Fraud & Security RSS

Cyber Security, Daily news, Fraud & Security, ransomware attack, Risk & Compliance, Ryuk -

Sopra Steria, a supplier to the UK’s NHS, has admitted a ransomware attack on its systems last month is likely to cost the company between €40 million ($48 million) and... more

The post Cybersecurity costs: Sopra Steria could pay €50 million for Ryuk attack appeared first on Payments Cards & Mobile.

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Cyber Security, Daily news, Fraud & Security, mobile malware -

In Q3 2020 there has been a consistent and significant increase in mobile malware activity with Asia at the epicentre, according to new data published by Secure-D, which currently covers... more

The post Mobile malware soars in Asia with 97% transactions flagged as fraudulent appeared first on Payments Cards & Mobile.

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cyber crime, cyber insurance claims, cyber resilience, Cyber Security, Daily news, Fraud & Security, Risk & Compliance -

External attacks on companies result in the most expensive cyber crime insurance losses, but it is employee mistakes and technical problems that are the most frequent generator of claims by... more

The post Cyber crime costs rising: Internal failures most common cause of claims for companies appeared first on Payments Cards & Mobile.

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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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API, Daily news, E-Commerce, E-Money, Fraud & Security, Instant Payments, Issuing & Acquiring, M-Commerce, Mobile payments, Mobile Wallet, Payment Services Directive (PSD2), Processing & Systems, PSD2, Real-Time Payments, Regulation, retail payments, retail payments strategy (RPS), SEPA -

The Single Euro Payments Area (SEPA) initiative has been a key enabler for the integration of the retail payments market in the European Union: the development of Credit Transfer (SCT) and Direct... more

The post What’s new in the new retail payments strategy for the EU? appeared first on Payments Cards & Mobile.

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