A new report reveals that 77% of all detected ransomware globally was in four main sectors – business & professional services (28%), government (19%), health care (15%) and retail (15%).
The Payment Card Industry Data Security Standard (PCI DSS) is the security standard for protecting payment card data. Navigating the requirements of the PCI DSS and implementing the technical security controls can be quite complicated.
The American Bankers Association’s nation-wide bank robbery database, known as ABA Bank Capture, has a new interactive feature that allows subscribers to input ATM crime data — including ATM skimming — providing even more actionable intelligence to help reduce financial crime.
Despite news coverage and social media frustration focusing on perceived shortcomings of credit cards with EMV chip technology, nearly 4 in 5 Americans view chip cards positively.
Concerns about cybersecurity are overtaking those about physical security in the banking sector, although perhaps most front-burner have been issues that cross over into both realms.
Global retailers can expect a 12 percent growth in online fraudulent activity in the upcoming holiday season, compared with the same period last year—and lower ticket prices on fraudster-targeted gifts and products.
One cyber company is predicting a significant increase in card-not-present fraud—fraudulent transactions where a credit card is not physically presented to a merchant—from Black Friday to Cyber Monday when compared to past years.
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