Gone in 60 seconds - Ransomware’s reality
- 7 years 10 months ago
- Security, Data Protection, Fraud Detection
Timico , cloud service provider in partnership with Datto , a business continuity solutions provider, reveals research findings that the effects of Ransomware attacks on finance companies cause substantial financial cost and immeasurable data loss. However, there is an alarming lack of awareness when it comes to being prepared, with over half of UK banking and insurance firms having no official Ransomware policy, to guide employees on what to do... more
Lack of trust among UK consumers towards financial data protection
- 7 years 10 months ago
- Security, Data Protection, Fraud Detection, Security
According to ACI Worldwide, majority of UK consumers have doubts about the ability of businesses and financial institutions to manage confidential data safely. For instance, 19 percent of respondents say they do not trust firms to protect their data and 33 percent responded they are unsure. Confidence levels were similar across the globe and only three countries had more than 50 percent of respondents indicated that they trust institutions to... more
EC Wise Joins FICO’s Enterprise Security Score partner program
- 7 years 11 months ago
- Security, Data Protection, Fraud Detection, AML and KYC
Cybersecurity solution provider and systems integrator EC Wise and Silicon Valley analytic software firm FICO announced today that EC Wise has joined FICO’s Enterprise Security Score partner program.
Icon Solutions Partners with Featurespace to Provide Real-time Fraud Protection for Instant Payments
- 7 years 11 months ago
- Security, Fraud Detection
Icon Solutions the specialist provider of instant payments technology, has today announced that it is partnering with Featurespace, the world’s leading supplier of Adaptive Behavioural Analytics technology.
Credit Card Frauds 101: Modus Operandi
- 7 years 11 months ago
- Security, Fraud Detection
US$ 500 million is lost every year to fraud credit card fraud. More the online transactions - more the more the probability of falling prey to credit card fraud. Here's a sneak peek in to the methods fraudsters use.
Western Union Announces Agreements With U.S. Investigations on Anti-fraud Program
- 7 years 11 months ago
- Security, Fraud Detection
Settlements relate to conduct that mainly occurred 2004 to 2012; Company has increased compliance funding 200 percent in the last five years; Business performance for 2016 in line with previous outlook
FICO joins forces with Ethoca to improve CNP Fraud management capabilities
- 7 years 11 months ago
- Security, Fraud Detection
Ethoca, the industry standard for collaboration-based technology solutions that enable card issuers and online merchants to increase card acceptance and stop e-commerce fraud and disputes, today announced a partnership with Silicon Valley analytic software firm FICO.
Globalplatform Empowers the Web to Access Advanced Security Services
- 7 years 12 months ago
- Fraud Detection, Security
GlobalPlatform has defined a standardized communications interface between web applications and secure element (SEs), which will enable developers of web services to build in advanced security features to protect online services against many types of attack and fraud.
Keystone Bank Opts for NetGuardians
- 8 years 6 days ago
- Security, Data Protection, Fraud Detection
Swiss FinTech leader NetGuardians has been selected by Nigeria’s Keystone Bank Limited for real-time protection against eBanking fraud. The move helps ensure compliance with the Central Bank of Nigeria’s (CBN) recently-published risk desk directive.
Financial Fraud: Greatest Hits of 2016
- 8 years 2 weeks ago
- Security, Data Protection, Fraud Detection, Compliance, AML and KYC, Security
2016 had a financial fraud being committed once every 15 seconds, compelling financial institutions to buckle up. The trend will continue through 2017 with newer, more innovative attempts. Imperative therefore to think innovatively to stay ahead of the game.
NuData Security signs agreement with Arvato Financial Solutions
- 8 years 3 weeks ago
- Security, Fraud Detection, Security
Arvato Financial Solutions, a leading global financial services provider, today announced an agreement with NuData Security, an award-winning international expert in passive behavioural biometrics, to join forces. The partnership will enable clients to focus on good customer experience, balancing complex fraud mitigation strategies in compliance with local data protection regulation.
FICO named CSO50 Award winner for its application security program
- 8 years 4 weeks ago
- Security, Data Protection, Fraud Detection, Compliance, AML and KYC
Silicon Valley analytics software firm FICO today announced that it has been named a winner in the 2017 CSO50 Awards from IDG's CSO. The company was recognised for its next-generation application security program, which accelerates the delivery of robust, secure applications.
International Contribution to Cyber Security Winner Announced in First National Cyber Awards
- 8 years 1 month ago
- Security and Compliance, Security, Data Protection, Fraud Detection, Compliance, Authentication Technology
The inaugural Scottish Cyber Awards have taken place and the successful ceremony has seen an Edinburgh firm land the award for International Contribution to Cyber Security. Edinburgh-headquartered ZoneFox were announced as the winners in the category after also scooping the Champion of Champions award. Speaking at the ceremony, James Graves, Chief Executive of ZoneFox, believes it is an honour to have received such prestigious new awards.
TOC PRESENTS ITS BIOMETRIC MOBILE CONSENT MANAGER
- 8 years 2 months ago
- Security, Data Protection, Fraud Detection, Authentication Technology
TOC BIOMETRICS, the biometrics specialist company, presents its new TOC App at the Money 20/20 global event. The consent administrator system allows users to confirm or authorize with their fingerprint and smartphone to perform tasks such as online banking login, money transfers, payments, purchases, permits, electronic signatures and so on. Through a push message, the person can answer "I am/ I do" while placing their finger on the sensor of... more
FICO Enterprise Security Score Gives Long-Term View of Cyber Risk Exposure
- 8 years 2 months ago
- Security, Data Protection, Fraud Detection
Analytic software firm FICO today launched the FICO® Enterprise Security Score, a metric that reveals the likelihood an organization will be breached due to a cyber attack. This score can be used by an enterprise to understand and shore up its defence gaps, and by third parties such as cyber insurance providers, potential partners and customers who need an objective measure of a firm’s cyber risk.
