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Latest Results from /security

/security

IBM’s Bharat Bhushan on strengthening customer trust in digital banking

A recent YouGov and IBM survey has found that 82% of UK citizens cited data security and privacy as their top priorities when using digital banking following the Covid-19 pandemic. Furthermore, 43% of respondents said they wanted their banks to launch more cyber-security and privacy features.

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Bank of America granted record number of patents

Bank of America is boasting a record 227 US patents granted in the first half of the year, with AI and machine learning the area seeing the most action.

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BBVA ships dynamic CVV cards to Latin America

BBVA is exporting its Aqua card model to Latin America after issuing one million of the dynamic CVV cards in Spain.

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Hackers steal more than $90m from Liquid crypto exchange

Japanese cryptocurrency exchange Liquid says hackers have compromised some of its wallets and stolen more than $90 million.

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Hacker behind $610m crypto heist in line for reward for returning assets

After returning nearly all the $610 million in cryptocurrency that they stole earlier this week, a hacker has been offered a $500,000 "bug bounty" by the Poly Network.

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Polynetwork says crooks have returned some of $610m hack haul after Twitter plea

Polynetwork, a platform that helps link blockchains together, says that its Twitter plea to hackers to return the $610 million in recently stolen cryptocurrency has begun to pay off, with several million already handed back.

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Global fintech investment rebounds to hit $98bn in H1

Global investment in fintech bounced back strongly in the first half of 2021, hitting $98 billion with a record number of deals, according to KPMG.

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Australia's eftpos boosts online payment security

Australia's eftpos Group has moved to improve the security of online payments in the country through a fraud scoring partnership and 3DS certifications.

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Woman left on hold for seven hours by HSBC after trying to report fraud

Julie, a woman from Devon who lost £3,900 after fraudsters posed as her bank spent a total of seven hours on the hold at HSBC, racking up a £50 phone bill, as she tried to report the fraud.

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Feedzai adds behavioural biometrics to its arsenal with acquisition of Revelock

Fresh from a $200 million funding round earlier this year, Feedzai has acquired behavioural biometric platform Revelock to provide an additional layer of transaction protection as more shoppers - and crooks - move online.

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SAP jumps aboard IBM Cloud for Financial Services.

German software giant SAP is onboarding two of its finance and data management solutions to IBM Cloud for Financial Services.

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Misleading crypto ads to be targeted by UK watchdog

The UK's Advertising Standards Authority (ASA) is set to issue a crackdown on misleading cryptocurrency advertisements.