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A newly discovered Russian hacker group known as Buhtrap has attacked 13 Russian banks since August 2015, using malware that infiltrates their gateway to the central bank, according to Moscow-based cyber security company Group-IB. The hackers spread the malware using infected e-mails that mimicked correspondence from the central bank and Gazprombank JSC, Group-IB said in a [...]

The post Russian hacker cell steals $25.7 million appeared first on Payments Cards & Mobile.

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computer viruses, Cyber Security, Cybercrime, Fraud & Security, hacking, online crime, Risk & Compliance -

The results of new research in the UK have revealed that 88% of Britons see cybercrime as now being as big a threat as offline crime, whilst 76% of people believe governments and large organisations are not doing enough to combat hackers and cybercrime. In addition, a huge 93% of people surveyed by online security [...]

The post 88% of Britons believe cybercrime is now as big a threat as offline crime appeared first on Payments Cards & Mobile.

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biometric payments, Biometrics, Cyber Security, Daily News, FinTech, Fraud & Security, Identity, Mobile Banking, Mobile Payments, Security, selfie pay -

Payments Cards and Mobile interviewed Ajay Bhalla of MasterCard to understand what is hot in the world of biometric payments including selfie pay and securing the further digitisation of payments.

The post MasterCard on biometric payments and security appeared first on Payments Cards & Mobile.

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biometric payments, Biometrics, Cyber Security, Daily news, Fraud & Security, Identity, Issuing & Acquiring, selfie pay, voice biometrics -

According to payments networks Visa and MasterCard, consumers are getting much more comfortable with biometric payments. Research from the fourth annual MasterCard Mobile Payments Study finds cardholders increasingly are asking for... more

The post Consumers want more biometric payments appeared first on Payments Cards & Mobile.

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biometric payments, Biometrics, Cyber Security, Daily News, Fraud & Security, Identity, Issuing & Acquiring, selfie pay, voice biometrics -

According to payments networks Visa and MasterCard, consumers are getting much more comfortable with biometric payments. Research from the fourth annual MasterCard Mobile Payments Study finds cardholders increasingly are asking for mobile payment options.MasterCard and PRIME Research compiled 2 million global social media comments about mobile payments in 2015. They found just 85,000 such posts in [...]

The post Consumers want more biometric payments appeared first on Payments Cards & Mobile.

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