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Latest Results from /security

/security

Survey finds UK shoppers are frustrated with SCA

More than a third of UK shoppers have been unable to complete an e-commerce transaction because of new strong customer authentication (SCA) rules, according to a survey for Signifyd.

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Ant Group open sources privacy software

Chinese fintech behemoth Ant Group has made its "privacy-preserving Computation Framework" open source.

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CBA boosts AI tech for scam protection

The Commonwealth Bank of Australia (CBA) is boosting AI technology across its digital banking platforms in efforts to stamp out “disturbing” scams targeting their customers.

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UK Finance reveals huge rise in APP fraud

The lastest fraud figures released by UK Finance reveal a huge rise in authorised push payment (APP) fraud in 2021, with losses 39% up on the same period in 2020.

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Caceis recruits Taurus for digital custody offering

France-based Caceis is the latest asset servicing firm to announce plans to develop its custody service for digital assets.

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India proposes tougher IT outsourcing rules for banks

India's central bank, the Reserve Bank of India (RBI), is set to introduce new rules for IT outsourcing within the financial services sector.

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Cash trap crims get four year jail terms

Two men who used cash trap devices at ATMs to steal customer withdrawals have been sentenced at the Inner London Crown Court to a combined total of four years and six months in prison.

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Flagstar Bank hackers steal data on 1.5 million customers

US-based Flagstar Bank has suffered a data breach that has hit over 1.5 million customers.

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Crook jailed for selling software to compromise bank accounts

A man has been sentenced to four and a half years in prison by a London court for selling criminals access to computer software that enabled them to compromise bank accounts.

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Fidor Bank to test fingerprint cards

Fidor Bank in Germany is to pilot biometric payments cards from Zwipe in the second half of 2022.

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MonetaGo pivots from blockchain to cloud citing scalability issues

MonetaGo is ditching blockchain for a shift to the cloud after almost a decade of using distributed ledger technology for its trade finance fraud prevention product.

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Riksbank's Skingsley appointed head of BIS Innovation Hub

The Bank for International Settlements has appointed Riksbank's Cecilia Skingsley as head of the BIS Innovation Hub.