989 Results from 2010
Robert Siciliano Security Analyst at Safr.me
“Vishing” occurs when criminals call victims on the phone and attempt to lure them into divulging personal information that can be used to commit identity theft. The name comes from “voice,” and “phishing,” which is, of course, the use of spoofed emails designed to trick targets into clicking malicious links. Instead of email, vishing generally rel...
07 December 2010 /security /regulation
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
The EU-commission asked the Expert Group on e-Invoicing to come up with a standard for Europe – a global one. Now it has been delivered. The global standard has now been published. Much asked for, high quality and capability – should be deployed as soon as possible. More here: https://www.finextra.com/blogs/fullblog.aspx?blogid=4693 and www.i
07 December 2010 /payments Innovation in Financial Services
In the late 80s there was a big growth boom in Finland - fuelled ao by ending tax break on profits on selling enterprises and strong credit expansion when the savings banks (inexperienced corporate lenders) were deregulated and started to aggressively push into foreign currency lending. All this new liquidity tried to find safe havens - stock pric...
07 December 2010 /retail /wholesale Whatever...
David Divitt Senior Fraud Product Manager at VocaLink
The reduction in fraud levels seen in Australia once again reiterate the potential savings that can be delivered if countries roll out EMV technology, and it will be interesting to see if the current non-EMV countries such as the US reconsider their stance as these stories continue to come through. However, the rise in CNP fraud in Australia shows...
07 December 2010 /security /payments
Retired Member
No doubt at this end of town the banking expose to come is on many a mind. It may be larger and more far reaching than anticipated. Anarchy is the description I've heard bandied about by some of the more misguided souls in relation to wikileaks. wikileaks has merely revealed the anarchy (or some of it) that we are all participants in. Ask your fath...
07 December 2010 Whatever...
Brett King CEO & Founder at Moven
The major news feeds of the world are buzzing with the arrest of Wikileaks founder Julian Assange in London today. Assange was arrested based on an extradition request from the Swedish government, issued last week. Swedish authorities had issued the warrant for Assange so they can talk to him about sex-crime allegations supposedly unrelated to Wi...
For several weeks now, I’ve watched in amazement as the Bombay Stock Exchange’s benchmark index traded at barely 10% off its highs of January 2008. While India may be an outperformer, that still does not take away from the fact that worldwide, economic recovery has come at a pace few anticipated. Does this mean that we have gone back to where we w...
07 December 2010 /regulation Innovation in Financial Services
Interesting to see the latest figures from Australia released today, which show the impact that Chip and PIN can make on fraud. Skimming attacks committed domestically and overseas on Australian cards both fell, and the number of skimming attacks committed in Australia on overseas cards also fell significantly. As was the case when Chip and PIN w...
07 December 2010 /payments
Every U.S.-based credit card has a magnetic stripe on the back. This stripe can be read and rewritten like a rewritable burnable CD, using card burners that are easily available online. The simplicity of the magstripe’s design, coupled with the availability of card reading and writing technology, results in billions of dollars in theft and fraud. E...
06 December 2010 /security /regulation
Despite Information Commissioner doling out his first-ever fines for Data Protection Act breaches, the UK consumer wants tougher penalties for those deemed to be wrong-doers. Isn’t it great when you finally hear something completely unprovoked – and isn’t it also sweet music to your ears? It appears the ever-sharp UK consumer has obviously been r...
06 December 2010 /security /regulation Information Security
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