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Fraud Report: Massive increase in Brand Abuse cyber attacks
Global e-commerce spending grew 28% annually to $4.2 trillion in 2020, paving the way for more fraudulent behaviour and more sophistication in attack types like Brand Abuse. Backing this insight... read more
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European Fraud Map – UK winning card fraud loss battle
2020 was an incredibly challenging year across the globe, with a rapidly changing mix of customer demands, a volatile staffing and servicing model, and a need to drive transformation quicker... read more
The post European Fraud Map – UK winning card fraud loss battle appeared first on Payments Cards & Mobile.
Ransomware and hacking now bigger threat to UK businesses than hostile states
Cyber criminals carrying out ransomware attacks are now a bigger risk to UK national security and businesses than online espionage by hostile states, Britain’s cyber defence chief has warned. Lindy... read more
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Cyber security needs a new approach
For some time, PCM has championed the need for companies to completely rethink their approach to cyber security. New approaches to cyber security are vital to combat everything from money laundering... read more
The post Cyber security needs a new approach appeared first on Payments Cards & Mobile.
The European Commission takes Luxembourg to court over AML failings
The European Commission has taken Luxembourg to court, asking the European Court of Justice (ECJ) to impose penalties, on a daily basis, for failing to put new EU AML (Anti... read more
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