Security

Financial institutions and the problem with security, fraud and identity sprawl 

26 September 2023

With the accumulation of security, fraud, and identity solutions, financial institutions find themselves entangled in a complex array of tools. Phil Allen, VP, EMEA, at Transmit Security, explains how this intricacy obstructs threat response, leads to...

Escalating e-commerce fraud: The crisis merchants face globally 

10 July 2023

In the last twelve months, merchants have seen a huge leap in online payment fraud (up 59%), account takeover (up 51%), promotion abuse (up 52%), refund abuse (up 53%) and customer fraud / friendly fraud (up 40%).  Merchants are now throwing more and...

DCI and DataVisor team up to help banks fight fraud

16 May 2023

Financial fraud has increased substantially as the trend towards mobile banking and digitisation accelerates. In 2022 alone, the US Federal Trade Commission received over 1.1 million reports of identity theft and over 440,000 reports of credit card fraud....

Beosin and HashKey Group advance virtual asset security practices within ecosystem

15 May 2023

Beosin, a blockchain security company, and HashKey Group, a virtual asset financial services organisation, have entered a strategic partnership. Both firms will cooperate closely in various areas of virtual assets including ecosystem security, anti-money...

NTT Data Payment Services partners with Facctum for anti-financial crime technology 

15 May 2023

Facctum has announced that FacctView – a new screening platform – has been chosen by NTT Data Payment Services to expand its anti-financial crime defences. This new technology will support NTT Data Payments Services’ e-commerce...

The three Cs of cybersecurity

5 May 2023

Strong cybersecurity is the backbone of every organisation. Check Point Software agrees, outlining the three C’s methodology below and why should they be central to an organisation’s strategy moving forward. Cybercriminals are constantly finding...

96% of CISOs struggle to get the support required to be resilient against cyberattacks

3 May 2023

Trellix has released its latest report, The Mind of the CISO. The research is the result of a survey of global Chief Information Security Officers (CISOs) across every major industry and reveals how they work amidst a tumultuous threat landscape, which...

UK Government launches new cybersecurity measures to tackle threats

3 May 2023

New cybersecurity measures will increase the UK’s cyber-resilience and protect the UK Government’s essential IT functions from ever-growing threats. Under the new rules, all central government departments will have their cyber-health reviewed...

90% of IT professionals have experienced a cybersecurity breach

24 April 2023

Skyhigh Security has released The Data Dilemma: Cloud Adoption and Risk Report, focusing on the prevailing problem of how to protect data that is used, shared and stored in today’s hybrid and cloud-first enterprise environments. The report...

Online merchants hit by double whammy of fraud as cost-of-living bites

17 April 2023

Online businesses are being hit by a damaging double-whammy of fraud as the cost-of-living crisis bites.  A survey of chief financial officers (CFOs) at online merchants across 10 countries, commissioned by Ravelin, has found that fraud is on the...