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...

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, 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...

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...

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...

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...

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...

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 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...

Derek Manky, Chief Security Strategist & VP Global Threat Intelligence, Fortinet, talks to us about the company’s predictions for technology in 2023 and how businesses can stop cyberattacks before they even start.   As we review our...

The security landscape is constantly evolving, with organisations forever adopting new technologies and altering strategies for prime optimisation. Here, Gustavo Gassman, Vice President & Head of Emerging Markets, HID, offers his thoughts about...

Which? research has found that basic security flaws on some of the biggest banks’ websites and apps are putting consumers at increased risk of falling victim to fraud.  The research comes after 29,102 cases of remote banking fraud were reported...