PYMNTS

JUNE 29, 2020

Launched in the Ukraine a decade ago, the internet-based cybercriminal enterprise stole identities, compromised debit and credit cards and personal, financial and banking information and spread computer malware, the Justice Department’s Criminal Division said in a statement. In April, a joint study by the U.S. and the United Kingdom.

Nevada 201

Nevada Cyber Security Study Security 201

FICO

JULY 31, 2019

The first step is determining whether additional information is needed to assess cyber risk. Based on the combination of criticality and risk, managers of third-party risk should establish a cadence for reviewing critical information.

Cyber Security 70

Cyber Security Management Security Risk Management 70

PYMNTS

OCTOBER 13, 2020

The group said that ransomware incidents against banks, medical centers, educational institutions and other “critical infrastructure” in G7 nations has been increasing in scope, complexity and commonness. 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

Cisco

JUNE 7, 2022

This dubious distinction and related implications of a breach have ensured financial services’ high level of cyber security proficiency, protection, and alignment with standards such as the International Standards Organization (ISO) 27k series on IT risk and the US National Institute of Standards and Technology (NIST) Cyber Security Framework.

Risk Management 118

Risk Management Management Cyber Security Handbook 118

PYMNTS

APRIL 8, 2020

Microsoft executive Rob Lefferts said in a blog post that hackers had been having a good time of it, too, with more successful attempts at doing their illicit deeds since the virus fundamentally changed western life.

Cyber Security 173

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PYMNTS

DECEMBER 2, 2019

The Central Bank of Sri Lanka (CBSL) together with experts in Sri Lanka’s Financial and Information Technology (IT) industries, is assessing the possibility of applying Blockchain Technology to streamline Know-Your-Customer (KYC) processes at financial institutions.

blockchain 132

blockchain System Cyber Security Technology 132

PYMNTS

JANUARY 2, 2020

RuPay is a payment network offered by National Payments Corp. In November , 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. The new regulation went into effect on Jan. The fine for non-compliance is going to be ?5,000

Cards 130

Cards blockchain Retail Cyber Security 130

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

JANUARY 7, 2020

The gang demanded $6 million in ransom in exchange for not releasing sensitive information regarding Travelex customers, including birth dates and credit card numbers. Sodinokibi contacted the BBC on Tuesday (Jan. 7), claiming responsibility for the attack that caused Travelex to shut down last week.

Cyber Security 130

Cyber Security Online Retail National 130

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. This involves the use of AI to inform credit decisions to enhance or supplement existing techniques.

Regulation 309

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PYMNTS

FEBRUARY 6, 2019

“If you are a big intelligence agency somewhere in the world and you want to harvest as much information as possible, you of course go for the convergence points, it’s a given fact.”.

Software 123

Software Company Cyber Security Security 123

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. Department of Homeland Security. Stronger passwords. Paying closer attention to suspicious emails. ” The U.S.

Data 202

Data Los Angeles Survey Cyber Security 202

PYMNTS

JANUARY 29, 2018

“These figures show many organizations still need to act to make sure the personal data they hold is secure and they are prepared for our Data Protection Bill,” he said, adding that the National Cyber Security Centre provides free guidance to companies to help them become GDPR compliant, according to reports in ZDNet.

Cyber Security 112

Cyber Security Survey Regulation Security 112

PYMNTS

MARCH 17, 2017

This includes selling off information that is acquired or publicly revealing information that can cause damage to a brand or person.”. The benefit of more robust commercial solutions is that they can correlate information in order to spot patterns and identify threats before they occur,” Douthwaite explained.

Cyber Security 100

Cyber Security National Security Software 100

PYMNTS

NOVEMBER 23, 2017

Britain’s Information Commissioner’s Office (ICO), a government agency created to ensure companies are protecting the privacy of their consumers, said the ICO has launched an inquiry into the breach and subsequent actions taken by Uber. Meanwhile, in the U.K., The ICO plans to work with the U.K.’s were impacted by it.

Regulation 100

Regulation Cyber Security Connecticut Illinois 100

Qudos Bank

DECEMBER 9, 2021

Most cybercrimes can be reported through the Australian Cyber Security Centre’s Report Cyber service. Recover their identity - If you’re concerned that your family member or friend has been a victim of identity theft, report the incident to the authorities, for example, the police or Australian Cyber Security Centre (ACSC).

Cyber Security 40

Cyber Security Fraud Security Report 40

PYMNTS

MAY 23, 2017

A BNP Paribas spokeswoman was unable to confirm or deny this information, but added that the bank “has a significant set of measures in place aimed at fighting cyber attacks on a daily basis.” Targeted specifically were customers of state lender Sberbank, customers of Alfa Bank and customers of online payments company Qiwi.

Cyber Security 101

Cyber Security Security Mobile Software 101

PYMNTS

NOVEMBER 3, 2017

The Department of Homeland Security observes October as National Cyber Security Awareness Month. For all the latest notable recent Faster Payments headlines, check out the latest Tracker. Training IT professional for real-time, real-life cybersecurity threats.

Trends 125

Trends Apple Cyber Security Analysis 125

PYMNTS

FEBRUARY 24, 2020

Understanding the Chinese privacy landscape and its impact on financial operations is critical for FIs and merchants looking to enter the market for two reasons: They will most likely be unable to do so without this knowledge, and they need to be certain they can share the required information with the Chinese government upon setup.

Regulation 160

Regulation Policies Data Compliance 160

PYMNTS

SEPTEMBER 17, 2018

In terms of data illuminating larger trends, the National Cyber Security Alliance found that roughly 50 percent of smaller firms have been victim of a cyberattack. As many as 70 percent of attacks set their sights on small businesses, said the data.

Idaho 153

Idaho Missouri Cyber Security Fraud 153

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

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

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

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. Get a Reality Check, Continuously.

Cyber Security 40

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Banking 2020

MAY 14, 2015

According to the 2015 Society for Information Management (SIM) IT Trends Study, which surveyed more than 1,000 senior IT leaders and CIOs, 63 percent of IT leaders say their IT budget is increasing. 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

Tomorrow's Transactions

NOVEMBER 7, 2014

Cyber Innovation: for example, behavioural analytics; the rise of private cyber cash, new payment platforms, mobile banking, privacy and consent, economics of cyber security. Threats to national economic security from cyber crime and attack, and to the City of London from new financial capitals such as Shanghai and Dubai.

Analysis 58

Analysis Bitcoin Fraud Cyber Security 58

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

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

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

FICO

JULY 28, 2020

This is why the cyber insurance market is forecast to grow to $20bn or more by 2025 , as organizations seek ways to minimize risk. However, with a lack of reliable information available to feed into the underwriting process, how can insurance companies find an accurate way to assess the policy buyer’s risk profile?

Marketing 69

Marketing Cyber Security Policies Comparison 69

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. Information Management Award. Click to enlarge. ‘It It Must Be Something in the Water’ Award.

Community Bank 60

Community Bank Apple Community Technology 60

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. As the NIST Small Business Cybersecurity Act of 2017 was debated by the U.S. ”

Data 101

Data US Guidelines Cyber Security 101

FICO

OCTOBER 10, 2016

My contribution was: “The biggest single security threat is cyber - more specifically, for business and political entities it is probably nation state espionage and APT (advanced persistent threat) actors.” The brief was to sum this risk up in just one sentence. But when I made my predicton, this crime had already happened.

Cyber Security 40

Cyber Security Security National Data 40

PYMNTS

AUGUST 6, 2018

Singapore’s Cabinet Minister for Communications and Information S. Those groups who conduct carefully planned cyberattacks to steal information or disrupt operations are usually state-linked, the minister said. The personal information of 1.5 Iswaran said on Monday (Aug. 6) that the cyberattack that infiltrated 1.5

Cyber Security 100

Cyber Security United States Groups National 100

PYMNTS

NOVEMBER 11, 2016

Many are hoping Trump will do a better job safeguarding our nation from cybersecurity threats than his own hotel chain has fared over the years. The chain fell victim to a widespread malware attack that stole customer payment information for more than a year, from May 2014 to June 2015. Hackers Lift $3M From Tesco Bank.

Las Vegas 173

Las Vegas Fraud Honolulu Cards 173

FICO

JANUARY 5, 2023

The CFPB has collected information from five of the top BNPL companies and issued a comprehensive industry report. The SEC rules will require a new cyber security preparedness level that many organizations may not be meeting today. Entering 2023, the United States continues to be without a comprehensive national privacy law.

Policies 52

Policies Company Regulation Risk Management 52