March 18, 2014 - US authorities have charged three men accused of using information hacked from more than a dozen financial service firms in a bid to steal at least $15 million.
March 18, 2014 - Feedzai, a big data science company that uses real-time, machine-based learning to prevent fraud, today announced the results of their nationwide survey of U.S. adults, which found that 60% of those who knew about any data breaches at notable retailers, such as Target and Neiman Marcus, hold the merchant responsible for preventing future incidents of a data breach.
March 18, 2014 - According to the International Data Corporation (IDC) Europe, Middle East and Africa Quarterly Security Appliance Tracker, 4Q14 vendor revenue for the EMEA security appliance market reached $688.5 million, a 0.4% decrease over the same quarter a year ago. Shipments declined by 8.7% year on year with 185,019 units shipped. For 2013, the security appliance market vendor revenue totalled about $2.5 billion, representing a 2.4% increase over 2012.
March 18, 2014 - The Financial Industry Regulatory Authority (FINRA) and BATS Exchange1, Inc. announced today that they have jointly ordered Citigroup Global Markets Inc. to pay approximately $1.1 million in connection with short selling ahead of participating in five public offerings of securities, in violation of Rule 105 of Regulation M.
March 17, 2014 - Target Group, the financial services outsourcing and software provider, today announces the appointment of Terry Baxter as the firm's Risk and Compliance Director.
March 17, 2014 - The world's largest mobile payments and fraud survey has indicated that merchants are becoming more aware of the dangers fraudulent attacks pose to their business and, as a result, have realised that specialised tools and technology are required to protect their mCommerce operations.
March 14, 2014 - Card companies MasterCard and Visa have announced the formation of a cross-industry effort to improve the safety and security of card payments. The firms have announced the partnership in a bid to ensure payment security meets the needs of financial institutions and retailers, who face cyber attacks that are growing in frequency and sophistication.
March 14, 2014 - Fraud losses on UK cards totalled £450.4 million in 2013, a 16% rise on the total in 2012 of £388.3 million.
