£500 Million in Fraudulent Transactions Catalyst for Banks to Revamp Fraud Strategies
More than £500m was stolen from customers of British banks in the first half of 2018, according to Industry group UK Finance. Whilst £145m of...
Category : Cybersecurity
Security and Compliance Concerns Eroding Confidence in the Cloud
Concerns around cybersecurity and data protection are eroding confidence levels in the cloud, according to a new report from Advanced. The British software and services company...
CrowdStrike Intelligence finds eCrime Group Shifts Approach to Targeted Attacks
Last month saw a coordinated effort by the Stardust Chollima (known to support the Democratic People’s Republic of Korea, DPRK), to hack cash machines in...
Databarracks Praises Bristol Airport’s Fast Reaction to Ransomware Threat
Recently, Bristol Airport’s administration systems were infected by ransomware. The airport was forced to take a cautious approach and shut down applications including its digital flight information displays, forcing...
Indiegogo Chooses Onfido to Keep Fraudsters out of Crowdfunding
Identity verification specialist Onfido has announced that crowdfunding platform Indiegogo is using its AI-led identity verification to ensure that fraudsters are kept off of the Indiegogo...
Financial Services Under Constant Attack From Malicious Bots
According to the Akamai 2018 State of the Internet / Security Credential Stuffing Attacks report, worldwide malicious login attempts are on the rise. Findings from the report...
Recordsure Strengthens Compliance Offering With The Bunker
Analytics and automation tech company, Recordsure, is evolving its offering with the help of data centre and managed service provider, The Bunker. Recordsure, which has been growing...
Study Shows Women Make Up 18% Of Cybersecurity Industry
As part of our annual research into the gender pay gap in cyber security, BeecherMadden has reviewed the number of women within the industry. Recently,...
Expert Calls For Tighter Controls In Wake of BA Data Breach
It was reported earlier today that British Airways has suffered a large scale data breach, compromising nearly 380,000 card transactions and it was reported that...
MagicCube CEO: ‘Innovation Is Outrunning Security’
Security continues to be an industrywide challenge. The pace of innovation is outstripping today’s security infrastructure, creating an immediate need to secure digital information exchanges...