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Fraud prevention: Genesis Market cybercrime site shut down
Genesis Market has been closed down in a massive, coordinated global law enforcement crackdown. Genesis Market was one of the world’s biggest criminal marketplaces used by online fraudsters to buy... read more
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Five ways digital payments will change financial services
The last three years have seen considerable change in how the UK financial services sector operates. The expectations of consumers have shifted, prompted by the pandemic and a need for... read more
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UK financial services sector spending £22k per hour fighting fraud
UK financial services organisations are collectively spending £34.2 billion each year on financial crime compliance (FCC), according to the latest True Cost of Compliance report from LexisNexis Risk Solutions. This... read more
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Future of Fraud Forecast highlights five fraud threats facing businesses
With fraud expected to surge amid uncertain economic conditions, Experian has released its 2023 Future of Fraud Forecast, which reveals five fraud threats that could prove challenging for consumers and... read more
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The security of card payments in a post quantum computers world
Quantum computers have the potential to break cryptographic schemes, such as Rivest–Shamir–Adleman (RSA) and Elliptic Curve Cryptography (ECC); these are used in EMV card payment systems for offline authentication to... read more
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