A recently uncovered remote access Trojan, dubbed ElectroRAT, has been stealing cryptocurrency from digital wallets over the past year, according to researchers at Intezer Labs. The malware, written in Golang, can target Windows, Linux and macOS platforms.
Facebook's relaunch and rebrand of its Libra digital payment initiative as Diem is seen by some as a shadow of its former self. Financial services commentator Chris Skinner explains why state governments and AML concerns are to blame.
A recently uncovered payment card skimmer is targeting several large content management systems that support the online checkout pages of dozens of e-commerce sites, according to researchers with Sansec. The malware works by using a keylogger to harvest payment and personal data.
IBM Trusteer reports that a hacking group is using mobile emulators to spoof banking customers' mobile devices and steal millions of dollars from banks in the U.S. and Europe.
This exclusive report explores the hidden value of payments. Partnering with Oxford Economics, Checkout.com talked to 1,500 business leaders and 5,000 consumers to uncover previously unknown insights.
It delves into the true cost of false declines to merchants and the digital economy, what customers are willing to...
As one of the fastest growing markets, MENAP represents a huge opportunity for merchants in the region and on a global scale. But success depends on understanding the changing consumer behaviors, accelerated by COVID-19. Like a positive shift in sentiment towards the security of digital payments.
Plus, explore...
A JavaScript card skimmer group dubbed "FakeSecurity" recently deployed the Raccoon information stealer malware in order to target e-commerce sites to steal payment card details from victims, according to security firm Group-IB.
E-commerce has skyrocketed in 2020, but so have transaction disputes. Ryan Battles of EY explains the cause, the impact, as well as how merchants can reduce incidents of this so-called "friendly" fraud.
Fraud in the interactive voice response channel was growing before the pandemic. Since? IVR fraud has become "a fraudsters' playground," says Mark Horne, CMO of Pindrop. He shares a new account-centric defensive solution.
A recently uncovered banking Trojan targeting Android devices can spy on over 150 apps, including those of banks, cryptocurrency exchanges and fintech firms, as a way to gather credentials and other data, according to an analysis by security firm Kaspersky.
The pandemic has been an accelerant for digital payments and digital payment fraud globally. Krista Tedder of Javelin and Stu Bradley of SAS discuss recent findings.
Fraud in the interactive voice response channel was growing before the pandemic. Since? IVR fraud has become "a fraudsters' playground," says Mark Horne, CMO of Pindrop. He shares a new account-centric defensive solution.
To mitigate the risks posed by ransomware attacks, enterprises need to move from file-based security to a behavior-based approach, says Jennifer Ayers, vice president of the OverWatch division of Crowdstrike.
A majority of mobile finance apps lack the security controls and code hardening necessary to prevent applications from being compromised, according to recent analyst research. And relying on legacy methods - like network or perimeter protection that is incapable of detecting these kinds of attacks - can have dire...
Contact Centers serving financial and banking organizations have quite a challenge regarding the verification of consumers. This is multiplied
by having to deal with the abrupt change from a mix of online and in-person points of contact to the necessary requirement that consumer interaction happens without any...
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