Cyber Security RSS

Cyber Crime, Cyber Security, Daily news, Fraud & Security, Identity, Know Your Business (KYB), Know Your Customer (KYC) -

A wide range of factors are converging to make Know Your Business (KYB) a major pain point for financial institutions (FIs) in the years ahead. Banks and other FIs must... read more

The post The coming crisis in KYC and KYB explained appeared first on Payments Cards & Mobile.

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Cyber Crime, Cyber Security, Daily news, Fraud & Security, real-time fraud, Regulation, Risk & Compliance -

As part of its strategy for addressing fraud risks in the context of the Single Euro Payments Area (SEPA) payment schemes the European Payments Council (EPC), has elected to develop... read more

The post European Payments Council requests proposal for real-time fraud platform appeared first on Payments Cards & Mobile.

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Artificial Intelligence (AI), Biometrics, cash, Cryptocurrency, Cyber Crime, Cyber Security, Daily news, E-Commerce, E-Money, Fraud & Security, internet, IoT, M-Commerce, Mobile Banking, Mobile payments, Mobile Wallet, VR -

The internet has changed the shape of how we live our modern lives and is an incredible thing, and something that continues to develop and improve year on year. But... read more

The post The future of the internet, e-commerce and payments appeared first on Payments Cards & Mobile.

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Artificial Intelligence (AI), Cyber Security, Daily news, E-Commerce, e-commerce fraud, Fraud, Fraud & Security, M-Commerce, Risk & Compliance -

A new study has found that the value of losses due to e-commerce fraud will rise this year, from $17.5 billion in 2020 to over $20 billion by 2021; a... read more

The post E-commerce fraud losses to exceed $20 billion annually appeared first on Payments Cards & Mobile.

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Cyber Crime, Cyber Security, Daily news, Fileless malware, Fraud & Security, malware, ransomware, Risk & Compliance -

The latest Internet Security Report reveals that fileless malware and cryptominer attack rates grew by nearly 900% and 25% respectively, while unique ransomware payloads plummeted by 48% in 2020 compared... read more

The post Fileless malware attacks surge by 900% – Ransomware attacks decline appeared first on Payments Cards & Mobile.

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