26 July 2017
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Latest security news

Wells Fargo accidentally leaks data relating to 50,000 of its top clients

Wells Fargo accidentally leaks data relating to 50,000 of its top clients

15 hours ago  |  3052 views  |  0 comments | 5 tweets | 7 linkedin

Barely months after coming up for air over the fake accounting scandal, Wells Fargo is facing further scrutiny, this time over a data breach that saw the accounts of 50,000 of its wealthiest clients accidentally leaked to a former employee.

Citi taps into Cornell Tech talent

Citi taps into Cornell Tech talent

24 July 2017  |  4497 views  |  0 comments | 5 tweets | 5 linkedin

Citi is teaming up with Cornell University, leasing space at the Ivy League school's engineering campus in order to engage with students and faculty on areas such as blockchain and machine learning.

The eyes have it: TSB brings iris scanning to mobile app

The eyes have it: TSB brings iris scanning to mobile app

20 July 2017  |  7521 views  |  1 comments | 8 tweets | 18 linkedin

TSB is claiming a European first by introducing iris scanning to its mobile banking app, eradicating the need to remember lengthy IDs or passwords.

Mastercard to buy AI outfit Brighterion

Mastercard to buy AI outfit Brighterion

18 July 2017  |  11432 views  |  0 comments | 14 tweets | 21 linkedin

Mastercard is looking to boost its fraud detection capabilities through the acquisition of artificial intelligence specialist Brighterion. Financial terms of the deal were not disclosed.

ATM ram raid caught on CCTV

ATM ram raid caught on CCTV

13 July 2017  |  6855 views  |  0 comments | 3 tweets | 1 linkedin

Leicestershire police have released dramatic CCTV footage of the moment a cash machine is ripped from a branch of Nationwide Building Society.

Self-service kiosk vendor hit by hackers

Self-service kiosk vendor hit by hackers

12 July 2017  |  6782 views  |  1 comments | 6 tweets | 9 linkedin

US firm Avanti Markets says that nearly 2000 of its self-service payment kiosks have been infected with malware, putting customers' card data at risk.

OCC warns banks on fintech risks

OCC warns banks on fintech risks

11 July 2017  |  9569 views  |  0 comments | 9 tweets | 15 linkedin

US banks are opening themselves up to increased strategic risk by moving into new products and services as a way to take on emerging fintech rivals, warns the Office of the Comptroller of the Currency (OCC) in a report which also highlights the threat of cyber attacks and an increased reliance on third-party tech service providers.

Rise in online and mobile shopping drives card fraud transactions to new high

Rise in online and mobile shopping drives card fraud transactions to new high

29 June 2017  |  12107 views  |  0 comments | 19 tweets | 28 linkedin

European card fraud losses hit a record €1.8bn in 2016, with the UK seeing the highest losses at £618m, as criminals took advantage of a boom in CNP-based online and mobile shopping.

Nets experiments with finger payments at Idea Lab

Nets experiments with finger payments at Idea Lab

28 June 2017  |  7869 views  |  0 comments | 8 tweets | 11 linkedin

Nordic payments processor Nets is working with UK biometric company Sthaler to trial the use of finger vein recognition technology to authenticate users at the point-of-sale.

Ukrainian banks affected by latest global cyberattack

Ukrainian banks affected by latest global cyberattack

27 June 2017  |  8019 views  |  0 comments | 6 tweets | 7 linkedin

Several Ukrainian banks are understood to have been affected by what appears to be a coordinated ransomware cyberattack targeting firms around the world.

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