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The New Zealand stock exchange continues to grapple with a crippling cyber attack that has knocked the main market offline for the fourth day in a row.
28 August 2020
South Korea's DGB Daegu Bank has teamed up with SK Telecom to boost its mobile app's security with 5G quantum cryptography technology.
US authorities are warning that a North Korean-controlled hacking team called the BeagleBoyz has stepped up its attacks on banks around the world, attempting multiple fraudulent money transfers and ATM cash outs.
27 August 2020
The New Zealand stock exchange has crashed for the third day in a row, crumbling under the weight of a concerted Distributed Denial of Service attack.
Tech staff at the New Zealand Stock Exchange are catching their breath after a distributed denial of service attack took the exchange offline for the second time in as many days.
26 August 2020
Citi and Wells Fargo have joined a $35 million funding round for machine learning-based digital identity verification firm Socure.
25 August 2020
Standard Bank has acquired a 35% equity stake in digital escrow company TradeSafe Escrow, providing a means for buyers and sellers to mitigate transaction fraud.
US police have arrested dozens of suspects who exploited a bug in Santander ATMs to cash out funds using fake and prepaid debit cards.
21 August 2020
Barclays is reporting a 66% increase in scams for the first six month of this year, as criminals take advantage of lockdown pressures to line their pockets.
Credit brueau Experian has suffered a data breach that exposed the personal details of 24 million South African consumers and almost 800,000 businesses.
20 August 2020
Many victims of bank transfer fraud are being treated unfairly or inconsistently when trying to get their money back, a new Which? report reveals, as it presses for the industry reimbursement scheme to be made mandatory.
11 August 2020
Westpac is implementing new scam-detection technology across its branch network to protect against a spike in fraudulent transactions since the start of the Covid-19 pandemic.
10 August 2020
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