Banking & Financial Services – Page 6

Open Banking and PSD2: Disruption or Confusion?

Posted on January 31, 2018 by Indy Dhami

If you’re not yet familiar with the concept of open banking, you’re not alone. U.K. consumer advice firm Which? reported that 92 percent of the public is unaware of the initiative, which officially launched on Jan. 13, 2018, to promote the use of application programming interfaces (APIs) to enable developers to build applications to augment […]

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Financial Malware Trends and Predictions: Organized Cybercrime Continues to Rise

Posted on January 30, 2018 by Valerie Bradford

As security tools improve, malicious actors are increasingly operating as organized cybergangs and less sophisticated actors are falling behind, according to X-Force analysis of malware trends.

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New Year, New Account Fraud: Identity Theft May Be Holding Back Your Customer Experience Resolutions

Posted on January 15, 2018 by Valerie Bradford

Financial institutions looking to improve the customer experience in 2018 should implement multilayered security solutions to crack down on identity theft and detect new account fraud.

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Multistep Authentication Is No Longer Enough for PCI Compliance

Posted on January 10, 2018 by Omner Barajas

To meet PCI compliance, organizations must implement multifactor authentication, as opposed to a multistep process, to protect the cardholder data environment from unauthorized access.

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Closing ATM Network Security Gaps to Stop Fraudsters in Their Tracks

Posted on December 21, 2017 by Serguei Tchesnokov

Banks are already privy to the threat of physical breaches, but many remain unaware of the ATM network security gaps that could enable fraudsters to access their systems.

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Ursnif v3 Emerges, Targets Australian Bank Customers With Redirection Attacks

Posted on November 28, 2017 by Limor Kessem

A new cybergang operating a recent variant of the Ursnif Trojan has planted its flag in Australia, targeting banking customers with redirection attacks.

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Canadian Business Banking Customers Hit With Targeted Phishing, Account Takeover Attacks

Posted on November 22, 2017 by Limor Kessem

A targeted phishing campaign aimed at Canadian businesses prompts users with high levels of access to divulge login credentials and authentication codes.

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