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Security News & Media

GPS steps up fraud prevention with StrongHold risk management

November 11, 2015

The multinational processing company says it has teamed with Latvia's D8 Corp. for real-time management of fraud incidents.

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Study: People use their mobiles everywhere ...

November 10, 2015

As if you didn't know, right? But what's surprising is how little thought goes into protecting the vital information we store on them.

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Fractals update delivers intelligent card, e-banking fraud detection

November 5, 2015

In addition to financial transactions, Fractals monitors nonfinancial details such as login attempts, personal data changes and creation of new recipients …

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Survey: For payment safety, consumers trust banks the most

November 4, 2015

Three-quarters of consumers trust banks to protect their payments, while only 1 percent trust major retailers or telecom companies to do so, an ABA study finds.

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FFIEC issues statement on 'cyberextortion'

November 3, 2015

The Federal Financial Institutions Examination Council warns of an increase in cyberattacks that seek to extort payment from FIs in return for the release of…

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Card brands and issuers needled about PIN

In advocating for credit chip and PIN, US retailers are using the same 'consumer security' pitch against the card brands that the brands once used to sell EMV…

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Hitachi, ITCL team for 'massive' biotech rollout in Bangladesh

November 2, 2015

Information Technology Consultants Ltd. of Bangladesh says it will deploy 'tens of thousands' of finger vein authentication devices at ATM and POS terminals.

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Early Warning intros Authentify single-interface authentication

October 27, 2015

The new solution ​simplifies the management of identity risk and unifies authentication across all channels, the company says.

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US FIs form secure real-time payments network

October 27, 2015

Early Warning, the fraud protection and risk management arm of major US banks, will acquire clearXchange, the nation's largest bank-owned digital payments…

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Securitas to acquire Diebold NA electronic security business

October 27, 2015

Following the acquisition, Securitas will serve as Diebold’s preferred supplier for electronic security solutions, the companies say.

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Turkey joins European ATM Security Team

October 23, 2015

Bankalararasi Kart Merkezi A.S. will report national incident and loss statistics for ATM-related fraud and physical attacks in Turkey.

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The 'Rashomon'-ization of EMV

October 21, 2015

As in the Japanese film 'Rashomon,' ABA and NACS Wednesday presented pictures of EMV migration so divergent, it seems possible that they weren't describing the…

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Fifth Third plans to launch new commercial card mobile app

October 21, 2015

Cardholders will be able to suspend and unsuspend card accounts and have push notifications sent to their mobile device.

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Partners debut secure ATM-based card loading for mobile wallet

October 21, 2015

Xpression SafeLoad uses 'inherently secure' ATM network architecture to ensure fraud-free onboarding of payment cards to a mobile wallet.

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UK company intros system designed to foil ATM gas attacks

October 19, 2015

The Gryphon3 intelligent vault protection system was developed to prevent criminal gangs from blowing up ATMs and making off with their contents.

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International law enforcement targets next-gen banking malware

October 15, 2015

Dridex was developed by cybercriminals to harvest online banking details, which are then used to steal money from individuals and businesses worldwide, Europol…

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Low-tech attacks drive increase in European ATM crime

October 15, 2015

Card-skimming attacks fell by 18 percent during the first half of the year compared to 2014; card-trapping incidents rose by the same percentage.

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Worldpay tests fraud-preventing facial recognition technology

October 13, 2015

A prototype PIN entry device camera incorporates low-cost, readily available facial recognition technology into a card terminal that 'learns' the cardholder's…

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OAB steps up skimming protection with NCR solutions

October 9, 2015

Oman Arab Bank will use the NCR Solidcore Suite for APTRA and Anti-Skimming SPS technology to secure its banking channels against potential points of…

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Is impatience making us digital amnesiacs?

October 8, 2015

​Half of Americans will Google an answer before they'll try to remember it — and then, eight seconds later, forget the answer they got from Google, says…

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