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Mastercard unveils next generation biometric card in South Africa
Mastercard has unveiled its next generation biometric card, combining chip technology with fingerprints to conveniently and safely identify cardholders for in-store purchases. South Africa is the first market to test the evolved technology, with two separate trails recently concluded with Pick n Pay, a leading supermarket retailer, and Absa Bank, a subsidiary of Barclays Africa. The new [...]
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Breach Level Index – Cyber criminals mining for database gold
The 2016 Breach Level Index Report has been published revealing that cyber criminals managed 1,792 data breaches leading to almost 1.4 billion data records being compromised worldwide during 2016, an increase of 86% compared to 2015. Identity theft was the leading type of data breach in 2016, accounting for 59% of all data breaches. In addition, [...]
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FCA crackdown on contactless card fraud security flaw
The UK’s FCA has set out measures to tackle contactless card fraud on contactless cards which have been reported lost or stolen. In a letter to the Treasury select committee, the Financial Conduct Authority (FCA) said consumer losses on contactless payments were relatively small but in some circumstances cards could be used by a fraudster several [...]
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Global Blockchain startup map
The blockchain ecosystem made great leaps forward in 2016, with dozens of new companies, funding rounds and partnerships making headlines. But who is doing what in the Blockchain ecosystem ca be challenging to keep up with. Here is the definitive Blockchain startup map to help you navigate.
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Cyber security: smartphone owners don’t secure their devices
Cyber security, in particular mobile data security is a big issue. Recent Wikileaks claims of the C.I.A. hacking smartphones have once again brought the issue of mobile security to the forefront. In a time when smartphones are completely integral to our everyday activities, bad security habits can leave us vulnerable to all manner of trouble. However, a [...]
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