PYMNTS

SEPTEMBER 22, 2017

The National Bank of Canada, the sixth largest lender in Canada, has become the latest high-profile firm to announce a data breach. According to a report in Reuters , the National Bank of Canada said Thursday (Sept. The revelation on the part of National Bank of Canada comes as consumers in the U.S.

National 123

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PYMNTS

APRIL 8, 2020

a wave of new cyberattacks appears to be taking advantage of the situation in both countries, according to a Reuters report. The Wall Street Journal reported that mentions of the coronavirus in emails with malware or other hacking software has jumped recently. As the coronavirus pandemic continues to roil the U.S. and the U.K.,

Cyber Security 173

Cyber Security US Fraud Security 173

PYMNTS

OCTOBER 13, 2020

DeFi, which is also known as “decentralized finance,” has been included in an increasing wave of business promotions in 2020, Bloomberg reported. And, in recent months, the group noted that banks have reported higher complexity in malicious cyber-enabled incidents.

Bitcoin 196

Bitcoin Cyber Security Groups Community 196

PYMNTS

AUGUST 17, 2020

CNN reported Canadian officials detected as many as 300,000 attempted attacks to access accounts. The credentials used in the attack came from previous, non-government of Canada data breaches,” said Scott Jones, head of Canada’s Centre for Cyber Security, the agency that leads the government’s response to cybersecurity attacks.

Cyber Security 163

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PYMNTS

NOVEMBER 8, 2016

As has been widely reported, the thefts from the bank — stretching across roughly 20,000 accounts — remain shrouded in mystery as to just how they occurred. Separately, the newswire reported that the U.K.’s s National Crime Agency is in the midst of a criminal investigation into the thefts. Across the U.K.,

Cyber Security 173

Cyber Security National Online Security 173

PYMNTS

MAY 9, 2016

As reported by BBC , the attacks have ranged across a gamut of activity, from spyware to viruses to malware, according to the U.K. government’s Cyber Governance Health Check, which offered up the Cyber Security Breaches survey. As has been reported, the British government is investing as much as £1.9 billion ($2.7

Cyber Security 100

Cyber Security Survey Security National 100

PYMNTS

FEBRUARY 6, 2019

Reuters , citing cybersecurity researchers, reported that the attack was part of a global hacking campaign initiated by the Ministry of State Security in China aimed at stealing intellectual property and corporate secrets. But if I put on my paranoia hat, this could have been catastrophic,” he said in the report. “If

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PYMNTS

NOVEMBER 8, 2016

As has been widely reported, the thefts from the bank — stretching across roughly 20,000 accounts — remain shrouded in mystery as to just how they occurred. Separately, the newswire reported that the U.K.’s s National Crime Agency is in the midst of a criminal investigation into the thefts. Across the U.K.,

Cyber Security 133

Cyber Security National Online Security 133

PYMNTS

JANUARY 9, 2020

Lenders including Barclays, HSBC, Royal Bank of Scotland and Virgin Money had to stop foreign currency services after exchange provider Travelex was hit by a ransomware gang, according to reports on Thursday (Jan. The National Cyber Security Centre said it was providing technical support.

Cyber Security 131

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PYMNTS

JULY 28, 2019

The district staff reported this electronic viral attack to local law enforcement, state officials and the FBI. The emergency declaration allows the state to access resources from the state’s national guard, technology office, state police and other organizations, according to a statement from the governor’s office.

Louisiana 162

Louisiana Cyber Security Ohio Atlanta 162

PYMNTS

JANUARY 2, 2020

50 crores (about $7 million) will have to offer customers electronic payment modes like debit cards, powered by RuPay, according to a report by LiveMint. . RuPay is a payment network offered by National Payments Corp. The new regulation went into effect on Jan.

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PYMNTS

MAY 15, 2017

As has been widely reported, a massive attack hit everything from the United Kingdom’s National Health Service, European automakers and Chinese firms and any number of companies across other verticals, winnowing its way through disparate countries into Saturday. According to a report in Bloomberg , 16 NHS hospitals in the U.K.

Cyber Security 101

Cyber Security National Security System 101

PYMNTS

JANUARY 7, 2020

The alleged perpetrators of a cyberattack on Travelex , the “world’s largest retail currency dealer,” was Sodinokibi, a cyber gang demanding ransom, according to reports. Those banks “have been unable to process customers’ requests,” reports said. Sodinokibi contacted the BBC on Tuesday (Jan.

Cyber Security 130

Cyber Security Online Retail National 130

PYMNTS

SEPTEMBER 21, 2019

It’s National Cyber Security Awareness Month, and industry leaders are zeroing in on some of the most vulnerable targets of cyber scams: small businesses. Even more troubling, however, is the cloud security company’s finding that most SMBs estimate the cost of a data breach to be just $10,000. . $3

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PYMNTS

JANUARY 29, 2018

A new report released in the U.K. For the businesses that are aware, a bit more than a quarter said they’ve made changes to their operations in order to comply with the new rules aimed at data privacy and security. finds companies are unprepared for the upcoming General Data Protection Regulation (GDPR).

Cyber Security 112

Cyber Security Survey Regulation Security 112

PYMNTS

NOVEMBER 2, 2016

According to a report , research suggests the U.K. Chancellor of the Exchequer Philip Hammond said, according to the report, that the country is “an acknowledged global leader in cybersecurity.” ” The way to do that, noted the report, is to increase spending to fight cyberattacks. million cases of cybercrime.

Cyber Security 100

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PYMNTS

APRIL 11, 2018

After @bitcoin was suspended from Twitter on Sunday (April 8), the account is back with digs at bitcoin, Bloomberg reported. And it seems that bitcoin will continue to face bearish pressure in the second quarter of 2018, according to a new report from Cboe , The Merkle reported. And it may not be going away: The U.K.’s

Bitcoin 102

Bitcoin Cyber Security cryptocurrency Report 102

PYMNTS

MARCH 17, 2017

Various security firms believe more of these are occurring because the exploit in Apache Strut 2 is easy to tap into and publicly known, since word of it started showing up security and hacking websites last week. Cyber Ransoms (Still) On The Rise. The hack was reportedly made possible by a newly disclosed bug in the software.

Cyber Security 100

Cyber Security National Security Software 100

PYMNTS

AUGUST 30, 2016

The small nation is making a big push in support of FinTech innovation by reforming its payment laws. “It would also give MAS the flexibility to address emerging risks such as cyber security, interoperability, technology, and money laundering and terrorism financing. . Singapore is preparing for a FinTech revolution.

Fintech 101

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Qudos Bank

DECEMBER 9, 2021

In fact, during 2020, 216,084 scams were reported to Scamwatch - an increase from 167,000 in 2019 1. These scams cost Australians over $175 million, although as research estimates that only 13% of scams are reported, the true cost could be far higher 1. Report the scam to the relevant authority right away. 1 [link]. . .

Cyber Security 40

Cyber Security Fraud Security Report 40

PYMNTS

MAY 23, 2017

According to reports in Reuters, the hackers had leveled up their malware software and were looking to go after French banks’ clients, among others. “It’s becoming popular among developing nations or in the countryside where access to conventional banking is difficult for people,” he said.

Cyber Security 101

Cyber Security Security Mobile Software 101

PYMNTS

NOVEMBER 23, 2017

According to a report in Fortune published Wednesday (Nov. As reported by CNBC, ICO deputy commissioner James Dipple-Johnstone said the data breach and the company’s responses raise “huge concerns around its data protection policies and ethics. 22), regulators in the U.K., Meanwhile, in the U.K., were impacted by it.

Regulation 100

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PYMNTS

OCTOBER 20, 2016

million debit cards in India will either have their security codes changed or their cards swapped out wholesale due to concerns that the data may have been breached in one of the nation’s biggest security incidents ever. As many as 3.25 million cards, the majority are on the Visa or Mastercard platform — 2.65

Cards 100

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Perficient

APRIL 2, 2021

The five federal agencies are: the Consumer Financial Protection Bureau (CFPB), the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve Board (Fed), the National Credit Union Administration (NCUA) and the. Office of the Comptroller of the Currency (OCC). Cybersecurity.

Regulation 309

Regulation Industry Risk Management Analysis 309

Banking 2020

NOVEMBER 8, 2015

In Europe, this is being enshrined into national law as part of the PSD2 regulation, which comes into force in 2016. This change is aimed at promoting innovation and low cost electronic payment solutions while ensuring that security and data protection are not compromised,” said the European Payments Council. ” Progress?

Cyber Security 40

Cyber Security Payments Security Regulation 40

FICO

DECEMBER 21, 2018

Thus, a couple of weeks from now we’ll ring in 2019, the Year of Cyber Insecurity: 52 weeks in which companies of all sizes and industries will experience a new level of fear – and in some cases panic – in realizing their vulnerability to data breaches, hacking and other cybercrimes. That's the best way to deal with cyber insecurity.

Cyber Security 40

Cyber Security Comparison Policies Data 40

American Banker

NOVEMBER 9, 2020

While national banks have remained strong during the pandemic, they are still navigating risks from a murky credit environment and other potential warnings signs, according to a report by the Office of the Comptroller of the Currency.

National 44

National Report Cyber Security Security 44

PYMNTS

NOVEMBER 4, 2016

cyber-security and its preparedness for a major attack. The service is pushing into China, as reported earlier this week and Chinese Prime customers will be able to gain free shipping on orders above a certain amount, cross-border. But the 3Q numbers just reported offer up some hope. Want to get the rest of the scoop.

Cleveland 100

Cleveland National Cyber Security System 100

PYMNTS

JULY 15, 2016

Brad Fauss, CEO of the National Branded Pre-Paid Card Association and MPD CEO Karen Webster dug into the potential for these rules to create the kind of inconsistencies that could very well disadvantage the very consumers that the CFPB intended to protect. And for some consumers, especially millennials, that’s just not their choice.”

Cards 100

Cards Millennials Regulation Cyber Security 100

Banking 2020

MAY 14, 2015

According to a recent report by McKinsey, banks that relentlessly standardize their IT infrastructure and application architecture spend an average of 41 percent less on day-to-day IT operations. The risks that come with not having an application strategy could also spell trouble as cyber security concerns rise.

Cyber Security 40

Cyber Security Software Study Industry 40

American Banker

DECEMBER 12, 2016

The payments messaging network Swift has told its client banks that the threat of cyberattacks "is very persistent, adaptive and sophisticated — and it is here to stay.".

Report 28

Report Payments Cyber Security Regional 28

PYMNTS

MAY 8, 2017

House Committee passed proposed legislation last week that would require the National Institute of Standards and Technology (NIST) to create cybersecurity guidelines developed specifically for SMEs. The firm released its 2016 Financial Institutions Security Risks report last week, which found that even for non-U.S.

Data 101

Data US Guidelines Cyber Security 101

FICO

JULY 28, 2020

A 2019 Allianz survey of risk management experts across 86 countries ranked cyber incidents as the biggest single point of risk for an organization, thus highlighting the need for an effective insurance policy to transfer risk from potentially damaging effects of a cyber-attack. by Doug Clare.

Marketing 69

Marketing Cyber Security Policies Comparison 69

PYMNTS

NOVEMBER 6, 2017

Since 2004, October has been observed as National Cyber Security Awareness Month by the Department of Homeland Security (DHS). In September, the consumer credit agency Equifax reported that the personal information of roughly 143 million Americans was compromised in a data breach of epic proportions.

Exercises 119

Exercises Resources Industry Cyber Security 119

Gonzobanker

DECEMBER 22, 2015

We don’t know what Los Alamos National Bank’s marketing department was drinking when it designed the customized water bottle labels, but we’re giving them big points for creativity. FFIEC’s Cyber Security Self-Assessment Tool. I love my core vendor because they have a fabulous SSAE 16 report,” said no CEO ever.

Community Bank 60

Community Bank Apple Community Technology 60

FICO

OCTOBER 10, 2016

This is the antithesis of the future seen in the Spielberg movie Minority Report , where seers expose “PreCrimes.” In today’s security world, we’re less likely to find something about to happen, or even something happening now, and more likely to find something that happened long ago. Here’s what I’m talking about. Why is that?

Cyber Security 40

Cyber Security Security National Data 40

Fintech Labs Insights

OCTOBER 3, 2016

Featured in FT Partners research report on digital wealth management. Listed in Silicon Review as one of the 20 fastest growing security companies. Quoted in eWeek on the problem of app security. Announced its Cyber Security scholarship program. Announced its Cyber Security scholarship program.

San Francisco 18

San Francisco Taxes Lending Colorado 18