Celent Banking

NOVEMBER 11, 2015

New York State Department of Financial Services (NYDSF) is one step closer to releasing cyber security regulations aided by the largest security hacking breach in history, against JP Morgan Chase. Mandated training of security will be required. Information security. Systems and network security.

Cyber Security 100

Cyber Security Regulation Security New York 100

The Paypers

OCTOBER 24, 2019

(Telecompaper) The National Cyber Security Centre (NCSC) , Britain's cyber-defence centre has prevented more than one million cases of suspected payment card fraud in 2018, its annual review reveals.

Cyber Security 28

Cyber Security National Fraud Security 28

BankInovation

AUGUST 18, 2021

Cyber Security Services Banking practice at consultancy KPMG New York, will join a live webinar presented by Bank Automation News on “Automation technology for exceptional bank cybersecurity and ID verification” Sept. Cyber fraud and the frequency of losses are increasing,” Miller […]. 9, at 11:30 a.m.

Cyber Security 98

Cyber Security Security New York Fraud 98

PYMNTS

MAY 2, 2019

Representatives from a number of countries around the world – excluding Russia, China and representatives from technology giant Huawei – met to discuss the security of 5G networks as many countries prepare for deployment of the technology, according to a report by Reuters.

Meeting 171

Meeting Security Cyber Security Technology 171

PYMNTS

JUNE 16, 2020

But Kellerman and other security experts advocated at the hearing for legislative measures, such as modernizing anti-money laundering (AML) and forfeiture rules and moving the Secret Service to the Treasury Department, to help combat the threat.

US 227

US Cyber Security Security National 227

PYMNTS

JUNE 16, 2017

According to a press release , App Verify for iOS allows mobile app developers to streamline the onboarding account verification process to assist with increasing conversions and providing cyber security and identity assurance from fraud.

Fraud 100

Fraud Cyber Security User Experience Security 100

PYMNTS

OCTOBER 29, 2019

Cybersecurity and fraud protection company DataVisor , which uses artificial intelligence to help with fraud solutions, has launched a program called ExtenD, with the intention of helping medium to larger businesses with their cybersecurity and fraud needs, the company said in a press release.

Fraud 100

Fraud Cyber Security Big Data Training 100

NCR

NOVEMBER 8, 2016

An Information Security Officer (ISO) is mandated by federal regulations and plays a critical role in today’s digitally interconnected world. He or she is the bank officer responsible for administering and ensuring the effectiveness of the information security program for the bank. Cyber Incident Response Plan.

Cyber Security 63

Cyber Security Security Risk Management Training 63

PYMNTS

JUNE 12, 2017

Digital security may just be a pipe dream that society will always be chasing. With each new digitally infused product or service that opens up to the public, new doors to new weakness and cyber crime open up as well. Here are the numbers: 31 percent | Percentage plunge in SWIFT stock following $81 million Bangladesh cyber heist. $31

Security 110

Security Cyber Security Data Apple 110

PYMNTS

DECEMBER 6, 2018

Such a scenario stands as a terrifying example of not only the sophistication of criminals, but also the threat of fraud in a real-time payments environment. Ron Plesco, principal of Cyber Security, and Bob Ruark, principal of Banking and Financial Services Strategy and KPMG’s FinTech leader in the U.S. The antidote?

Fraud 133

Fraud Payments Security Cyber Security 133

Matt Wilcox Pro

SEPTEMBER 28, 2020

With National Cyber Security Month upon us in three days, now seems like a good time to revisit the topic of cyber fraud. But rather than focus on the technically proficient cyber-criminal, today I shall focus on people who unwittingly obtain undeserved credits and refunds, aka friendly fraud.

Cyber Security 88

Cyber Security Fraud National US 88

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

Accenture

JUNE 14, 2016

In my first post on integrated cyber risk management, we looked at financial firms bringing together leadership and capabilities across fraud, IT, cyber security and operational risk, both to improve enterprise risk management and to build cyber resilience. Read more.

Cyber Security 150

Cyber Security Risk Management Leadership Fraud 150

FICO

JULY 31, 2019

Another reason to consider your firm’s risk relative to the ABC National Risk Score is that brokers, carriers, and reinsurers also increasingly leverage standardized cyber breach risk quantification metrics as an additional tool for underwriting and pricing cyber breach insurance. And follow me on Twitter @dougoclare. by Doug Clare.

Cyber Security 70

Cyber Security Management Security Risk Management 70

The Paypers

JUNE 7, 2017

(The Paypers) Bottomline Technologies report results have revealed that fraud and the need for greater cyber-security measures remain high on the agenda for financial decision makers.

Cyber Security 28

Cyber Security Security Industry Fraud 28

PYMNTS

JUNE 15, 2017

Security isn’t just about catching the bad guys as they run away with store merchandise. And as part of a network, they can be a key piece in the preventative puzzle, triggering other elements of the security suite to activate. And surveillance isn’t just about identifying bad guys after the fact.

Fraud 101

Fraud Security Video Retail 101

Payments Source

NOVEMBER 4, 2018

Synthetic fraud brings the pain from many angles — a fluid mix of fake credentials and phony accounts that can overwhelm traditional identity theft tools.

Fraud 97

Fraud Security Tools Cyber Security 97

American Banker

OCTOBER 31, 2024

This month's roundup features news about the rising concerns of Zelle fraud, JPMorgan Chase's AI arms race with Capital One and more.

Fraud 65

Fraud Capital Cyber Security Security 65

Cisco

JUNE 7, 2019

While the days of the good ol’ “stickup” bank robbery, cybersecurity threats are rapidly growing in number and complexity, and even the most advanced security teams scramble to keep up. After decades of battling credit card fraud, retail banks face a new challenge: fraudulent account takeover. The rise in high-impact fraud.

Fraud 63

Fraud Retail San Diego Cyber Security 63

PYMNTS

APRIL 8, 2020

The amount of fraud , scams and misinformation amid the coronavirus pandemic has spread widely in the past month. As the coronavirus pandemic continues to roil the U.S. and the U.K., a wave of new cyberattacks appears to be taking advantage of the situation in both countries, according to a Reuters report.

Cyber Security 173

Cyber Security US Fraud Security 173

PYMNTS

JUNE 29, 2020

Using the slogan, “In Fraud We Trust,” the group directed traffic and potential purchasers to sites of its members, which served as online conduits to traffic in stolen identification, financial and banking information, malware and other illicit goods, according to the complaint. In April, a joint study by the U.S. and the United Kingdom.

Nevada 201

Nevada Cyber Security Study Security 201

PYMNTS

MAY 9, 2016

Though the industry knew it was coming, the sharp migration of fraud from in-store to online channels with the growing adoption of EMV is still enough to keep any online merchant up at night. The data show that since the October 2015 EMV liability shift, United States fraud attacks have jumped by 11 percent. contact-form-7].

Fraud 100

Fraud Online United States Cyber Security 100

PYMNTS

NOVEMBER 30, 2020

While the business email compromise (BEC) scam is a global pain point for businesses, this week's B2B Data Digest looks at the latest figures in B2B payments fraud and finds BEC heating up in one particular region: Australia and New Zealand. Another business, homewares company Sage and Clare, was out $7,360 after falling for such fraud.

Fraud 177

Fraud Cyber Security Data Software 177

PYMNTS

OCTOBER 29, 2019

Cybersecurity and fraud protection company DataVisor , which uses artificial intelligence to help with fraud solutions, has launched a program called ExtenD, with the intention of helping medium to larger businesses with their cybersecurity and fraud needs, the company said in a press release.

Company 101

Company Cyber Security Fraud Big Data 101

PYMNTS

JANUARY 10, 2021

The hackers breached security at "a third-party file-sharing service," the central bank stated in a news release. Adrian Orr said in a prepared statement: "We are working closely with domestic and international cyber security experts and other relevant authorities as part of our investigation and response to this malicious attack.

Cyber Security 202

Cyber Security Security System Operations 202

Jack Henry

JANUARY 29, 2020

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Cyber Security 134

Cyber Security Security Fraud 134

PYMNTS

SEPTEMBER 30, 2016

Fraudsters have been causing problems for retailers over the past four quarters, leading to a 137 percent jump in fraud attacks and affecting $7 out of every $100 made in retail sales, according to the latest PYMNTS.com Global Fraud Attack Index. The collaborative study with Forter measures the rate of fraud attempts made on U.S.

Fraud 100

Fraud Data Cyber Security Study 100

Banking 2020

SEPTEMBER 10, 2015

It’s clear that cyber threats and identity theft tactics are getting smarter, and that banks need to amp up their security practices to combat this evolution. Financial institutions have the opportunity to make security investments that also increase their ROI. Do your customers know about these other types of fraud?

Cyber Security 40

Cyber Security Security Fraud Software 40

PYMNTS

AUGUST 1, 2016

No incessant authentication requests … all without sacrificing their security. Enter intelligent Payment Security. These intelligent solutions not only let you build a secure e-commerce strategy centered on customer value, but also a broader digital business transformation plan focused on competitive advantage. No interruptions.

CA 100

CA Security Payments Cyber Security 100

PYMNTS

JUNE 26, 2017

With this cyber attack coming just one month after a ransomware infiltration into the country’s health service, the House of Commons is working with the National Cyber Security Centre to put together a new cyber security system.

Cyber Security 128

Cyber Security National Security Software 128

SWBC's LenderHub

JULY 2, 2020

In this blog post, we'll be revisiting four fraud trends that are impacting consumers and financial institutions. As the industry and consumers are adjusting to a new normal after the global spread of COVID-19, fraudsters are changing their schemes to prey on the heightened anxieties that people are experiencing during these uncertain times.

Trends 146

Trends Fraud Industry Cyber Security 146

Cisco

JUNE 7, 2019

While the days of the good ol’ “stickup” bank robbery, cybersecurity threats are rapidly growing in number and complexity, and even the most advanced security teams scramble to keep up. After decades of battling credit card fraud, retail banks face a new challenge: fraudulent account takeover. The rise in high-impact fraud.

Fraud 48

Fraud Retail San Diego Cyber Security 48

Chris Skinner

MARCH 15, 2017

The post Things worth reading: 15th March 2017 appeared first on Chris Skinner's blog.

Cyber Security 157

Cyber Security Charlotte Bitcoin Fraud 157

The Paypers

NOVEMBER 26, 2020

Identity Verification-as-a-Service solutions provider IDnow has published the latest figures on changes in fraud methods within the digital environment in its Cyber Security Report 2020.

Cyber Security 31

Cyber Security Fraud Report Security 31

FICO

DECEMBER 16, 2019

The Communications Fraud Control Association (CFCA) recently released the findings from its Global Telecom Fraud Survey. Fraud teams operate with lean structures. The majority are still using primarily rules-based fraud management systems, with just 6% using AI and machine learning. of respondents.

Survey 52

Survey Fraud Cyber Security Compliance 52

Abrigo

MAY 4, 2020

While many are minor application enhancements, some are bug fixes or critical cyber security enhancements that should be updated immediately. When your AML software is hosted with a secure vendor, they will handle all upgrades and service packs with seamless updates to your AML systems. Let your vendor do the work for you.

Software 195

Software Cyber Security Security Community 195

SWBC's LenderHub

APRIL 30, 2020

While not a new scheme, online account origination fraud has grown in part because of the prevalence and ease of use of online banking services, and in part because of the number and scope of data breaches allowing bad actors access to a large amount of consumer data.

Fraud 88

Fraud Online Data Cyber Security 88