Online ‘classes’ in how to commit card fraud are available on the dark web, making it easier for novices to find ways of committing financial crime. Online tutorials were exposed by UK-based Featurespace, a provider [...]
Businesses have woken up to the fact that cyber risk is one of their biggest concerns, joining business interruption in joint first place in the Allianz Risk Barometer for 2019.This influential [...]
From a regulatory perspective, the cryptocurrency sector, known as the wild west of finance, is poised to be tamed with many operating within the sector strongly in favor of more compliance as they seek to [...]
Whilst many believe prevention of security breaches provide the best course of action there are still no guarantees that organizations aren’t still vulnerable to ransomware attacks even if they do [...]
Read the news and it would appear the authorities have been cleaning up when it comes to apprehending cyber criminals. This year has seen a swathe of high profile arrests including: […]
Messaging app WhatsApp has over a billion global users sending around 55 billion messages daily. It’s free, easy to use and has no advertising, so no wonder it’s so popular. Clearly, Facebook also saw the [...]
The Equifax data breach -- which may have exposed the credit card and social security information of as many as 143 million U.S. customers -- doesn’t just have consumers concerned: Businesses are realizing their vulnerability [...]
Cybersecurity is everyone’s job Cyber risks cannot be combatted by the IT department alone, especially if they are put upon with requests outside of cyber security initiatives. Similarly, technology that serves singular purposes can [...]
Perhaps, as a risk manager, you feel digital currencies are somewhat peripheral? They remain on the fringes of financial markets and connection with criminality causes many to treat them with caution. Except that Bitcoin – [...]
Risk managers have long been wise to their existence, but increasingly sophisticated email scammers continue to earn rich pickings. Last year, Action Fraud said it received some 8,000 reports of phishing scams every month and [...]
Impersonation for financial gain is nothing new, but companies of every description now face increasingly sophisticated fraudsters who are taking the crime to a whole new level. No wonder for risk managers that social engineering [...]
The latest facts and figures around cyber security make alarming news. Big business or SME, it doesn’t matter, as attacks are indiscriminate and on the rise. Last year, consultant PwC said cyber-crime was the fastest [...]
