Fraud Costs Businesses Nearly 8% of Their Equivalent Revenues Globally, TransUnion Reports
- 7 months 2 weeks ago
- Cybersecurity
Fraud is draining business resources at an alarming and unprecedented rate.
Four in Five Brits Expect Bank Fraud and Cyber-Attacks to Become a Bigger Issue by 2030 – the Highest in Europe
- 7 months 3 weeks ago
- Cybersecurity
UK consumers are the most likely to think that fraud will become a bigger issue for banks and insurers in the next five years, compared to other European countries. The new findings from CRIF, Europe’s leading provider of consumer and credit information, shows that four in five Brits (84%) expect the scale of fraud to become an even bigger issue between now and 2030, with the level of expectation higher than in Germany (80%), France (77%), Italy... more
APIs Become Primary Target for Cybercriminals: Over 40,000 API Incidents in First Half of 2025
- 8 months 2 weeks ago
- Cybersecurity
Thales has announced the findings of its latest API Threat Report (H1 2025), warning that APIs – the behind-the-scenes connectors powering apps, payments, and logins – have become the primary target for cybercriminals.
S-RM Announces New Partnership With RingStone to Deliver Combined Technology and Cyber Due Diligence Services
- 8 months 3 weeks ago
- Cybersecurity
Leading global cybersecurity and corporate intelligence consultancy S-RM has announced a new partnership with RingStone, a leading technology due diligence provider, to make it easier for investors to review both technology and cybersecurity risks when buying or backing companies.
CyberCube Launches Exposure Manager, Enabling a New Standard of Cyber Health and Exposure Data Across the Insurance Value Chain
- 8 months 3 weeks ago
- Cybersecurity
CyberCube, the global leader in cyber risk analytics for the insurance industry, today announced the launch of Exposure Manager (XM), the first and only tool that allows (re)insurers to evaluate cyber risk across entire portfolios efficiently with powerful, quantified data, with adoption from several leading global (re)insurance companies already.
Zimperium Discovers New Hook Banking Trojan Variant with Most Advanced Capabilities to Date
- 9 months 4 days ago
- Cybersecurity
Zimperium’s zLabs research team has identified a new variant of the notorious Hook Android banking trojan, now equipped with some of the most advanced capabilities seen in mobile malware to date. Dubbed Hook v3, this variant expands its arsenal to 107 remote commands, including 38 newly added, enabling attackers to steal data, hijack sessions, and bypass device defenses with unprecedented sophistication. Among its most alarming new features:
Incode Joins Experian Partner Ecosystem Strengthening Fraud Prevention Solutions
- 9 months 4 days ago
- Cybersecurity
Experian today announced the integration of Incode Technologies, Inc. (“Incode”) into the Experian Ascend Platform™. This collaboration will enable seamless, secure and efficient identity validation for over 1,800 global clients across industries including financial services, automotive, healthcare and digital marketing.
Beyond Deepfakes: Why Injection Attacks Are the Next Major Threat
- 9 months 2 weeks ago
- Cybersecurity
As artificial intelligence becomes more widespread, digital fraud is also evolving and increasing. Jumio, the leader in AI-powered identity intelligence anchored in biometric authentication, automation and data-driven insights, warns about the rise of injection attacks as one of the most sophisticated and difficult-to-detect threats in identity verification processes.
FCA Closes 1,600 Websites As It Fights Financial Crime
- 10 months 2 weeks ago
- Cybersecurity
The FCA’s annual report sets out how it has used data and technology to crack down on harm in financial services.
BNY Announces 2025 Ascent Program Graduates, Advancing Innovation in AI and Cybersecurity
- 10 months 3 weeks ago
- Cybersecurity
BNY today announced the successful graduation of five cutting-edge AI and cybersecurity startups from its 2025 Ascent Program, a structured proof-of-concept (POC) platform designed to help early-stage companies validate their solutions in real-world financial services environments.
One in Every Fifty Children Falls Victim to Identity Theft Each Year
- 11 months 3 weeks ago
- Cybersecurity
LSEG Risk Intelligence today publishes a report drawing attention to the global rise in child identity theft. The report calls out the impact of child identity theft, the risks to financial institutions, and highlights the growing threat of synthetic identity fraud. It outlines practical actions financial institutions may adopt immediately such as identity, age and third-party verification together with transaction monitoring for child-linked... more
Coinbase Selects Irdeto to Disrupt Piracy and Cybercrime
- 12 months 2 days ago
- Cybersecurity
Irdeto, the world leader in digital platform security, today announced a partnership with Coinbase, the leading cryptocurrency platform in the United States.
Apple's App Store Prevents Over $9 Billion in Fraudulent Transactions Over Five Years
- 12 months 4 days ago
- Cybersecurity
Since launching in 2008, the App Store has been a safe and trusted place for users and a vibrant marketplace for developers to grow their businesses around the world. In the last five years, the App Store has protected users by preventing over $9 billion in fraudulent transactions, including over $2 billion in 2024 alone, according to Apple’s annual App Store fraud analysis.
Cyber Fraud Threatens Small Businesses in Europe – One in Four Small Businesses in Europe at Risk of Closure Due to Cyber Fraud
- 1 year 11 hours ago
- Cybersecurity
Mastercard’s European Cyber Resilience Centre (ECRC) in Waterloo Belgium celebrates its 1st year anniversary and enhances its role in protecting the European digital ecosystem. New research from Mastercard of more than 1,800 small business owners in Europe uncovers a worrying trend: 1 in 4 (25%) entrepreneurs have been targeted by fraudsters, with the highest rates reported in Ireland (38%), Denmark (35%), and France (29%).
Mastercard Launches Cyber Resilience Center in Saudi Arabia
- 1 year 12 hours ago
- Cybersecurity
Mastercard has launched its Cyber Resilience Center, an initiative that brings together key players from the financial sector to foster collaboration and support shared goals in building a secure commerce and payment ecosystem in the Kingdom. This is Mastercard’s first initiative in Middle East, extending the company’s global network of cyber resilience centers which includes locations in Europe and the United States.
