Oakhall, the London-based analysis firm, estimates that the cost of card fraud for the card industry increased 29% to $40.1bn in 2015 (2014: $31bn). This was primarily driven by the continuing rise in card use, a higher proportion of online shopping and the growing sophistication of fraud criminals. The study was published in conjunction with Featurespace, the global leader in machine learning adaptive behavioural analytics fraud prevention software. For the full study see the Cost of Card Fraud Report.
MetricStream, a market leader in Governance, Risk, and Compliance (GRC) apps and solutions, has been awarded "Industry Innovator of the Year" by SC Magazine in the category of Risk Management and Policy Management.
Neustar, Inc. (NYSE: NSR), a trusted, neutral provider of real-time information services, today announced the publication of “DDoS & Cyber Security Insights,” an in-depth research report that provides statistical analysis of the distributed denial of services (DDoS) attack and mitigation data collected through Neustar SiteProtect. The report examines the growth of DDoS attacks during 2016, providing specific insight into multiple attack vectors, such as DNSSEC amplification and Internet-of-things (IoT) botnets.
Joshua Aaron, the US fugitive suspected of carrying out the largest ever cyber attack on Wall Street, has returned to the US to face trial after hiding out in Russia for more than 18 months.
Technical body EMVCo today publishes transaction data that reflects year-on-year growth in the number of contact and contactless card-present payments using EMV® chip technology.
Nasdaq Stockholm and its derivatives clearing operation have been hit with a Skr55 million fine by Swedish regulatory authorities for serious deficiencies in the management of cyber risks.
Tesco Bank may have left itself open to fraud by issuing debit cards with sequential numbers, according to a report by the FT.
CSC (NYSE: CSC) today released its top enterprise IT trends that will shape business in 2017. Dan Hushon, CSC’s chief technology officer, has identified six trends around the philosophy of “DevSecOps” that company leaders need to be thinking about to drive digital transformation.
