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Latest Results from /security

/security

Monzo tackles impersonation scams with new 'status call' feature

Monzo has rolled out an in-app 'status call' feature that helps customers discern whether they're being called by a genuine bank staffer or a fraudster running an impersonation scam.

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Bank of Canada explores impact of quantum computing on CBDCs

The Bank of Canada has called in local specialist evolutionQ for a research project involving quantum-safe cybersecurity technologies for greenfield digital currencies.

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Santander warns Brits to beware of 'love language' used by romance scammers

Santander has teamed up with dating guru Anna Williamson to warn of the ‘love language’ to look out for as romance scammers hit on a third of Brits.

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NYC subway security hole lets people use card info to track journeys

A security flaw with the New York subway's contactless payments system lets people with a rider's credit card details see their travel history.

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North Korean hackers preparing to cash out $40 million in stolen bitcoin

North Korean cybercriminals are expected to dump $40 million in stolen bitcoin on the market over the coming days.

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Former bank employee jailed over £130,000 fraud

A former bank employee and his acccomplice have been sentenced to a combined total of five years and seven months in prison after stealing £130,000 from customer accounts.

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Minister orders review after Bank of Ireland IT glitch

Ireland's minister for finance has called for an investigation into the robustness of banking technology infrastructure after a technical glitch with Bank of Ireland's (BoI) mobile banking app enabled customers to seemingly withdraw free money.

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Visa faces DoJ probe into tokenisation technology pricing

The US Department of Justice is investigating Visa's policies for charging retailer more for not using its proprietary tokenisation technology, according to Bloomberg.

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Payments watchdog suggests £415,000 ceiling for APP fraud reimbursement claims

The UK's Payment Systems Regulator plans to set a £415,000 maximum reimbursement level for victims of authorised push payments (APP) fraud.

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ANZ to implement mule account detection tech

ANZ is investing in a new security capability designed to detect mule accounts being used to receive funds from scam victims and other criminal activities.

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Barclays says tech companies should be liable for scams on their platforms

Barclays is calling on tech companies to reimburse scam victims as part of four major recommendations to tackle the nation’s fraud epidemic.

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SphereX raises $8.2m for smart contract security tech

Founded by the former CISO of Bank Leumi, Israeli web3 security company SphereX has raised $8.2 million in seed funding for its technology designed to prevent crypto hacks.