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Security News & Media

EAST welcomes representative from South Africa

April 14, 2015

The South Africa Banking Risk Information Center has become a national member; SABRIC was formed to help FIs and CITs across Africa combat bank-related…

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Early Warning, BioCatch partner on fraud prevention for FIs

April 14, 2015

Financial services organizations can now acquire and share behavioral intelligence to improve visibility of digital threats and reduce new account fraud and…

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New best practices guide takes aim at ATM malware

April 10, 2015

ATMIA's 'Best Practices for Preventing ATM Malware, Black Box and Cyber-Attacks' explains how ATM malware works and how to detect it.

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Internal ATM cash theft: The toughest temptation

How can we better design ATMs and their security systems to reduce the opportunity — and the rewards — for internal theft?

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'Look Ma, no hands!' Apple patents button-free facial ID

April 6, 2015

The company has been granted a U.S. patent for technology that employs facial recognition to unlock and lock a device — entirely without the use of buttons.

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FFIEC releases statements, resources to combat cyberthreats

April 3, 2015

Documents from the Federal Financial Institutions Examination Council are meant to help financial institutions identify and mitigate cyberattacks.

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EMV Migration Forum publishes paper on EMV PIN change at ATM

April 1, 2015

'Implementing EMV at the ATM: PIN Change at the ATM,' provides guidance for deployers thinking about adding the facility for PIN change at the ATM.

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An industry first: ATM cardless cash app from FIS gets biometric security

April 1, 2015

This month The Bancorp will become the first FI to roll out the new security feature for its mobile app from FIS.

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Financial pros have faith in EMV

March 31, 2015

New research indicates a high level of confidence in EMV technology as a weapon in the fight against credit and debit card fraud.

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New CSI service rates cybersecurity risk

March 27, 2015

The service is designed to help FIs gauge risk associated with their cyberpresence and evaluate the need for additional security measures.

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Payment card fraud trends and stats examined in new report

March 27, 2015

The Mercator report discusses fraud rates by type, including counterfeit card, lost or stolen card, card ID theft, intercepted mail, and card-not-present.

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EAST releases first European fraud report for 2015

March 27, 2015

ATM skimming was reported by 19 of 21 countries, and the use of internal card reader skimming devices appears to be on the rise.

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Global uptake of biometrics expected to rise in 2015

March 27, 2015

Companies are introducing voice and face biometrics, investigating innovative methods of consumer ID management, and adding improved security features.

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Smart Card Alliance lays out real cost of data breach

March 25, 2015

By the end of 2014, the average cost to a business affected by a data breach stood at $5.9 million, the alliance says.

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Study finds 330 million payment cards 'in the clear'

March 24, 2015

More than 6 in 10 businesses store unencrypted cardholder data, SecurityMetrics says.

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How does Apple Pay lead to more fraud?

Crooks have been using a surprisingly low tech tactic to worm their way around Apple Pay's tokenization and biometric safeguards.

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FFIEC to debut cybersecurity self-assessment tool

March 19, 2015

Financial institutions will be able to use the tool to evaluate their readiness to identify, mitigate and respond to cyber threats.

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ATM cassette protection company will double output in 2015

March 19, 2015

Scotland's Scotia Security Group is also moving forward with previously announced plans to expand into the US market this year.

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3VR intros network video option for ATM installations

March 19, 2015

The 2100 series NVR was developed for installations where space is at a premium and high heat can be a problem.

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Survey: Companies' No. 1 fear from DDoS attack is lost business opportunity

March 19, 2015

Reputational risk and the loss of current customers as the result of an attack are also high on the list of concerns, Kaspersky finds.

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