Tag : Cybercriminals

Banking Digital Payments Featured Fintech News Security

Security and Fraud Prevention in Digital Payments

Prajakta Ayade
by Prajakta Ayade0271
In an era where digital transactions are an everyday aspect, ensuring security and fraud prevention in digital payments has become critical. With the convenience of online shopping, mobile banking, and contactless payments, consumers are increasingly embracing new age digital payment methods. Digital payments reign supreme, offering convenience, speed, and accessibility.......
Kaspersky Reports More Than 230% Growth in New Malicious Crypto Mining Programs
Cryptocurrency News

Kaspersky Reports More Than 230% Growth in New Malicious Crypto Mining Programs

Fintech News Desk
by Fintech News Desk0313
In Q3 2022, Kaspersky observed a sharp, 230% increase in crypto miner variants, compared to the same period last year. The number of new variants exceeded 150,000. Remaining hidden for months, cybercriminals use the processing power of the victim’s computer to mine cryptocurrency, with incomes reaching up to $40,500 (2 BTC) per......
HashCash to Offer White Label Crypto Exchange Solutions to a Vietnamese Fintech Corporation
Blockchain Cryptocurrency News

HashCash to Offer White Label Crypto Exchange Solutions to a Vietnamese Fintech Corporation

Fintech News Desk
by Fintech News Desk0401
HashCash Consultants extends its presence in South-East Asia, providing its acclaimed white label crypto exchange architecture to a fintech company in Singapore HashCash Consultants continues its strides towards progress through collaboration and cooperation. The global blockchain development company announced a collaboration with a Vietnam-based fintech enterprise, where the former would......
Consumers Online Payment Security Fears Grow Following ‘Cost-of-Living Crisis’, Says Paysafe Research
Artificial Intelligence News

Aura Extends Intelligent Safety Platform with New Capabilities to Proactively Protect Consumers Online

Fintech News Desk
by Fintech News Desk0371
AI-driven Smart Network identifies new malicious sites in near real-time and helps protect consumers from online threats at the network level Aura, the leader in intelligent safety for consumers, unveiled the next phase of its platform, which includes new capabilities powered by advanced machine learning technology to protect consumers from......
Identity Theft Is Out And Identity Fraud Is In; The Identity Theft Resource Center’s 2022 Predictions Indicate Major Shifts
Digital Payments News

Identity Theft Is Out And Identity Fraud Is In; The Identity Theft Resource Center’s 2022 Predictions Indicate Major Shifts

Fintech News Desk
by Fintech News Desk0613
The Identity Theft Resource Center’s 2022 predictions show a shift from identity theft to identity fraud as cybercriminals continue to refine who they target, what information they steal and what they do with it The Identity Theft Resource Center (ITRC), a nationally recognized nonprofit organization established to support victims of......
Fintech News

McAfee Report Shows Threat Actor Evolution During Pandemic

Fintech News Desk
by Fintech News Desk0341
McAfee, the device-to-cloud cybersecurity company, today released its McAfee COVID-19 Threat Report: July 2020 examining cybercriminal activity related to COVID-19 and the evolution of cyber threats in Q1 2020. McAfee Labs saw an average of 375 new threats per minute and a surge of cybercriminals exploiting the pandemic through COVID-19 themed malicious......
Featured Fintech Risk Management

Data Privacy Practices every Fintech Firm needs to Keep in Mind!

Paroma Sen
by Paroma Sen0431
Financial technology is reimagining the roles and scope of traditional financial institutions riding on the back of technological advancements and digital innovation. Consumers increasingly expect more from their financial services providers and aspire for financial inclusion. Fintech is leveraging APIs, distributed ledger technology, artificial intelligence, and biometrics to quickly become......
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