PYMNTS

JUNE 26, 2017

With this cyber attack coming just one month after a ransomware infiltration into the country’s health service, the House of Commons is working with the National Cyber Security Centre to put together a new cyber security system.

Cyber Security 128

Cyber Security National Security Software 128

PYMNTS

JUNE 29, 2020

Using the slogan, “In Fraud We Trust,” the group directed traffic and potential purchasers to sites of its members, which served as online conduits to traffic in stolen identification, financial and banking information, malware and other illicit goods, according to the complaint. In April, a joint study by the U.S. and the United Kingdom.

Nevada 201

Nevada Cyber Security Study Security 201

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

National Security Data Software 123

PYMNTS

JANUARY 10, 2021

The hackers breached security at "a third-party file-sharing service," the central bank stated in a news release. Adrian Orr said in a prepared statement: "We are working closely with domestic and international cyber security experts and other relevant authorities as part of our investigation and response to this malicious attack.

Cyber Security 202

Cyber Security Security System Operations 202

FICO

JULY 31, 2019

Tools such as the ABC National Risk Score in the US, which provides a general rating of cyber risk for benchmarking, and the FICO® Cyber Risk Score, which provides company- specific metrics, may be leveraged in combination to provide a directionally correct view of relative risk.

Cyber Security 70

Cyber Security Management Security Risk Management 70

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. Action Fraud, the U.K.’s Similarly FedEx Corp., Hospitals in the U.K.

Cyber Security 101

Cyber Security National Security System 101

PYMNTS

MAY 9, 2016

government’s Cyber Governance Health Check, which offered up the Cyber Security Breaches survey. Also, a new National Cyber Security Center will be established to help support businesses. Roughly two-thirds of large businesses in the U.K. have been victims of that activity. billion ($2.7

Cyber Security 100

Cyber Security Survey Security National 100

PYMNTS

AUGUST 17, 2020

“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. Last month, a national survey found more than 80 percent of U.S.

Cyber Security 163

Cyber Security Taxes Survey New York 163

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. fraud detection and financial crime monitoring). Office of the Comptroller of the Currency (OCC).

Regulation 309

Regulation Industry Risk Management Analysis 309

PYMNTS

APRIL 17, 2018

When we see malicious cyber activity, whether it be from the Kremlin or other malicious nation-state actors, we are going to push back,” said Rob Joyce, the departing White House cybersecurity coordinator. and British officials warned that infected routers could be used to launch future offensive cyber operations.

US 116

US Cyber Security United States National 116

PYMNTS

JULY 28, 2019

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

Qudos Bank

DECEMBER 9, 2021

Unfortunately, scams and financial fraud are becoming more and more common each year. Common behaviours exhibited by people who have been victims of fraud to look out for include: They are suddenly short on money. Most cybercrimes can be reported through the Australian Cyber Security Centre’s Report Cyber service.

Cyber Security 40

Cyber Security Fraud Security Report 40

PYMNTS

DECEMBER 2, 2019

Just last week, India’s Minister of state for electronics and IT (MeitY) announced that the government is drafting a national framework to expand the deployment of blockchain use cases.

blockchain 132

blockchain System Cyber Security Technology 132

Tech and Finance

DECEMBER 30, 2018

Cyber security pros and risk analysts should be better than the average person at detecting fraud, but a little over three percent submitted their personal identification information to sign up for an app described as “Shazam for voice identification.”. million fraud complaints in the United States last year.

Fraud 31

Fraud Company Cyber Security United States 31

PYMNTS

SEPTEMBER 17, 2018

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. In Australia, news came that police have charged a quartet of alleged fraudsters with running a business email compromise (BEC) scam. ” The Larger Trends.

Idaho 153

Idaho Missouri Cyber Security Fraud 153

PYMNTS

JANUARY 9, 2020

The National Cyber Security Centre said it was providing technical support. A criminal investigation led by London’s Metropolitan Police is underway, and the Financial Conduct Authority (FCA) has been in contact with Travelex to ensure that affected customers were being treated fairly.

Cyber Security 131

Cyber Security Groups System Data 131

PYMNTS

JANUARY 7, 2020

s National Cyber Security Centre (NCSC) and regulators with the Financial Conduct Authority were already looking into the cyberattack, with the NCSC saying it would work closely with law enforcement. Discovered on New Year’s Eve, the cyberattack is now the focus of a criminal investigation, led by the Metropolitan Police.

Cyber Security 130

Cyber Security Online Retail National 130

PYMNTS

FEBRUARY 6, 2019

Security researchers including Paul Chichester, director for operations at Britain’s National Cyber Security Centre, said the hack of Visma underscores the damages companies are facing as hackers try to attack their supply chains and access proprietary data.

Software 123

Software Company Cyber Security Security 123

PYMNTS

MARCH 17, 2017

Cyber Ransoms (Still) On The Rise. The latest research from the National Crime Agency and National Cyber Security Centre found that the risk to businesses is “significant and growing,” due to the increasing instances of ransomware attacks.

Cyber Security 100

Cyber Security National Security Software 100

PYMNTS

MAY 23, 2017

. “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 2, 2016

government plans to work with industry partners, such as Bath-based Netcraft — an outfit that specializes in internet security services and counts clients that include Microsoft, BT, Cisco and Intel. universities” that will be tasked with increasing security for smartphones, tablets and laptops. million cases of cybercrime.

Cyber Security 100

Cyber Security social media Security Survey 100

PYMNTS

NOVEMBER 23, 2017

s National Cyber Security Centre to determine how large the breach was and how many people in the U.K. citizens were affected, then we should have been notified so that we could assess and verify the impact on people whose data was exposed.”. The ICO plans to work with the U.K.’s were impacted by it.

Regulation 100

Regulation Cyber Security Connecticut Illinois 100

PYMNTS

MAY 23, 2017

North Korea is the likely culprit behind the WannaCry cyber attack that managed to infect 300,000 computers worldwide. That comes care of cyber security firm Symantec, which confirms its researchers found multiple links between early versions of WannaCry and the code in previous outings by the North Korea-backed hacking group.

Cyber Security 108

Cyber Security Groups Security Bitcoin 108

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.

Cyber Security 40

Cyber Security Payments Security Regulation 40

SWBC's LenderHub

MARCH 25, 2020

In times of national emergency or market disruption, scammers capitalize on public fear to take advantage of vulnerable consumers. FinCEN and many other organizations have issued warnings and red flags to help financial institutions and their customers identify and stop potential scams, including:

National 79

National Capital Marketing Cyber Security 79

American Banker

AUGUST 11, 2016

Banks have gotten better at detecting digital banking fraud, but the process of closing and reopening accounts is still a mess — and that is what could send more customers packing.

Fraud 28

Fraud Online Digital Banking Cyber Security 28

American Banker

NOVEMBER 29, 2023

While ransomware group Alphv/Blackcat claims to have orchestrated the incident, title insurance company Fidelity National Financial has not yet stated whether confidential data was compromised.

National 28

National Groups Data Company 28

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

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. Biometrics are neither fool-proof nor fraud-proof.

Cyber Security 40

Cyber Security Comparison Policies Data 40

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

Cards ATM Security National 100

American Banker

NOVEMBER 17, 2016

Behavioral biometrics has already stopped several million dollars worth of online banking fraud at National Westminster Bank in London.

Fraud 28

Fraud National Online Cyber Security 28

Tomorrow's Transactions

NOVEMBER 7, 2014

The nice people at the Fraud Advisory Panel invited me along to their expert stakeholder roundtable on “Protecting Consumers and Reducing Opportunities for Cybercrime”. Cyber Innovation: for example, behavioural analytics; the rise of private cyber cash, new payment platforms, mobile banking, privacy and consent, economics of cyber security.

Analysis 58

Analysis Bitcoin Fraud Cyber Security 58

American Banker

OCTOBER 17, 2016

Bank is using geolocation to make sure customers' card transactions are approved when they are traveling. It is just one example of how more companies are asking customers to let them track their phones.

Fraud 28

Fraud Examples Cards Company 28

American Banker

MAY 5, 2016

Requirements that banks share anti-money-laundering information should extend to fraud and cyber risks, to connect the dots between bad actors and their transfer of money.

Fraud 28

Fraud Cyber Security Regional National 28

NCR

MAY 3, 2016

For those in the banking industry fighting on the front lines of the escalating cyber war, this isn’t news. But as attacks continue to become more targeted and sophisticated, IT teams are struggling against a range of agents, from common hackers to nation-states, to keep their networks and their vaults secure. The Turning Point.

Policies 40

Policies Security ATM System 40

PYMNTS

NOVEMBER 6, 2017

Since 2004, October has been observed as National Cyber Security Awareness Month by the Department of Homeland Security (DHS). Meanwhile, the recently released PYMNTS Global Fraud Index , produced in collaboration with Signifyd, found that instances of global fraud increased by 5.5

Exercises 119

Exercises Resources Industry Cyber Security 119

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 risks include hacks, criminal fraud and corporate espionage, and the list of potential crimes is growing, the FSB said.

Data 101

Data US Guidelines Cyber Security 101