31 January 2015

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Individuals can be identified from just four pieces of credit card metadata, researchers from the Massachusetts Institute of Technology (MIT) have found.

Bitcoin

Crooks net $11m in bitcoin scams - research

30 January 2015  | 2 comments | 5 tweets | 2 linkedin

Scammers have duped unsuspecting victims out of at least $11 million in bitcoin over the last four years, according to researchers from Southern Methodist University, Dallas.

Canary wharf buildings

Financial sector must improve cyber defences - BofE

23 January 2015  | 0 comments | 15 tweets | 6 linkedin

Britain's banks must do more to protect themselves from cyber attacks, says the Bank of England, following an analysis of the perimeter defences and operational resilience of 36 of the nation's top financial service providers.

With only nine months to go until the US EMV migration deadline, more than half of retailers are not ready for the switch, according to a survey from ACI Worldwide.

Computer virus

11% of Android banking apps 'suspicious' - RiskIQ

22 January 2015  | 0 comments | 23 tweets | 14 linkedin

More than 11% of Android banking and finance-related apps contain malware or suspicious binaries, according to research from RiskIQ.

iPod skimmer

Thieves use iPod nano in low-tech ATM skimming fraud

21 January 2015  | 1 comments | 8 tweets | 10 linkedin

Thieves in Manchester have been recycling redundant iPod nano devices to snap photos of consumers entering their PINs at an ATM machine in a somewhat crude take on traditional skimming fraud.

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