Latest Security News: Finextra Research

Danish data protection watchdog launches criminal case against Danske Bank

The Danish Data Protection Agency (DPA) has filed a criminal complaint against Danske Bank for violation of General Data Protection Regulations.

05 April 2022

/security

Santander UK CIO joins biometric outfit iProov

Biometric face authentication technology company iProov has hired Miguel Traquina, Santander UK's chief information officer for operations and economic crime, as CIO

05 April 2022

/security

Millions of Brits risking fraud by ignoring Confirmation of Payee warnings

Millions of Brits are putting themselves at risk by ignoring warnings that bank account details do not match when making a transfer, according to research from Lloyds Bank.

01 April 2022

/security

Apple looks to bring payment processing in-house - Bloomberg

Apple is working to bring a host of financial services work, including payments processing, in-house to reduce its reliance on outside fintech partners, according to Bloomberg.

31 March 2022

/security

Effectiv raises $4m for fraud management platform

Effectiv, the US startup behind a no-code risk management platform for mid-sized banks, credit unions and fintechs, has raised $4 million in seed funding.

30 March 2022

/security

FCA records 50% rise in serious cyber incidents at UK firms

Cyber incidents reported to the UK's Financial Conduct Authority in 2021 are up by over 50%, with a fifth involving ransom software.

29 March 2022

/security

Anonymous dumps 28GB of data stolen from Russian central bank

Hacking collective Anonymous claims to have released 28 gigabits of documents pilfered from the Central Bank of Ruissia.

28 March 2022

/security

NextGen Nordics: Danske Bank announces Trade AI app

Ahead of our NextGen Nordics conference on the 27th of April 2022, we will be putting together a weekly briefing of selected top stories that are emerging out of the region and setting the blueprint for payments innovation across Denmark, Finland, Iceland, Norway, and Sweden.

25 March 2022

/security

Avast acquires Canada's SecureKey Technologies

Digital privacy outfit Avast has acquired SecureKey Technologies, the blockchain-based digital identity company behind Canada's Verified.Me and Australian digital identity exchange ConnectID.

25 March 2022

/security

Anonymous hacks Central Bank of Russia

Hacking collective Anonymous claims to have broken into the Central bank of Russia.

24 March 2022

/security

Cybercriminals demand $15 million ransom for return of hacked TransUnion data

Hackers are demanding a $15 million payment for the return of 54 million customer records stolen form a server operated by credit bureau TransUnion in South Africa.

21 March 2022

/security

Online retailers warned of lost sales as SCA comes into effect

Online retailers are being warned to be prepared for the introduction of Strong Customer Authentication (SCA), the biggest change to payments since Chip & Pin rolled out 16 years ago.

14 March 2022

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