Do we know what it means technically that central bank payments are secured by secret codes? [closed]

Last year it was reported that the Libyan central bank requires secret codes to make payments. This came up during a political contest over the administration of the bank, and the codes where held by the long standing but recently dismiss… Continue reading Do we know what it means technically that central bank payments are secured by secret codes? [closed]

Do we know what it means technically that central bank payments are secured by secret codes? [closed]

Last year it was reported that the Libyan central bank requires secret codes to make payments. This came up during a political contest over the administration of the bank, and the codes where held by the long standing but recently dismiss… Continue reading Do we know what it means technically that central bank payments are secured by secret codes? [closed]

Arvest Bank CISO on building a strong cybersecurity culture in banking

In this Help Net Security interview, Mike Calvi, CISO at Arvest Bank, discusses building a strong cybersecurity culture within the banking sector. He explains how leadership, effective reporting, and proactive engagement with associates are key in stre… Continue reading Arvest Bank CISO on building a strong cybersecurity culture in banking

Android malware uses NFC to steal money at ATMs

ESET researchers uncovered NGate malware, which can relay data from victims’ payment cards via a malicious app installed on their Android devices to the attacker’s rooted Android phone. Attack overview (Source: ESET) Unauthorized ATM withdrawals The ca… Continue reading Android malware uses NFC to steal money at ATMs

Stolen, locked payment cards can be used with digital wallet apps

Fraudsters can add stolen payment cards to digital wallet apps and continue making online purchases even after victims’ report the card stolen and the bank blocks it, computer engineers with University of Massachusetts Amherst and Pennsylvania St… Continue reading Stolen, locked payment cards can be used with digital wallet apps

Open Banking: How can a TPP integrate their mobile app with a bank’s APIs without breaking the security profile

I’ve been researching UK Open Banking and getting to know the in and outs of the FAPI advanced security profile.
My question is based on the following premises (and I think I’m probably either misunderstanding something or missing a key fa… Continue reading Open Banking: How can a TPP integrate their mobile app with a bank’s APIs without breaking the security profile