Perficient

APRIL 2, 2021

The agencies collectively announced a request for information (RFI) to gain input from stakeholders including financial institutions, trade associations, and consumer groups. fraud detection and financial crime monitoring). email, text, audio data), with the aim of identifying fraud or anomalous transactions. Credit Decisions.

Regulation 309

Regulation Industry Risk Management Analysis 309

PYMNTS

JANUARY 10, 2021

10) that it has been hacked — and that potentially sensitive personal and commercial information may have been involved. The hackers breached security at "a third-party file-sharing service," the central bank stated in a news release. The Reserve Bank of New Zealand said Sunday (Jan. Our core functions remain sound and operational.".

Cyber Security 202

Cyber Security Security System Operations 202

PYMNTS

SEPTEMBER 22, 2017

21) that a glitch on its website may have exposed the personal information of more than 400 of its customers. The report noted that addresses, social insurance numbers and banking information were not among the customer information disclosed due to the glitch.

National 123

National Security Data Software 123

Jack Henry

JANUARY 29, 2020

(..)

Cyber Security 134

Cyber Security Security Fraud 134

PYMNTS

APRIL 8, 2020

The amount of fraud , scams and misinformation amid the coronavirus pandemic has spread widely in the past month. Microsoft executive Rob Lefferts said in a blog post that hackers had been having a good time of it, too, with more successful attempts at doing their illicit deeds since the virus fundamentally changed western life.

Cyber Security 173

Cyber Security US Fraud Security 173

Jack Henry

SEPTEMBER 11, 2014

The same principles apply to information security awareness for a financial institution’s (FI’s) stakeholders (employees, board members, and customers). That is, given the same preventative measures, an FI may reduce the number and extent of information security breaches due to fraud. Annual Physicals.

Security 76

Security Exercises Cyber Security social media 76

Jack Henry

JULY 28, 2022

Over the past seve ral years, I’ve had the pleasure of working with many financial institutions (FIs) reviewing and testing both their Incident Response Plan (IRP) for Cyber Security and Business Continuity/Disaster Recovery Plans (BC/DRP).

Cyber Security 78

Cyber Security Security Fraud 78

NCR

NOVEMBER 8, 2016

Last month was National Cybersecurity Awareness Month, an initiative to provide consumers with the information they need to stay safe online, so in the wake of this, it is a good time for banks to consider whether all possible steps are being taken to protect their customers in our digitally connected world. The Role of the ISO.

Cyber Security 63

Cyber Security Security Risk Management Training 63

PYMNTS

JUNE 8, 2018

Unintentionally making themselves targets for scammers, customers may become vulnerable to fraud by complaining to banks on social media when systems crash. After problems with an information technology migration locked thousands of clients out of accounts at the U.K.’s

social media 101

social media Cyber Security Fraud System 101

Jack Henry

APRIL 30, 2014

Cyber-Attacks on Financial Institutions ATM and Card Authorization Systems. In light of the ATM cash-out schemes that had taken place recently, an alert was issued to provide details on how this type of fraud had occurred, the risks presented to financial institutions (FIs), and what FIs could do to mitigate these risks. FBI InfraGard.

Fraud 88

Fraud Cyber Security ATM FDIC 88

PYMNTS

MAY 2, 2019

The conclusions drawn from the meeting would be mostly informal, as some countries are still debating the technology at home. The document was said to have security conditions that would be especially difficult for Chinese providers to meet.

Meeting 171

Meeting Security Cyber Security Technology 171

PYMNTS

SEPTEMBER 17, 2018

Mobile means one can do just about anything by using their device: order food, bank online, read the news … even commit payments fraud, sometimes from the unlikeliest of places. In Australia, news came that police have charged a quartet of alleged fraudsters with running a business email compromise (BEC) scam.

Idaho 153

Idaho Missouri Cyber Security Fraud 153

PYMNTS

MARCH 10, 2020

service, which lets hackers advertise and sell stolen information, has been arrested by the FBI, according to published reports Tuesday (March 10). He was arrested on charges of aiding and abetting of trafficking and trafficking in stolen information. and verified that it was legitimate hacked user data, not fake information.

National 134

National Online New York City Cyber Security 134

FICO

JULY 31, 2019

The first step is determining whether additional information is needed to assess cyber risk. Based on the combination of criticality and risk, managers of third-party risk should establish a cadence for reviewing critical information. Step Three: Continuously monitor high-impact suppliers.

Cyber Security 70

Cyber Security Management Security Risk Management 70

Cisco

JUNE 7, 2019

After decades of battling credit card fraud, retail banks face a new challenge: fraudulent account takeover. By the time the average customer realizes his/her account has been compromised, funds have already been transferred and PII (personally identifiable information) is in the wrong hands. The rise in high-impact fraud.

Fraud 63

Fraud Retail San Diego Cyber Security 63

PYMNTS

DECEMBER 2, 2019

The Central Bank of Sri Lanka (CBSL) together with experts in Sri Lanka’s Financial and Information Technology (IT) industries, is assessing the possibility of applying Blockchain Technology to streamline Know-Your-Customer (KYC) processes at financial institutions.

blockchain 132

blockchain System Cyber Security Technology 132

PYMNTS

MAY 9, 2016

government’s Cyber Governance Health Check, which offered up the Cyber Security Breaches survey. Also, a new National Cyber Security Center will be established to help support businesses. Roughly two-thirds of large businesses in the U.K. have been victims of that activity. billion ($2.7

Cyber Security 100

Cyber Security Survey Security National 100

FICO

MAY 2, 2019

Fraud and data breaches have always had a close, if destructive, relationship. As the US transitioned to hard-to-counterfeit EMV payment card technology several years ago, criminals flocked to card not present (CNP) fraud , often combining identity fragments and card numbers stolen in breaches to make illicit purchases online.

Fraud 70

Fraud Data Risk Management Cyber Security 70

PYMNTS

SEPTEMBER 20, 2017

New York Governor Andrew Cuomo announced that he wants credit reporting firms to comply with the state’s new cyber-security regulations in the wake of the massive Equifax hack , according to Reuters. Maine is currently the only state that requires credit agencies to register, but its law does not cover cyber security.

Cyber Security 100

Cyber Security Report New York Massachusetts 100

PYMNTS

DECEMBER 3, 2018

According to a report in the Wall Street Journal citing cyber security specialists, the breach in which the personal information of as many as 500 million customers was exposed began in 2014, going undetected until September of 2018. It said it learned of it on Sept.

Cyber Security 122

Cyber Security Security Cards Resources 122

PYMNTS

NOVEMBER 6, 2017

Since 2004, October has been observed as National Cyber Security Awareness Month by the Department of Homeland Security (DHS). In September, the consumer credit agency Equifax reported that the personal information of roughly 143 million Americans was compromised in a data breach of epic proportions. It’s very simple.”.

Exercises 119

Exercises Resources Industry Cyber Security 119

PYMNTS

JUNE 20, 2017

Two years later, the facial recognition technology is the best in the world (yep, even better than Google’s) and is being used for public safety, law enforcement and fraud prevention through cybersecurity. The amount of information they collect in a single day is too much for a human to sort through.

Technology 173

Technology Retail social media Fraud 173

Insights on Business

MAY 18, 2018

The expansion of channels expands the threat of money laundering, fraud, and hacks — as well as regulatory requirements for necessary protections. Artificial Intelligence is now being used by cyber criminals , meaning the sophistication of their methods is increasing, forcing banks to up their game. Efficiency.

Operations 93

Operations Security Cyber Security Customer Experience 93

PYMNTS

FEBRUARY 6, 2019

“If you are a big intelligence agency somewhere in the world and you want to harvest as much information as possible, you of course go for the convergence points, it’s a given fact.”.

Software 123

Software Company Cyber Security Security 123

PYMNTS

JANUARY 7, 2020

The gang demanded $6 million in ransom in exchange for not releasing sensitive information regarding Travelex customers, including birth dates and credit card numbers. Sodinokibi contacted the BBC on Tuesday (Jan. 7), claiming responsibility for the attack that caused Travelex to shut down last week.

Cyber Security 130

Cyber Security Online Retail National 130

PYMNTS

OCTOBER 12, 2016

A second hacking group is targeting banks through the Swift Inerbank Messaging system, according to a report out from cyber-security firm Symnatec yesterday (Oct. Symantec said it would share technical information about Odinaff with banks, governments and other security firms.

Groups 100

Groups Cyber Security United States System 100

PYMNTS

DECEMBER 21, 2016

Air Force Life Cycle Management Center, Cyber Security Engineering Division. The company’s work will include providing the Air Force with a cybersecurity assessment, analysis and research for its Defense Technical Information Center (DTIC).

US 100

US Cyber Security Virginia Analysis 100

FICO

APRIL 7, 2016

The INFORMS conferences continue to unveil game-changing approaches that businesses are using advanced analytics such as optimization to literally transform lives and businesses. If you’re already planning to come to INFORMS, here are three good reasons to check out what FICO is doing! management science, and analytics.

Analytics 40

Analytics Cyber Security Conference Fraud 40

Cisco

JUNE 7, 2019

After decades of battling credit card fraud, retail banks face a new challenge: fraudulent account takeover. By the time the average customer realizes his/her account has been compromised, funds have already been transferred and PII (personally identifiable information) is in the wrong hands. The rise in high-impact fraud.

Fraud 48

Fraud Retail San Diego Cyber Security 48

Banking 2020

SEPTEMBER 10, 2015

By reselling keystroke encryption software to your customers, and making it available for your employees, you can profit from the security upgrade and stop the transfer of personal and sensitive information before it gets into a cyber attacker’s hands. Do your customers know about these other types of fraud?

Cyber Security 40

Cyber Security Security Fraud Software 40

PYMNTS

NOVEMBER 23, 2017

Britain’s Information Commissioner’s Office (ICO), a government agency created to ensure companies are protecting the privacy of their consumers, said the ICO has launched an inquiry into the breach and subsequent actions taken by Uber. Meanwhile, in the U.K., The ICO plans to work with the U.K.’s were impacted by it.

Regulation 100

Regulation Cyber Security Connecticut Illinois 100

PYMNTS

MAY 23, 2017

A BNP Paribas spokeswoman was unable to confirm or deny this information, but added that the bank “has a significant set of measures in place aimed at fighting cyber attacks on a daily basis.” Targeted specifically were customers of state lender Sberbank, customers of Alfa Bank and customers of online payments company Qiwi.

Cyber Security 101

Cyber Security Mobile Security Software 101

SWBC's LenderHub

JANUARY 26, 2016

Krebs on Security is a daily blog that provides detailed insight for information and cyber security, authored by Brian Krebs, an American journalist and investigative reporter. A couple weeks ago, I ran across the blog post below and thought I should pass it along to everyone I knew.

Cyber Security 60

Cyber Security Security Report Fraud 60

PYMNTS

SEPTEMBER 24, 2018

The airline informed customers on Sept. SPG has said that compensation should come in the wake of “inconvenience” and “distress” and “misuse of private information” – and might these be rather nebulously defined? According to Bank Info Security , quoting U.K. The breach itself was one where a cyberattack lasted from Aug.

Data 152

Data Cyber Security Regulation social media 152

Payments Source

JULY 30, 2019

The ongoing availability of stolen account information used to perpetrate vishing and phishing was exacerbated by the Capital One data breach disclosed this week, affecting 100 million accounts, and is likely to increase fraud threats.

Capital 77

Capital Fraud Data Cyber Security 77

Banking 2020

NOVEMBER 24, 2015

First the good news – banks in Britain stopped nearly £1 billion in attempted fraud in the first six months of 2015. Banks prevented £7 in every £10 of attempted fraud, according to Financial Fraud Action (FFA) UK, which reports that losses on payment cards, online and telephone banking and cheques totalled £325.3

Fraud 40

Fraud Cards Cyber Security System 40

Insights on Business

OCTOBER 24, 2016

I predict that two of the hot topics at Money20/20 will be the availability of immediate or real-time payments and cyber security. How will you monitor fraud detection in real time considering the irrevocability of these real-time payments? For more information on IBM’s presence at Money20/20, please visit ibm.biz/BdrwfE.

Las Vegas 70

Las Vegas Payments Cyber Security Fraud 70