Articles with tag like: cyberattacks

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Cybersecurity threats and digital transformation top of mind for bankers

News | Payments General | 29 Jan 2021

In the wake of the COVID-19 pandemic, cybersecurity threats and digital transformation remain top of mind for bankers, according to Computer Services’ sixth annual Banking Priorities Survey.

COVID-19, banking, cybersecurity, digitalisation, data, UX, regtech, cyberattacks, study, Computer Services

Fintechs from UK, Europe, Australia, Canada targeted through malware by Evilnum, report

News | Digital Identity, Security & Online Fraud | 13 Jul 2020

Evilnum, an advanced and persistent threat group, has been targeting UK-based fintechs and others throughout Europe since 2018, according to ESET, an online security company.

fintechs, UK, Europe, Australia, Canada, malware, Evilnum, ESET, online security company, cyberattacks, phishing emails, spear-phishing, COVID-19

Arkose Labs finds 20% increase in online fraud, change in consumer behaviour during COVID-19

News | Digital Identity, Security & Online Fraud | 29 Apr 2020

Arkose Labs has revealed data showing the impact of the COVID-19 crisis on online fraud. 

Arkose Labs, fraud, digital behaviour, COVID-19, corona virus, cyberattacks, attacks, online fraud, fraudsters, accounts, retail, travel

GlobeX Data to protect against coronavirus-related BEC scams

News | Digital Identity, Security & Online Fraud | 24 Apr 2020

Switzerland-based cybersecurity service provider GlobeX Data has announced that it is planning to launch a new service against BEC (Business Email Compromise) attacks. 

GlobeX Data, coronavirus, BEC, business email compromise, cybersecurity service provider, COVID-19, Switzerland, WFH, home internet security, cyberattacks, Association for Financial Professionals, payment fraud

Know your fraudster: Protect the good users, prevent the bad from operating

Voice of the Industry | Digital Identity, Security & Online Fraud | 19 Mar 2020

Pablo de la Riva, CEO at buguroo, discusses how focusing on fraudster identity can help banks uncover entire crime networks without impacting their regular customers

Pablo de la Riva, buguroo, fraud, identity, verification, machine learning, artificial intelligence, banks, cyberattacks, authentication, fraud prevention, behavioural biometrics, geolocation data, Fraudster Hunter, ID checks, digital bank

Bots targeting mobile app registrations fuel holiday shopping cyberattacks

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

In 2019 bots evolved to target new account creations, with the Black Friday week continuing this global trend, according to an analysis released by LexisNexis Risk Solutions.

LexisNexis Risk Solutions, Black Friday, research, cybersecurity, cyberattacks, mobile accounts, ecommerce, fraudsters, transactions

Quantum risks to cybersecurity

Voice of the Industry | Digital Identity, Security & Online Fraud | 17 Dec 2019

Large-scale quantum computers will significantly expand computing power, creating new opportunities for improving cybersecurity.

cybersecurity, quantum computing, risk management, fraud prevention, behaviour, quantum cybersecurity, cyberattacks

Kount to catch criminal and friendly fraud via new service

News | Digital Identity, Security & Online Fraud | 25 Nov 2019

Kount has announced it is launching the industry's first comprehensive service that protects digital companies against both criminal and friendly fraud.

Kount, criminal activities, friendly fraud, cyberattacks, chargebacks, Visa, merchants, hackers, consumer abuse, transactions , fraud

NEC Corporation, INTERPOL work together to strengthen cybersecurity

News | Digital Identity, Security & Online Fraud | 25 Nov 2019

NEC Corporation has revealed the conclusion of a global cybersecurity agreement with the International Criminal Police Organization (INTERPOL).

NEC Corporation, Interpol, cybersecurity, partnership, cyberattacks, cybercrime, fraud detection, identification

Ransomware, abusing machine learning among top cyberattacks

News | Digital Identity, Security & Online Fraud | 06 Nov 2019

Ransomware, increasing stealth in malicious Android apps, exploiting misconfiguration in the cloud, and abusing machine learning have been reported by SophosLabs as top cyberattacks.

ransomware, malicious Android apps, cloud, machine learning, cyberattacks, fraud prevention, cybersec, SophosLabs

KnowBe4 introduces two initiatives to strengthen organisational security culture

News | Digital Identity, Security & Online Fraud | 30 Oct 2019

KnowBe4, a provider of security awareness training and simulated phishing platform, has introduced two new assessment capabilities.

KnowBe4, security, training, social engineering, phishing, phishing platform, cyberattacks

Cybersec company Sophos bought by Thoma Bravo for USD 3.8 billion

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

Sophos, a UK-based cybersecurity company, is being bought by US private equity company, Thoma Bravo, for USD 3.8 billion.

Sophos, Thoma Bravo, acquisition, cybersecurity, fraud prevention, ransomware, cyberattacks, UK, US

Mastercard reveals Threat Scan to identify bank fraud vulnerabilities

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

Mastercard has unveiled a new global service dubbed Threat Scan, which helps banks proactively identify potential vulnerabilities in their authorisation systems.

MasterCard, launch, Threat Scan, bank fraud, criminal transactions, authorization, security, fraud prevention, fraudulent attacks, cyberattacks, financial services

Indian ATM machines targeted by North Korean malware to steal data

News | Digital Identity, Security & Online Fraud | 30 Sep 2019

North Korean hackers have been observed using a new malware strain that can be planted on ATM systems and used to record and steal data from payment cards inserted into a machine.

ATM machines, malware, data, Lazarus Group, cyber-espionage, North Korea, India, cyberattacks, ATMDtrack, fraud prevention

Dunkin Donuts sued by New York over cyberattacks

News | Digital Identity, Security & Online Fraud | 27 Sep 2019

New York Attorney General has accused Dunkin’ Donuts of failing to protect hundreds of thousands of customers whose accounts were targeted in a series of ‘brute force’ cyberattacks.

Dunkin Donuts, cyberattacks, fraud prevention, payments security, data breach, password reset, attacks, US

South African banks response following news of North Korean cyberattacks

News | Digital Identity, Security & Online Fraud | 23 Aug 2019

The Payments Association of South Africa and the South African Banking Risk Information Centre have stated that no security breaches in local SWIFT systems have been reported.

SWIFT, security breaches, banks, hacking, cyberattacks, North Korea, South Africa, online security

WISeID, TransHuman Code partner for digital ID, personal data, and rights protection

News | Digital Identity, Security & Online Fraud | 14 Aug 2019

WISeKey International Holding has revealed new features of the latest version of its WISeID app, which are now available to TransHuman Code’s buyers.

WISeKey, WISeID app, partnership, TransHuman Code, digital identity, personal data, rights, QR code, cyberattacks, US, legislation, authentication, passwords, digital signature

Australia hit by bank fraud and financial scams

News | Digital Identity, Security & Online Fraud | 01 Jul 2019

International analysis by KPMG has shown that Australia is being hit particularly hard by bank frauds and wider financial scams.

Australia, bank fraud, financial scams, KPMG, banks, security, cyberattacks, account takeover, identity theft, CNP, risk management, scams, fraudulent activity, Open Banking

FPG announced as Gemalto Platinum Partner

News | Digital Identity, Security & Online Fraud | 12 Apr 2019

Nigeria’s IT Consulting, IT Security, Cloud, Mobile and Infrastructure solutions company FPG Technologies and Solutions has been announced as Gemalto Platinum Partner.

FPG Limited, Gemalto, partnership, Nigeria, authentication, encryption, crypto management, threats, cyberattacks, identity theft, unencrypted data, governments, data breaches

Global Cyber Alliance, Mastercard launch Cybersecurity Toolkit for small businesses protection

News | Digital Identity, Security & Online Fraud | 20 Feb 2019

The Global Cyber Alliance (GCA) and Mastercard have released a Cybersecurity Toolkit, specially designed for small and medium businesses.

Global Cyber Alliance, MasterCard, partnership, cybersecurity, security, protection, fraud, cyberattacks, small businesses, phishing, malware, ransomware, authentication