Cybersecurity

Computer security, cybersecurity or information technology security is the protection of computer systems from the theft of or damage to their hardware, software, or electronic data, as well as from the disruption or misdirection of the services they provide.

Source: en.wikipedia.org

Radius Bank: Becoming Partners In Crime Prevention Can Help FIs Beat Fraud Rings
Radius Bank: Becoming Partners In Crime Prevention Can Help FIs Beat Fraud Rings
July 21, 2020  |  Fraud Prevention

Cybercrime is a constant concern for banks, credit unions and other financial institutions (FIs), with more than 25 percent of all malware attacks targeting the...

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Twitter Hackers Took Personal Data From Celebrity Accounts
Twitter Hackers Took Personal Data From Celebrity Accounts
July 19, 2020  |  Security & Fraud

Twitter has provided a glimpse into its investigation of last week’s security breach, the worst in its 14-year history, as hackers commandeered more than 100...

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Ransomware Attack On Orange Accessed 20 Enterprise Customers’ Data
Ransomware Attack On Orange Accessed 20 Enterprise Customers’ Data
July 19, 2020  |  B2B Payments

France-based telecom company Orange reported that a ransomware attack had compromised the data of 20 enterprise customers on one of its servers, according to news...

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The Pandemic Is Driving Crooks Online, Too
The Pandemic Is Driving Crooks Online, Too
July 13, 2020  |  Payments Innovation

“How can banks, retailers and financial institutions strike the right balance between offering advanced services to customers while flattening the overwhelming spike in fraud?” People...

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Secret Service Launches Task Force To Fight Cyber Fraud
Secret Service Launches Task Force To Fight Cyber Fraud
July 12, 2020  |  Security & Fraud

As federal investigators recognize the connections between cyber and traditional financial crimes, the U.S. Secret Service has established a single agency to fight them, the...

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UN Rule Mandates Connected Cars Be Secured Against Cyberattacks
UN Rule Mandates Connected Cars Be Secured Against Cyberattacks
July 09, 2020  |  Regulation

A new rule from the United Nations will require connected cars sold in Japan, South Korea and the European Union, among other places, to be...

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Trulioo Launches Facial Recognition, Document Verification Product
Trulioo Launches Facial Recognition, Document Verification Product
July 08, 2020  |  Authentication

Trulioo, the Canadian company that provides online identity verification, has introduced a facial recognition and document validation technology it says will enable small and medium-sized...

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New Fed Report Recommends ‘Comprehensive Approach’ To Fighting Synthetic Identity Fraud
New Fed Report Recommends ‘Comprehensive Approach’ To Fighting Synthetic Identity Fraud
July 02, 2020  |  Security & Fraud

As a one-size-fits-all solution does not exist for the increasing problem of synthetic identity fraud, The Federal Reserve reports that experts suggest a “comprehensive approach”...

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Open Banking Takes On Financial Crime Big Time
Open Banking Takes On Financial Crime Big Time
June 30, 2020  |  Fraud Prevention

Partnerships of legacy financial institutions (FIs) and FinTechs are bringing forth some of the coolest experiences in banking. It’s a trend exemplified by open banking...

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