Posts Tagged ‘banking’

The Truth About EMV in the US: Card-Not-Present Fraud

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Posted on 28th Aug 2013 by in Corporate

To continue our discussion about popular myths and misconceptions about EMV payment cards, let’s talk about card-not-present (CNP) fraud – the kind where the merchant never sees you or your card. In other words, the merchant never verifies that the person making the transaction is the legitimate cardholder by checking the signature or seeing that […]

Phishing is evolving – Banks must adapt to ensure security

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Posted on 23rd Aug 2013 by in Enterprise

Phishing has been around for almost as long as the internet itself, and is a continuing problem (the recent hack of Kevin Bacon’s twitter is just one of many examples). Despite being a well-known problem, criminals continue to prosper using this method of attack. As John Hawes highlighted in his recent blog, this attack method […]

How Banks Can Fight the DDoS Wars

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Posted on 1st Aug 2013 by in Enterprise

Last month I wrote about alarming trends in eBanking fraud, and how banks are staying ahead of fraudsters.  Some of the largest cyber threats have come from Distributed Denial of Service (DDoS) attacks, so this time around I wanted to look at why these are so threatening to banks. DDoS attacks have reached new levels […]

What does it take to upgrade to EMV in the U.S.?

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Posted on 16th Jul 2013 by in Corporate

EMV is quickly approaching in the US. There is no doubt that a wave of implementation is upon us. Successful migration to EMV will involve making changes to all payment systems, processes and procedures, so it is important to for card issuers and merchants alike to begin the implementation now. Lately banks and processors have […]

Mobile payment solutions: what’s your money on?

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Posted on 27th Jun 2013 by in Telecom

With consumers soon having a range of different mobile payment methods at their disposal, some may be unsure which solution suits them best. Paypal, Payzen, iZettle, Google Wallet, Square, PayWave, PayPass, ISIS and a host of others have all hit the market in recent years, giving consumers a great deal of choice when it comes […]

Fraudsters can’t Bank on eBanking

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Posted on 13th Jun 2013 by in Enterprise

As our use of the internet and eBanking services has advanced, so have the methods that criminals use to target our personal information. The number of attacks rose sharply in 2012 due in large part to shared server hacks, which are gaining in popularity (they accounted for 47% of all phishing attacks in the second […]

Banks Are Up to the Challenge of Combating Fraud

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Posted on 9th Apr 2013 by in Enterprise

When it comes to online banking fraud, the numbers tell the story: $21 billion: The amount stolen due to identify fraud. $3 billion: The amount stolen by cybercriminals from US banks, businesses and municipalities using financial malware. 39 percent: The amount of all computers infected with financial malware. 150 percent: The rate at which online […]

What are you revealing online?

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Posted on 27th Dec 2012 by in Enterprise

Social networks have led us to share more than perhaps others would care to know: your state of mind at that party last week; the apple pie you just baked; or the exciting fact that gray clouds are hovering overhead. But there are people out there who are very interested in seeing exactly what you […]

Digital security and banks go green with “corn cards”

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Posted on 16th Nov 2012 by in Corporate

What if you could make banking cards or any cards from veggies you find in your garden? Unfortunately, it is not edible, but is recyclable. It may sound too good to be true, but digital security is going green and has been for the past couple of years. People are becoming increasingly environmentally conscious and […]

What defines your personality?

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Posted on 31st Oct 2012 by in Corporate

Consider that we recently hit the seven billion population mark globally (and it’s still growing) and you’ll understand why defining personal identity is such an important issue today. That’s why we work with governments, banks and card merchants worldwide to help ensure that every individual has their own proof of identity so they can be […]