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cyber attack, Cyber Security, Cybersecurity, Daily news, Fraud & Security, ransomware, ransomware gangs, Risk & Compliance, Travelex attack -

The cyber attack on foreign exchange provider Travelex demonstrates the growing threat of ransomware and is a warning that financial services firms need to step up their security, according to... more

The post Firms warned over rise of ‘ransomware gangs’ after Travelex attack appeared first on Payments Cards & Mobile.

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cyber attack, Cyber Hack, Cyber Security, Daily news, DDoS, Fraud & Security, ransomware, RAT, Risk & Compliance -

Cyber attack — the words alone can be enough to incite panic. Between a lack of understanding and media sensationalism, any mention of cyber attacks brings to mind catastrophic levels... more

The post A review of the biggest cyber attacks in history… appeared first on Payments Cards & Mobile.

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cyber attack, Cyber Security, Daily News, FCA, Fraud & Security, Issuing & Acquiring, Regulation, Risk & Compliance, Tesco Bank -

The UK’s financial regulator (FCA) has issued Tesco bank with a £16.4 million penalty over an online cyber incident that occurred two years ago, the first fine the FCA has... more

The post FCA bares teeth – Tesco Bank fined £16.4m over “avoidable” cyber attack appeared first on Payments Cards & Mobile.

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botnet malware, Cryptocurrency, cyber attack, cyber crime, cyber incidents, Cyber Security, cyber services market, cyber threats, Cybercrime, Daily News, dark web, Fraud & Security, hacker attacks, hacking utilities, Identity, Issuing & Acquiring, Positive Technologies, ransomware Trojans, RATs, Risk & Compliance -

The news today is full of stories about financial damage caused by the dark web, cyber crime and hacker attacks against organisations, or about hundreds of thousands of user accounts... more

The post Dark web: The criminal cyber services market appeared first on Payments Cards & Mobile.

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cyber attack, Cyber Security, Daily News, Issuing & Acquiring, Regulation, Risk & Compliance -

Tough rules laid down by New York’s state regulator will see senior executives at some of the world’s biggest banks and insurers vouch for their companies’ resilience to cyber attacks. A new regulation, which takes effect on March 1, requires companies supervised by New York’s Department of Financial Services to establish and maintain a cyber [...]

The post Regulators enforce new rules – bank executives to vouch for cyber attack defences appeared first on Payments Cards & Mobile.

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