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25 SEPTEMBER 2018
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article thumbnail Tuesday, 18 September 2018

Finally a bank prepared to prove their own identity
Barclays commitment to beating scammers
Well done for Barclays for being the first bank taking responsibility for proving their identity. Read more ...

 
     

Latest feature
     
 
If you thought GDPR was bad, watch out for ePrivacy Regulation

New EU rules will have substantial impact on digital marketing, advertising and all things virtual
Read more ...
 
     
 
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article thumbnail News - InvestigationsWednesday, 12 September 2018

Report into Equifax breach highlights key areas of concern
145.5 million US and 15.2 million UK records were compromised - official
Failures in detection, segmentation and data governance have all been blamed for the massive 2017 Equifax breach. Read more ...

article thumbnail News - Cards and PaymentsThursday, 06 September 2018

Lloyds glitch shows up faults in disaster recovery
Lack of customer communication with social media lethargy hampers response
New report highlights poor communication amongst banks
Can lessons be learnt from other sectors? Read more ...

article thumbnail News - ResearchMonday, 03 September 2018

Employees cause the most breaches
Insider Threat Intelligence Report
Despite increasing investment in security tools, organizations are still getting breached. In fact, the 2018 Verizon Data Breach Investigations Report recorded over 53,000 total security incidents and 2,216 confirmed breaches.
Read more ...

News - CybercrimeThursday, 23 August 2018

Financial Ombudsman supports victims of scams
"Customers not always negligent"

Banks must not automatically blame their customers if targeted by sophisticated scammers, the Financial Ombudsman Service has said. Read more ...

News - CybercrimeThursday, 23 August 2018

North Koreans hack exchange with “first” MacOS Malware
North Korean hackers have infected a cryptocurrency exchange with malware for both Windows and macOS for reportedly the first time, Russian internet security company Kaspersky Lab said today (August 23). Read more ...

article thumbnail News - CybercrimeTuesday, 14 August 2018

FBI warns of global ATM cyber crime spree
Criminals gaining access via bank systems
The FBI is warning banks that cyber criminals are planning a highly-coordinated attack on cash machines around the world that could see millions of dollars withdrawn from customer bank accounts. Read more ...

article thumbnail News - Data securityWednesday, 08 August 2018

When it’s not worth your company reputation
Lawyers being used to mitigate against calamity
There are few quicker ways to destroy a company than damage to reputation, and the threat can come from just about anywhere.  Read more ...

article thumbnail News - ComplianceMonday, 06 August 2018

Legal & General under siege after string of complaints
FCA told of "toxic" risk and compliance culture

A series of complaints to the Financial Conduct Authority has cast a shadow over the UK’s largest fund house and led to questions about its employee culture and its risk and compliance processes. Read more ...

article thumbnail News - Cards and PaymentsFriday, 03 August 2018

Digital India project causes payment card spike EMV migration plans accelerated Credit and debit card fraud has jumped 42% in 2017, with much of the blame being attributed to the government’s desire to make the country cash free.  Read more ...

article thumbnail News - Court casesTuesday, 31 July 2018

Largest whistleblower award to date for commodity fraud
The Commodity Futures Trading Commission (CFTC) has announced its largest whistleblower award to-date in a commodity fraud case.  Read more ...

News - Investigations
Report into Equifax breach highlights key areas of concern
Administrator - Wednesday, 12 September 2018

News - Cards and Payments
Lloyds glitch shows up faults in disaster recovery
Administrator - Thursday, 06 September 2018

News - Research
Employees cause the most breaches
Administrator - Monday, 03 September 2018

News - Court cases
Largest whistleblower award to date for commodity fraud
Administrator - Tuesday, 31 July 2018

News - Technology
IBM and banks work on blockchain marketplace for compliance
Administrator - Monday, 30 July 2018

News - Data security
When it’s not worth your company reputation
Administrator - Wednesday, 08 August 2018

News - Compliance
Legal & General under siege after string of complaints
Administrator - Monday, 06 August 2018

News - Cybercrime
FBI warns of global ATM cyber crime spree
Administrator - Tuesday, 14 August 2018

News - Cards and Payments
Digital India project causes payment card spike
Maxine Wernick - Friday, 03 August 2018

News - Cybercrime
Financial Ombudsmen supports victims of scams
Administrator - Thursday, 23 August 2018

News - Cards and Payments
Lloyds glitch shows up faults in disaster recovery
Administrator - Thursday, 06 September 2018

News - Cybercrime
North Koreans hack exchange with “first” MacOS Malware
Administrator - Thursday, 23 August 2018

News - Research
Employees cause the most breaches
Administrator - Monday, 03 September 2018

News - Investigations
Report into Equifax breach highlights key areas of concern
Administrator - Wednesday, 12 September 2018

Features - Financial fraudMonday, 13 August 2018

Three Tips for Combating Fraud
Chris Camacho, Chief Strategy Officer at Flashpoint
Fraud is an inevitability of business, and one that most won’t concede they’re susceptible to. But the blunt truth is, insiders who are close to critical systems—or outsiders who are skilled enough to exploit vulnerabilities in anti-fraud and other security controls—will steal.
Read more ...

article thumbnail Features - CybercrimeMonday, 09 July 2018

Dealing with insider threats
To tackle insider threats, managers and IT leaders need to take an entirely different approach which can vary depending on the business environment, argues Ronald Sens, EMEA Director, A10 Networks.
There are many threats to enterprise cyber security with most coming from external threat actors. Read more ...

article thumbnail Features - Cards and PaymentsMonday, 02 July 2018

Why bank fraud levels are not falling
Improving detection and prevention in an evolving threat landscape.

Steven Murdoch, innovation security architect at OneSpan, explains why fraud levels continue to rise despite increased security spending, and what can be done to improve the situation.
Read more ...

article thumbnail Features - ComplianceThursday, 05 April 2018

Final agreement on Fifth AML Directive proposals
- Consensus on anti-money laundering amendments including prepaid cards and virtual currencies
- The major provisions affecting banks
- Patchy adoption of Fourth AML Directive across EU
- Timeline for adoption of AMLD5

Read more ...

article thumbnail Features - Data securityThursday, 30 November 2017

Banks must change data policies post-Equifax
The Equifax data breach is in a class of its own. It compromised the personal data of 145 million people, equivalent to half the US population. The seriousness is exacerbated by the breadth of information stolen including names, Social Security numbers, birth dates, addresses, some driver’s licence numbers and 209,000 credit card numbers.

Why does Equifax hold so much data? Read more ...

 
     
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