24 February 2018
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Latest security news

Banco Sabadell startup fund invests in voice biometrics firm

Banco Sabadell startup fund invests in voice biometrics firm

23 February 2018  |  2291 views  |  0 comments | 3 tweets | 3 linkedin

InnoCapital the corporate venture vehicle of Banco Sabadell's InnoCell digital hub has led a EUR1 million investment round in voice authentication startup Biometric Vox.

Indian bank hack bears hallmarks of Bangladesh Bank heist

Indian bank hack bears hallmarks of Bangladesh Bank heist

20 February 2018  |  5053 views  |  4 comments | 1 tweets | 2 linkedin

Two years after the infamous Bangladesh Bank hack, an Indian bank says that cybercrooks compromised the bank's connection to the Swift messaging system to make three fraudulent transfers worth nearly $2 million.

Swiss watchdog tweaks digital onboarding rules

Swiss watchdog tweaks digital onboarding rules

16 February 2018  |  7082 views  |  0 comments | 17 tweets | 13 linkedin

Swiss financial markets regulator Finma has updated its rules for digital client onboarding to reflect advances in technology such as the ability to authenticate a user with a "selfie with liveness detection".

Natwest warns love-seeking Brits about the 'romance scam'

Natwest warns love-seeking Brits about the 'romance scam'

16 February 2018  |  5696 views  |  0 comments | 3 tweets | 2 linkedin

The romantic marketing suits at UK bank Natwest have chosen to mark Valentine's Day by carrying out a psychological experiment that demonstrates how easily crooks can extract valuable personal information by exploiting our amorous desires.

ECB launches staunch defence of cash

ECB launches staunch defence of cash

15 February 2018  |  10378 views  |  10 comments | 24 tweets | 26 linkedin

European Central Bank executive board member Yves Mersch has given a spirited defence of cash, praising its ability to facilitate privacy, equality and security, insisting there is "no viable alternative" to the humble euro banknote.

'In fraud we trust': US indicts 36 over $530m cybercrime operation

'In fraud we trust': US indicts 36 over $530m cybercrime operation

08 February 2018  |  5749 views  |  0 comments | 8 tweets | 8 linkedin

The US Department of Justice has indicted 36 alleged members of a cybergang accused of causing more than $530 million in losses through the acquisition and sale of, among other things, compromised debit and credit cards and banking information.

Nordea to use biometrics to protect customer data assets

Nordea to use biometrics to protect customer data assets

07 February 2018  |  5441 views  |  0 comments | 5 tweets | 7 linkedin

Nordea is implementing biometric authentication from Veridium for employees handling confidential customer data.

US charges two over ATM jackpotting scheme

US charges two over ATM jackpotting scheme

06 February 2018  |  4001 views  |  0 comments | 1 tweets | 3 linkedin

US authorities have charged two men with bank fraud after they allegedly used malware to jackpot ATMs and empty the machines of cash.

Cybersecurity dominates EU Fintech Action Plan

Cybersecurity dominates EU Fintech Action Plan

06 February 2018  |  16507 views  |  0 comments | 38 tweets | 25 linkedin

Cybersecurity takes top billing in the European Union's upcoming Fintech Action Plan, with a draft emphasising efforts to improve cooperation and coordination between market participants and regulators.

ABN Amro venture arm invests in BehavioSec

ABN Amro venture arm invests in BehavioSec

30 January 2018  |  6628 views  |  0 comments | 4 tweets | 4 linkedin

ABN Amro's fintech venture fund has participated in a $17.5 million raise for cybersecurity firm BehavioSec.

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