Remove Cyber Security Remove Fraud Remove Online Remove Software
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Two Cyber Security Investments With a Silver Lining

Banking 2020

Financial institutions have the opportunity to make security investments that also increase their ROI. Here are two such security investments: Keystroke Encryption Software. Keylogging spyware can be embedded in emails, videos and music files, software downloads and even legitimate websites.

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Android Malware Used To Hack Russian Customers Was Slated For Global Attacks

PYMNTS

According to reports in Reuters, the hackers had leveled up their malware software and were looking to go after French banks’ clients, among others. Targeted specifically were customers of state lender Sberbank, customers of Alfa Bank and customers of online payments company Qiwi.

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Hacker Tracker: Breach Hits Canadian Agency, Cyber Ransoms Surge

PYMNTS

The hack was reportedly made possible by a newly disclosed bug in the software. Bugs in software are inevitable; however, how organizations protect themselves from these bugs is within their control,” Douthwaite said. Cyber Ransoms (Still) On The Rise. Or, at least, this was the first known hack. It gets worse.

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Why GozNym Is Worse for Banks than the Average Malware

American Banker

A closer look at a strangely named piece of malicious software shows it makes crafty use of drive-by downloads and Web injections to fool users into complicity with online banking fraud.

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What Does Your Wearable Tech Tell a Cybercriminal?

FICO

Credit card fraud has been around for decades, although it has declined very significantly since FICO® Falcon® Fraud solutions were introduced in the early 1990s. More recently, online banking has presented a risk, as credentials stolen during data breaches or by malware have been used to siphon or liquidate money from accounts.

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Don’t Bite The Phish Hook

PYMNTS

Recent research by San Francisco-based cyber security company RiskIQ , aggregated in the company’s 2017 State of Enterprise Digital Defense Report , shows 68 percent of corporate decision-makers have little to no confidence in this area. How confident do you feel in your ability to handle and mitigate the situation? Finally, the tech.

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Ensuring a Complete Cyber Risk Platform Partnering with Third-Party Security Vendors

FICO

That is where online vendor risk assessment platforms can meet this demand by providing a single, and easily accessible, source of trust for both buyers and sellers. For buyers needing to assess vendors, online systems allow the flexibility to utilize industry standard security questionnaires, or even create their own customized versions.