud cyber solution

News | Digital Identity, Security & Online Fraud | 22 Nov 2019

nsKnox has announced an international strategic partnership with KPMG, for which KPMG Israel will be the global distributor and service provider of the joint offering, KPMG Secure Payments.

KPMG, nsKnox, partnership, payment fraud, anti-fraud, cybersecurity, security, payments, fraud, cyber attacks, data protection, risks, verification

UK's National Cyber Security Centre fights payment card fraud

News | Digital Identity, Security & Online Fraud | 24 Oct 2019

The National Cyber Security Centre (NCSC), Britain's cyber-defence centre has prevented more than one million cases of suspected payment card fraud in 2018, its annual review reveals.

payment fraud, online security, cards, UK, cyber security, cyber attacks, National Cyber Security Centre

Malaysia: 84% of SMEs fell victim to cyber-attacks in 2018

News | Digital Identity, Security & Online Fraud | 17 Oct 2019

Chubb’s SME Cyber Preparedness Report has revealed that 84% of small and medium enterprises (SMEs) in Malaysia were victims of cyber incidents in 2018.

Chubb, SME, Cyber attacks, Report, Asia, human error, data breaches, ransomware, phishing, fraud prevention

Financially-motivated cyber-attacks still on the rise, report shows

News | Digital Identity, Security & Online Fraud | 02 Aug 2019

A report published by Finnish cybersecurity company F-Secure has revealed an increasing sophistication of financially-motivated cyber-attacks, with an aim to steal data and sabotage trading systems.

F-Secure, cyber attacks, data theft, data sabotage, direct financial theft, North Korea, cybercrime-as-a-service

Foregenix, Tranwall team up to tackle global ATM Cashout fraud

News | Digital Identity, Security & Online Fraud | 18 Apr 2019

Foregenix has joined forces with Tranwall, an Australian pioneer in payment card control technology, to fight against the rise of global ATM Cashout fraud.

Foregenix, Tranwall, card control, fraud prevention, cyber attacks, cybersecurity, ATM Cashout fraud, banks

MoneyLive Spring 2019: VIDEO interview with Pablo de la Riva, buguroo

Interviews | Interviews | 29 Mar 2019

During MoneyLive Madrid, The Paypers interviewed Pablo de la Riva, Founder & CEO, buguroo to learn more about ways to fight cybercrime

MoneyLive Madrid, Pablo de la Riva, buguroo, cyber security, malware, cyber attacks, bugFraud, artificial intelligence

Interview with Nordea on cybercrime trends and fraud management solutions

Interviews | Interviews | 21 Feb 2019

The fraud management team of Nordea reveals key insights into the cybercrime trends and fraud management solution at both local and global level

Nordea, fraud management, cybercrime, banking, cyber attacks, investment scams, CEO fraud, phishing, friendly fraud

UK to invest in developing solutions against cyber security threats

News | Digital Identity, Security & Online Fraud | 29 Jan 2019

UK has announced plans to become a world leader in the race to eradicate some of the most damaging cyber security threats facing businesses and better protect consumers.

IoT, smart devices, fraud prevention, cybersecurity, UK, investment, cyber attacks

Stress test for risk management reveals cyber-attacks costly

News | Digital Identity, Security & Online Fraud | 29 Jan 2019

A hypothetical scenario developed as a stress test for risk management has showed that a potential global cyber-attack could cause USD 85 billion - USD 193 billion worth of damage.

risk management, fraud prevention, insurance, cyber attacks, financial loss, Lloyds of London, study, Aon

Cybersecurity concerns delay digital transformation progress for APAC orgs

News | Digital Identity, Security & Online Fraud | 16 Jan 2019

Three out of five retails in Asia Pacific have been slowing down the progress of digital transformation projects due to the fear of cyberattacks, according to a Frost & Sullivan study.

cyber attacks, cybersecurity, Asia, APAC, financial losses, retail

Sophos report: cybercriminals are turning to targeted ransomware attacks

News | Digital Identity, Security & Online Fraud | 15 Nov 2018

Cybercriminals have been turning their attention to targeted ransomware attacks that are premeditated and reaping millions of dollars in ransom, according to Sophos 2019 Threat Report.

Sophos, report, malware, ransomware, cybercriminals, IoT, botnets, cyber attacks, fraud prevention

PwC Operate purchases AML tool

News | Digital Identity, Security & Online Fraud | 16 Oct 2018

PwC Operate has acquired KYC-Pro, a digital tool which protects against money-laundering and reduces regulatory burdens.

PwC Operate, KYC, AML, AI, financial dealings, cyber attacks, robotics

Cybercrime gang members charged by US authorities in payment card hacking spree

News | Digital Identity, Security & Online Fraud | 02 Aug 2018

Three Ukrainians have been arrested on criminal hacking charges, the US Justice Department said on August 1.

Cybercrime, cyber attacks, payments, credit card, data breaches, phishing, US, payment card numbers

UK banks to present backup plans for tech shutdowns

News | Digital Identity, Security & Online Fraud | 05 Jul 2018

British banks have three months to explain how they can avoid damaging IT breakdowns and respond to the growing threat of cyber-attacks, according to Reuters.

UK, banks, outages, cyber security, cyber attacks, recovery plan, online security, mobile banking, insurers, financial institutions, FCA, BoE