News Victims of authorised push payment scams to be reimbursed by banks from May

From May this year, victims of authorised push payment scams in the UK will have a greater chance of being …

News Personal & banking info of HSBC customers stolen in major data breach

HSBC Bank announced yesterday it suffered an incident of data breach in October that involved unnamed hackers gaining access to …

News How a North Korean hacking group has been stealing money from ATMs

The North Korean APT hacking group, Hidden Cobra, which is believed to be working for the North Korean government has …

Threats Authorised push payment scams cost the UK over £236 million in 2017

Authorised push payment scams carried out by cyber criminals helped them steal £236 million from UK consumers in 2017 and …

News Barclays and RBS Group asked for full description of technical meltdown

After Barclays and RBS Group systems suffered a meltdown at the end of last week, the Treasury Committee has demanded …

News Flaw in Fiserv’s web platform exposed bank account details of millions

Fiserv, a Fortune 500 firm and a provider of technology services to hundreds of banks and other financial institutions, featured …

Threats Banks must not blame customers for financial scams, says financial ombudsman

Banks need to do more to help customers who have lost valuable money to sophisticated fraud and scams carried out …

Breach The Information Security Peer Awards 2018

TEISS, the most influential cyber security summit in the industry’s event calendar has added another feather to its multi-plumed hat …

Cyber crime Know your customer: Tackling the anti-money laundering alert overload

By Andrew Davies, VP, Global Market Strategy, Financial Crime Risk Management, Fiserv This summer saw the introduction of the fourth …

News The great Deloitte dumpster fire…

Deloitte have been caught out. Caught out for not practising what they preach. Caught out for not following the steps …

News Will PSD2 prove to be a cyber security nightmare for banks?

In 2018, the PSD2 (Revised Payment Service Directive) comes into force and while it will break a bank’s monopoly over …

News 33% of all Brits believe that they could be victims of bank fraud in...

People's faith in security structures around online banking and banking apps seems to be dwindling, according to a new study …