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Tag: unauthorised

Stolen Identities Remains Top Security Threat in Financial Crime – Fintech Singapore

by Johanan Devanesan November 2, 2023 Stolen identities of workers or other authorised users are sometimes enough...

Rising Scam Losses Epidemic a Growing Concern for Digital Payments – Fintech Singapore

by Johanan Devanesan October 31, 2023 The advent of digital payments and transactions has undoubtedly transformed the...

FIDO Alliance: Singapore Leads in Biometrics Adoption – Fintech Singapore

by Rebecca Oi October 31, 2023 In today’s increasingly connected world, the security and sanctity of our...

FIs and Telcos May Have to Bear Full Loss for Phishing Scams Under Proposed Framework – Fintech Singapore

by Fintech News Singapore October 26, 2023 Financial institutions (FIs) and telecommunication companies (telcos) are expected...

Huobi, KuCoin Among Crypto Firms on UK Watchdog’s Radar

In a bold move aimed at safeguarding consumers, the FCA added 145 digital asset companies, including major exchanges Huobi-owned HTX and KuCoin, to...

Friend.tech Users Lose $385K in Ether to SIM-Swap Scammer

On October 5, 2023, a blockchain investigator by the name of ZachXBT stated that a single scammer had stolen 234 ETH, which is roughly comparable...

Cryptocurrency Payment Gateways: What Are They and How Do They Work?

In the dynamic landscape of the digital age, cryptocurrencies have emerged as more than just a speculative asset; they are rapidly becoming a vital...

Three Ways to Leverage Digital Identity to Accelerate DORA Readiness

It’s no surprise that managing risk across information and communication technology (ICT) in the financial services industry is a tough job. Both retail and...

What cybersecurity threats does generative AI expose us to?

Generative AI is a powerful technology that carries risks that need to be addressed, particularly in the realm of cybersecurity Advanced malware and...

Unauthorized Transactions from Stake’s ETH/BSC Hot Wallets Resolved, User Funds Safe

Stake has successfully addressed unauthorized transactions that occurred hours ago from its Ethereum (ETH) and Binance Smart Chain (BSC) hot wallets. The security breach...

“Grab hold and give it a wiggle” – ATM card skimming is still a thing

by Paul Ducklin It’s been a while since we’ve written about card skimmers, which used to play a big part...

SEC demands four-day disclosure limit for cybersecurity breaches

by Paul Ducklin Last week, the US Securities and Exchange Commission (SEC) announced new and fairly strict rules about cybersecurity...

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