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Account Takeover Fraud Declines in Financial Services

Data Breach Today

Tighter Security Controls Help Stop Fraud, But Fake IDs and Web Scraping Are Rising Account takeover fraud in the financial services industry is declining in contrast with other industries such as retail and hospitality.

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How Can We Secure The Future of Digital Payments?

Thales Cloud Protection & Licensing

How Can We Secure The Future of Digital Payments? The financial services ecosystem has evolved tremendously over the past few years driven by a surge in the adoption of digital payments. The biggest challenge for both retailers and financial organizations was the rapidness of that change. Tue, 01/11/2022 - 06:35.

Retail 126
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The Future of Payments Security

Thales Cloud Protection & Licensing

The Future of Payments Security. The Verizon DBIR 2020 report indicates that financially motivated attacks against retailers have moved away from Point of Sale (POS) devices and controllers, towards web applications. Figure 1: Web application breaches in the Retail industry. Securing digital transactions.

Security 143
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Black Friday and Cyber Weekend: Navigating the Tumultuous Waters of Retail Cybersecurity

Thales Cloud Protection & Licensing

Black Friday and Cyber Weekend: Navigating the Tumultuous Waters of Retail Cybersecurity sparsh Tue, 11/21/2023 - 05:01 As global consumers gear up for the much-anticipated shopping bonanza that is Black Friday and Cyber Weekend, retailers brace themselves for the frenzied onslaught of shoppers and the deluge of cyber threats lurking in the shadows.

Retail 83
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2024 Thales Global Data Threat Report: Trends in Financial Services

Thales Cloud Protection & Licensing

2024 Thales Global Data Threat Report: Trends in Financial Services madhav Tue, 10/15/2024 - 05:17 Financial services (FinServ) firms are key players in the global economy. Nearly two-thirds (64%) of FinServ said it’s more complex to secure data in the cloud than on-prem, compared to 55% of general respondents.

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ICICI Bank exposed credit card data of 17000 customers

Security Affairs

ICICI Bank Limited is an Indian multinational bank and financial services company headquartered in Mumbai. It offers a wide range of banking and financial services for corporate and retail customers. The bank has a network of 6000 branches, and 17000 ATMs across India and has a presence in 17 countries.

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SHARED INTEL: How attacks on web, mobile apps are being fueled by rising API vulnerabilities

The Last Watchdog

I had the chance to discuss this with Matt Keil, director of product marketing at Cequence Security , a Sunnyvale, Calif.-based based application security vendor that’s in the thick of helping businesses mitigate web application exposures. A security mindset still needs to take hold at many more levels. We spoke at RSA 2020.