Articles with tag like: security breaches

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EBA aims to revise Guidelines on major incident reporting under PSD2

News | Ecommerce | 15 Oct 2020

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

Despite cybersecurity investments, breaches increased in 2019

News | Digital Identity, Security & Online Fraud | 10 Jan 2020

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

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