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The European Banking Authority (EBA) has launched a public consultation that proposes revising the Guidelines on major incident reporting under the Payment Service Directive (PSD2).
European Banking Authority, EBA, PSD2, PSP, reporting, security breaches, payments , reporting, fraud prevention, Europe, merchants
A ServiceNow study has found that despite a 24% average increase in annual spending on prevention, detection and remediation in 2019 compared with 2018, breaches increased in 2019.
security breaches, cybersecurity, ServiceNow, study, fraud prevention
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