Cyber Security RSS

Cyber Security, Daily News, Fraud & Security, Identity, Mobile Banking, Mobile Payments, Mobile Wallet -

In today’s digitally-driven society, being able to access your money when you want, from any device, is no longer a luxury but a necessity. In fact, being able to quickly transfer money to your contacts or easily pay on your phone for a coffee is second nature to many consumers. These quick and easy transfer [...]

The post Mobile users can no longer afford to overlook cyber security appeared first on Payments Cards & Mobile.

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Android malware, Android malware Fakedtoken, Cyber Security, Daily News, Fraud & Security, Identity, Mobile Banking, Mobile Payments -

A new piece of Android malware, dubbed Fakedtoken is able to quietly steal victims’ details when they enter them into apps, as well as spy on their texts and phone calls, according to a blog post from Kaspersky  Fakedtoken has been evolving over the last year and growing increasingly sophisticated. It began as a banking trojan that [...]

The post New Android malware Fakedtoken can steal card details from apps appeared first on Payments Cards & Mobile.

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cyber attacks, Cyber criminals, Cyber Security, Cybersecurity, Daily News, Fraud & Security, Identity, Internet Security Threat Report, Issuing & Acquiring, Risk & Compliance, Symantec annual Internet Security Threat Report -

In the latest Symantec annual Internet Security Threat Report, Cyber attackers revealed new levels of ambition in 2016, a year marked by extraordinary attacks, including multi-million dollar virtual bank heists, overt attempts to disrupt the US electoral process by state-sponsored groups, and some of the biggest distributed denial of service (DDoS) attacks on record powered [...]

The post Symantec annual Internet Security Threat Report appeared first on Payments Cards & Mobile.

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Cyber Security, Daily News, HCE, Host Card Emulation, Mobile Payments, Mobile Wallet, mobile wallet security, Tokenisation -

The ongoing power struggle between security and usability represents one of most pertinent challenges in mobile wallet today. While it is possible to build a nearly fraud-proof payment mechanism, it most certainly would not be usable. And although a completely frictionless payment experience could be a reality, it would undoubtedly be riddled with security gaps. [...]

The post Mobile commerce readiness: The mobile wallet security conundrum – Pt 2 appeared first on Payments Cards & Mobile.

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cyber attacks, Cyber criminals, Cyber Security, cyber threat, cyber threats, Cyber Threatscape, Daily News, Fraud & Security, Issuing & Acquiring, ransomware -

With recent large-scale cyber attacks signalling a growing front in destructive threats and business impact, a new midyear report on cyber threats from iDefense, part of Accenture Security, reveals how threat actors are continuing to evolve their ability to avoid detection. Based on in-depth analysis, the report anticipates a growth in the number of cyber [...]

The post Security report identifies top cyber threats of 2017 appeared first on Payments Cards & Mobile.

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