Latest Security News: Finextra Research

Anonymous dumps 28GB of data stolen from Russian central bank

Hacking collective Anonymous claims to have released 28 gigabits of documents pilfered from the Central Bank of Ruissia.

28 March 2022

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NextGen Nordics: Danske Bank announces Trade AI app

Ahead of our NextGen Nordics conference on the 27th of April 2022, we will be putting together a weekly briefing of selected top stories that are emerging out of the region and setting the blueprint for payments innovation across Denmark, Finland, Iceland, Norway, and Sweden.

25 March 2022

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Avast acquires Canada's SecureKey Technologies

Digital privacy outfit Avast has acquired SecureKey Technologies, the blockchain-based digital identity company behind Canada's Verified.Me and Australian digital identity exchange ConnectID.

25 March 2022

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Anonymous hacks Central Bank of Russia

Hacking collective Anonymous claims to have broken into the Central bank of Russia.

24 March 2022

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Cybercriminals demand $15 million ransom for return of hacked TransUnion data

Hackers are demanding a $15 million payment for the return of 54 million customer records stolen form a server operated by credit bureau TransUnion in South Africa.

21 March 2022

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Online retailers warned of lost sales as SCA comes into effect

Online retailers are being warned to be prepared for the introduction of Strong Customer Authentication (SCA), the biggest change to payments since Chip & Pin rolled out 16 years ago.

14 March 2022

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FTX turns to Stripe for payments and ID verification

Crypto giant FTX and its US subsidiary have chosen Stripe to build an onboarding and identity verification flow for users joining the exchange, and to power payments for people adding funds to their accounts.

11 March 2022

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UK Government acts on online advert scams

The UK Government has confirmed that a new legal duty will be added to the Online Safety Bill requiring the largest and most popular social media platforms and search engines to prevent paid-for fraudulent adverts appearing on their services.

09 March 2022

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Fraud victims lose £28K to bank transfer scams every hour

Victims are losing more to bank transfer scams every hour than the average UK worker earns a year, Which? research reveals, as the consumer champion calls on the government to urgently act on its commitment to legislate for mandatory reimbursement of victims.

09 March 2022

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UK merchants warned to get ready for imminent SCA

With the UK finally set to officially enforce Strong Customer Authentication (SCA) rules, vendor Forter is warning merchants that issuing banks are already issuing soft declines on transactions which have not been sent to 3DS and are not flagged as either exempt or out of scope.

04 March 2022

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Danske Bank tests quantum communication for data transfer

Danish researchers are claiming a breakthrough in IT security after using quantum communication to transfer data between computers at Danske Bank.

01 March 2022

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JPMorgan research uses quantum network to protect blockchains

Researchers from JPMorgan Chase, Toshiba and Ciena say they have built a quantum key distribution (QKD) network that can secure blockchain applications against quantum attacks

18 February 2022

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