Tag : Cybercriminals

Banking Featured Finance Fintech Risk Management Security

Why Network Traffic Monitoring is Essential for Robust Cybersecurity in Financial Services

Rishika Patel
by Rishika Patel0
In the high-stakes world of financial services, where vast quantities of sensitive data flow continuously across interconnected networks, network traffic monitoring has become more than a mere security tool—it’s a strategic imperative. According to Gartner, 90% of enterprises view network traffic monitoring as vital for maintaining reliability, security, and regulatory......
New Report Reveals: Customer Loyalty at Stake for Financial Institutions Due to Rise in Identity-Based Attacks
Finance Fintech News Security

New Report Reveals: Customer Loyalty at Stake for Financial Institutions Due to Rise in Identity-Based Attacks

GlobeNewswire
by GlobeNewswire0
Gap Widens Between Customer Expectations and Financial Institutions’ Cybersecurity Efforts HYPR, the Identity Assurance Company, today released its spotlight report “When Trust is Hacked: Customer Identity Security in Finance.” This report sheds light on the persistent threat of credential misuse and authentication vulnerabilities plaguing the financial industry, drawing a direct......
Banking Digital Payments Featured Finance Fintech Security

Cybersecurity in FinTech: Protecting The Future of Digital Financial Services

Prajakta Ayade
by Prajakta Ayade0
Cybersecurity has emerged as a critical concern today. Ensuring the security of digital financial services is paramount to maintaining customer trust and safeguarding sensitive data. Recently authID and FinClusive joined forces to integrate next-gen biometric and financial crimes compliance solutions, significantly boosting identity management’s security. This partnership enhances identity verification,......
Artificial Intelligence B2B Banking Digital Payments Finance Fintech Interviews Investments

Global Fintech Series Interview with Christy Johnson, Chief Product Officer at Versapay

Paroma Sen
by Paroma Sen0
Christy Johnson, Chief Product Officer at Versapay talks about the latest trends defining the current payments landscape while sharing her vision for Versapay’s product roadmap in this short chat with Global Fintech Series: ________ Hi Christy, tell us about yourself and your experience in the tech market, what are you most looking......
Banking Digital Payments Featured Fintech News Security

Security and Fraud Prevention in Digital Payments

Prajakta Ayade
by Prajakta Ayade0
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 Desk0
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 Desk0
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 Desk0
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 Desk0
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......
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