Tag: Cybercrime

Strong authentication, not ‘snail mail’, is the answer to cybercrime

In early nineteenth century England, members of the ‘Luddite’ movement protested against the onset of the industrial revolution by destroying the machinery which they believed was jeopardising their careers as skilled tradesmen. Since then the term has become synonymous with all of those who shun technological progress in favour of more antiquated methods. There is […]

Are smartphone viruses a real threat?

Today we’re using our smartphones the same way we use our computers – to surf the Web, make financial transactions, conduct business, and download software.  Increasingly, we’re also using the same device for personal and business use. So why aren’t we protecting our phones the same way we do our computers?  With rising threats of […]

Can EMV Save US Banks A Billion Dollars?

Remember a few weeks ago when I applauded Visa for announcing plans to accelerate the migration to EMV chip technology and the adoption of mobile payments?  Since then, I have been struck by a few stories in the news that really drive home what this migration will mean for the United States. First, this story […]

It’s good to talk: communication is key to tackling cybercrime

Recently, @briankrebs highlighted a Trojan attack which showed quite how sophisticated some cyber attacks are now becoming. The case in question is being investigated by German police, and involves a new piece of malware which convinces online banking customers to willingly transfer their own money into the accounts of criminals. This particular case shows that, sometimes, even a layered […]