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Cash, Cyber Crime, Cyber Security, cyberattack, Daily news, Fraud & Security, money laundering, money mules -

A new report, ‘Follow the Money’, describes the complex web of money laundering, money mules, front companies and cryptocurrencies that criminals use to siphon funds from the financial system after... more

The post Follow the money: an investigation into money laundering tactics appeared first on Payments Cards & Mobile.

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Anubis, Betabot, Black Friday, Cridex Gozi, Cyber Security, cyberattack, Daily news, E-Commerce, E-Money, Fraud & Security, Gustuff, Identity, malware, Mobile payments, Risk & Compliance, scam, Zeus -

As Black Friday continues to grow in popularity, online shoppers are more likely to be the victim of cyber-attacks, a new report from Kaspersky has revealed. E-commerce attacks targeted directly... more

The post Black Friday: E-commerce attacks rise by 15% appeared first on Payments Cards & Mobile.

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AFME, ASIFMA, Cyber Security, cyberattack, Cybersecurity, Daily news, Fraud & Security, Quantum Dawn, Quantum Dawn V, Regulation, SIFMA (Securities Industry and Financial Markets Association) -

This week, SIFMA (Securities Industry and Financial Markets Association), held the fifth in its series of exercises meant to simulate a catastrophic cybersecurity event in the banking sector, known as... more

The post Quantum Dawn: Financial industry finishes annual ‘doomsday’ cybersecurity exercise appeared first on Payments Cards & Mobile.

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cyber crime, Cyber Security, cyberattack, cyberattacks, Daily News, E-Commerce, Fraud & Security, Identity, Mobile Payments, Processing & Systems, Risk & Compliance -

ThreatMetrix has announced new data revealing a 30% year-on-year increase in the volume of cyberattacks hitting Europe in the first quarter of 2018. The ThreatMetrix Q1 2018 Cybercrime Report: Europe Deep-Dive reveals evolving attack trends and how they differ across the region. This is based on analysis of 1.9 billion digital transactions on the ThreatMetrix Network in Europe. As attacks [...]

The post Digital transactions in Europe bombarded with a 30% increase in cyberattacks appeared first on Payments Cards & Mobile.

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Cyber Security, cyberattack, Cybersecurity, cybersecurity standards, Daily News, Fraud & Security, Identity, Issuing & Acquiring, Risk & Compliance -

North American regulators have unveiled a new cybersecurity standard to bolster the ability of the country’s largest banks to withstand a major cyberattack, a move aimed at protecting the US financial system. The plan, released jointly by the Federal Reserve, the Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency, would [...]

The post Regulators increase cybersecurity standards at biggest banks appeared first on Payments Cards & Mobile.

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