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Latest Results from /security

/security

New malware strain hits Eastern Asia

A new phishing malware strain that mimics legitimate apps to steal user credentials and banking data has emerged in Eastern Asia.

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Customer loses £60,000 to criminal posing as Santander's head of fraud

A customer of Santander Bank had £60,000 scammed from her account after transferrring funds to a criminal impersonating the bank's head of fraud, Chris Ainsley.

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ECEX ensures AML compliance with facial recognition at currency exchage machines

Currency exchange machines featuring facial recognition technology have been installed in a variety of airports and travel hubs across Europe in a bid to clamp down on money laundering.

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UK government pledges crackdown on text-scammers

The UK government has promised a crackdown on "text-scam misery", rolling out a raft of new measures to fight back against fraud.

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Weaknesses in bank mobile app security are exposing customers to fraud - Which?

Weak banking security measures are leaving customers dangerously vulnerable to fraud on stolen phones, Which? warns.

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Sweden's BankID launches digital identity card

Bank-owned Swedish digital identity service provider BankID is launching a digital ID card.

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IDPartner raises $3.1m for bank-based ID verification system

IDPartner, a startup providing online identity verification through a network of financial institutions, has raised $3.1 million in a seed funding round led by Abstract Ventures.

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CFPB fires employee who sent consumer data to personal email

The Consumer Financial Protection Bureau (CFPB) says it has suffered a data breach which saw an employee forward the personal information of more than quarter of a million Americans to a personal email account.

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FS giants prep for cyber defence exercise

The Financial Services Information Sharing and Analysis Center (FS-ISAC) has brought together nearly 30 financial firms for a Nato live-fire cyber defence exercise.

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NCR POS business Aloha hit by ransomware attack

NCR has been hit by a ransomware attack afflicting its Aloha POS system for the hospitality industry.

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Communications surveillance outfit VoxSmart raises $12m

London-based communications surveillance group VoxSmart has raised $12 million in funding from existing investors, including ToscaFund.

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Latitude Financial refuses to bow to ransomware demands

Australian consumer lender Latitude Financial has received a ransom demand from the criminals behind a cyber attack last month that lifted 14 million customer records, including drivers licences, passports and financial statements