24 July 2014
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Pat CarrollValidSoft - London

FCA needs to think about mobile telecommunications

03 September 2013  |  2272 views  |  0  |  Recommends 0

The UK's Financial Conduct Authority (FCA) has published an interim report exploring some early findings of a review into mobile banking services, setting out the possible risks to consumers and are...

TagsSecurityMobile & onlineGroupInnovation in Financial Services
Pat CarrollValidSoft - London

USD300million and rising, will security catch-up?

29 July 2013  |  3682 views  |  1  |  Recommends 0

The breaking news from the US indicating that over 160million credit and debit card numbers have been stolen, whilst not unpredictable, is still quite staggering. Early estimates suggest around $3...

TagsCardsSecurityGroupInnovation in Financial Services
Pat CarrollValidSoft - London

Slowly but surely, SIM Swapping is moving up the fraud chain

03 June 2013  |  3692 views  |  0  |  Recommends 0

I am still finding it hard to meet industry people who know much about SIM Swap fraud. The latest report on the ABSA and MTN initiative shows the urgency of getting to grips with this insidious and no...

TagsSecurityMobile & onlineGroupInnovation in Financial Services
Pat CarrollValidSoft - London

Experian figures show just why we need EC3

24 July 2012  |  5056 views  |  0  |  Recommends 0

Experian figures show just why we need EC3 and an industry strategy for countering Cyber Crime Following recent news from Experian that more than 12 million pieces of personal information have been...

TagsSecurityOnline bankingGroupInformation Security
Pat CarrollValidSoft - London

Protecting Pin Pad Payment

18 July 2012  |  4182 views  |  1  |  Recommends 0

It was interesting to read in the FT's special on 'Cyberwarfare' recently which identifies that pin pad payment terminals pose a security risk for millions of consumers. According to MWR InfoSecuri...

TagsCardsSecurityGroupInnovation in Financial Services
Pat CarrollValidSoft - London

Combating global cyber crooks

28 June 2012  |  4128 views  |  1  |  Recommends 0

This week two large-scale fraud scams caught my attention. The first scam sees fraudsters using new and improved Zeus and SpyEye malwares to infiltrate people’s computers, enabling them to steal thei...

TagsSecurityOnline bankingGroupInformation Security
Pat CarrollValidSoft - London

Securing our social media identity

19 June 2012  |  2912 views  |  2  |  Recommends 0

We now live in the age dominated by social media networking channels in which people feel compelled to tell the world intimate details of their daily lives. This inevitably leads to a tendency to over...

TagsSecurityRetail bankingGroupInnovation in Financial Services
Pat CarrollValidSoft - London

Shaping the future of mobile banking

01 June 2012  |  3720 views  |  1  |  Recommends 0

I took part in a panel debate on the future of mobile banking this week and it was a delight to hear the debate on what mobile banking might shape up to be. It is obvious that mobile banking is still...

TagsSecurityOnline bankingGroupInnovation in Financial Services
Pat CarrollValidSoft - London

Securing faster payments

24 May 2012  |  2916 views  |  0  |  Recommends 0

The world is moving faster − the payments world that is. The smartphone has revolutionised the way we live, the way we pay for things and the way we bank. The payments and banking industry has stepped...

TagsSecurityPaymentsGroupInnovation in Financial Services
Pat CarrollValidSoft - London

MITB type attacks put customers off banking online

22 May 2012  |  3709 views  |  2  |  Recommends 0

The fact that 64 % of respondents cited security concerns as a factor preventing them from migrating wholly to online banking doesn’t come as a surprise to me. Why? Because what we’re hearing from the...

TagsSecurityOnline bankingGroupOnline Banking
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