Banking stories - Page 61

Asia Pacific is a hotspot for ransomware, hijackers, spyware and worms and one security expert believes that the region is becoming a major target.

The machine learning models Harmoney has created with DataRobot are trained on data captured from more than 300,000 loan applications.

The creators of the Dridex banking Trojan are also responsible for FriedEx (also known as BitPaymer), a ransomware that was discovered in mid-2017.

Millennials are moving beyond the world of passwords and quickly embracing biometrics, leaving the older generations to continue using passwords.

The survey took responses from over 200 firms, comprising micro (up to 5 staff) and intermediate businesses (6 to 20 staff).

Cisco CTO Kevin Bloch forecasts the top 10 ICT trends for 2018, highlighting advancements from AI to autonomous vehicles, driven by rapid tech growth.

Ciaran Martin says the UK has been ‘fortunate’ to avoid an attack that could cause devastating disruption to elections or critical infrastructure.

The Ursnif Banking Trojan seems to love Australia and New Zealand, based on findings that show its ‘disproportionate prevalence' in the two countries.

Asia Pacific will be a hotspot for security assessment vendors as it becomes the fastest growing region in the world between 2017-2022.

Auckland is named a top digital payments leader, with potential to gain nearly USD $2 billion annually by further reducing cash reliance, a Visa study reveals.

Auckland's Paymark, which processes a significant share of NZ's debit and credit card transactions, sold to France's Ingenico Group for NZD $190 million.

Crypto-mining malware variants are causing headaches for enterprises and their computers as website owners try to recoup revenue, says Check Point.

Westpac has partnered with Paymark to launch Online EFTPOS, allowing New Zealanders to securely purchase goods online using their mobile phones.

After a year rife with Customer Experience (CX) failures, Australian companies must repair consumer trust through transparency and reliable service delivery.

Over the past year, compromises of payment card data, network intrusions, and cyberattacks using hotel Wi-Fi have plagued the hospitality industry.

Scammers kick off the new year with email fraud using fake Suncorp, MYOB, and ASIC branding, sending malicious links and attachments to Australian users.

Digital disruption is accelerating, transforming how companies innovate and compete. Established firms must adopt rapid, start-up-like agility to stay relevant.

The loan was granted by the European Investment Bank and backed by the European Fund for Strategic Investments to create opportunities in the region.

Cyber attacks on toys, gaming consoles and home assistants, you ask? Weaponised teddy bears? Yes, it is possible.

Blockchain is not going to be the one piece of technology that will be the panacea to solve every problem and challenge that exists today.