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Latest Results from /security

/security

Nationwide sets up cyber security training programme for new technology recruits

Nationwide is to set up a dedicated cyber security training programme for new technology employees in partnership with cyber skills builder Capslock.

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Payments Canada makes 'substantial progress' on Real-Time Rail

Payments Canada says it has made “substantial progress” on its Real-Time Rail (RTR) payments system since bringing in new technology partners.

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NAB scam warnings help Australians abandon suspect payments

National Australia Bank says customers abandoned A$48.5 million worth of payments in the past two months after getting scam warnings from the bank.

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Trio sentenced for £380 per month crime-as-a-service operation

Three men have been sentenced for running a website enabling criminals to defraud victims by circumventing banking anti-fraud checks.

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Are passkeys the future of payment authentication?

As the internet has developed, many of us have become reliant on a varying amount of passwords but our dependence on passwords has given way to just as many security risks. As such, the industry is beginning to turn to passkeys as a new promise of security and ease.

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PayPal reaches $2m cybersecurity settlement with New York regulators

PayPal will pay $2 million to settle New York State charges that cybersecurity failures at the firm led to customers' social security numbers being exposed.

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Bank of Ireland fraud prevention team received over 10,000 calls during festive period

Bank of Ireland has revealed that its fraud prevention team fielded over 10,000 calls from customers during the peak holiday period – Monday 23 December to Sunday 29 December – with more than 550 calls from customers on Christmas day alone.

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UK green fintech Tred winds up; blames APP fraud reimbursement rules

UK green fintech startup Tred is to wind down its business, blaming the shutdown on new reimbursement rules on authorised push payment fraud.

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Agentic AI: Citi GPS explores future of finance in the ‘do it for me’ economy

Citi GPS, Citi’s thought leadership product, last week released a report exploring the transformative potential of agentic artificial intelligence (AI), a cutting-edge advancement enabling AI systems to make decisions and execute tasks autonomously.

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Revolut takes on impersonation scams with in-app calls

Fintech giant Revolut is rolling out in-app calls to help retail customers quickly expose impersonation scams.

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DORA takes effect today

Today marks the deadline for compliance with the Digital Operational Resilience Act (DORA) in the EU.

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Ireland proposes legislative changes to tackle scam epidemic

Ireland's Government has committed to the establishment of a shared fraud database between financial institutions, utility companies, and payment companies, against a backdrop where scammers stole almost €100 million in 2023.