Remove 2018 Remove Cards Remove Cyber Security Remove Fraud
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UK's National Cyber Security Centre fights payment card fraud

The Paypers

(Telecompaper) The National Cyber Security Centre (NCSC) , Britain's cyber-defence centre has prevented more than one million cases of suspected payment card fraud in 2018, its annual review reveals.

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2015 Marriott Breach: Prelude To 2018 Cyberattack?

PYMNTS

According to a report in the Wall Street Journal citing cyber security specialists, the breach in which the personal information of as many as 500 million customers was exposed began in 2014, going undetected until September of 2018. It said it learned of it on Sept.

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Cybersecurity Predictions 2018: Cyber Scores and Stolen Eyes

FICO

Taking both ends of the spectrum into account, my cybersecurity predictions for 2018 involve cyber scores, 2FA and bio hacks. Your Company’s Cyber Score Will Be as Important as Its Credit Rating. In 2018, I predict that the awareness and usage of enterprise cyber scores will skyrocket. Sure, it’s difficult.

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BEC Run Out Of Detention Center Nets Millions

PYMNTS

Mobile means one can do just about anything by using their device: order food, bank online, read the news … even commit payments fraud, sometimes from the unlikeliest of places. This comes against a backdrop where, from December 2016 to May 2018, the losses tied to such scams have grown by 136 percent. ” The Larger Trends.

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BEC Scams Nearly Double Over Three Years

PYMNTS

Business E-mail Compromise (BEC) fraud has been gaining ground and growing in terms of number of incidences, according to a recent report. As noted by the Financial Crime Enforcement Network (FinCEN), the number of reports of BEC rose to a monthly average of more than 1,100 in 2018, where the tally had been 500 in 2016. billion.

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Modern Bank Robbery: Addressing Cyber Fraud in Retail Financial Services

Cisco

After decades of battling credit card fraud, retail banks face a new challenge: fraudulent account takeover. The rise in high-impact fraud. The Javelin 2019 Identity Fraud Report notes that, “While existing card fraud losses dropped from $8.1 New account fraud is on the rise, with cost estimates up to $3.4

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Modern Bank Robbery: Addressing Cyber Fraud in Retail Financial Services

Cisco

After decades of battling credit card fraud, retail banks face a new challenge: fraudulent account takeover. The rise in high-impact fraud. The Javelin 2019 Identity Fraud Report notes that, “While existing card fraud losses dropped from $8.1 New account fraud is on the rise, with cost estimates up to $3.4

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