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Absa warns of data leak by rogue employee

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Absa warns of data leak by rogue employee

South African bank Absa has warned customers that a rogue employee sold on some of their personal data to an external third party.

Belgian banks enlist Auriga for shared ATM network

/security

Belgian banks enlist Auriga for shared ATM network

Belgium's big four banks have called in vendor Auriga to manage their new network of bank-neutral ATMs.

Carding forum crackdown prevents EUR40m in payments fraud

/security

Carding forum crackdown prevents EUR40m in payments fraud

Authorities have prevented around €40 million in fraud losses thanks to a three-month long operation targeting dark web carding forums, claims crime agency Europol.

SARB issues dark warning over screen-scrapers on Black Friday

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SARB issues dark warning over screen-scrapers on Black Friday

The South African Reserve Bank has warned consumers against the use of screen-scraping EFT payments, as bargain hunters flock online for the annual Black Friday shopping spree.

EBAday 2020: Finding the killer app for Request to Pay

/security

EBAday 2020: Finding the killer app for Request to Pay

Request to Pay is in danger of being an answer without a question, unless the banking and payments ecosystem can come together with the corporate world to identify a killer use case that would encourage mass adoption.

Sopra Steria to take multi-million euro hit on ransomware attack

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Sopra Steria to take multi-million euro hit on ransomware attack

IT services firm Sopra Steria says it expects the ransomware attack it suffered earlier this year to hit its operating margins by up to €50 million.

OP Financial to pilot fingerprint payment cards

/security

OP Financial to pilot fingerprint payment cards

Finland's largest financial services group, OP Financial, is to pilot the use of biomnetric fingerprint cards with local supplier TietoEvry.

Swift Community Update: Combatting the cyber threat

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Swift Community Update: Combatting the cyber threat

Whether you work at a bank or at the treasury desk of a large corporate, most of us are working remotely and becoming increasingly dependent on digital processes. This dependence can increase vulnerabilities to cyber attacks.

Crypto trading platform Liquid hacked

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Crypto trading platform Liquid hacked

Crypto trading platform Liquid is advising customers to change their passwords and 2FA credentials after being hacked in a domain name hosting attack.

Fico calls for action on Bounce Back loan fraud

/security

Fico calls for action on Bounce Back loan fraud

The UK government should start using network analytics to start rooting out the billions of pounds in potential fraud related to its coronavirus 'Bounce Back' loans, says Fico.

Electrifying cloud migration with strategy and security

/security

Electrifying cloud migration with strategy and security

The cloud can power innovation for financial institutions. As reported by McKinsey, 70% of banks are reviewing their core banking platforms and are beginning to leverage the potential that cloud-native services can deliver, as well as the offerings provided by technology vendors.

Ticketmaster fined £1.25m over data breach that led to fraud on thousands of cards

/security

Ticketmaster fined £1.25m over data breach that led to fraud on thousands of cards

Ticketmaster has been fined £1.25 million over a 2018 data breach which saw the payment details of millions of people compromised, with tens of thousands of cards subjected to known fraud.

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