Ugandan Central Bank Reportedly Faces Hacker Attack
The media reported that hackers broke into the systems of the central bank of Uganda and stole 62 billion shillings ($17 million) from its accounts.
The media reported that hackers broke into the systems of the central bank of Uganda and stole 62 billion shillings ($17 million) from its accounts.
In today’s world, sharing documents with external partners, whether they’re clients, contractors, or suppliers, is a regular part of doing business. But whether you’re sharing a contract digitally or a physical copy of a report, security is paramount. Sensitive information, if mishandled, can lead to data breaches, financial losses, or legal penalties. So, how do […]
Insurance broker Howden on Monday, November 25, released information according to which over the past five years in the United Kingdom, businesses have lost approximately 44 billion pounds ($55.08 billion) due to cyberattacks.
BioCatch, which specializes in developing fraud prevention solutions, announced the launch of what it described as the world’s first interbank network for the sharing of information on financial crimes.
QR codes have recently become one of the most common tools for committing crimes among scammers who operate in the virtual space.
In the rapidly growing world of cryptocurrency, securing your property is critical. As we dive deeper into digital finance, one of the most good sized errors an investor can make is underestimating the importance of protection in dealing with and buying and selling/exchanging cryptos and crypto wallets. While diverse wallets just like the Starknet Wallet […]
Mastercard envisions the future of e-commerce without manual entries of physical card numbers, passwords or one-time codes needed for secure purchases.
New crypto regulations in South Korea will require businesses engaged in cross-border virtual asset trade to register with authorities in advance and submit monthly transaction reports to the Bank of Korea.
Socure Inc., an identity verification service provider whose functional solutions are used by companies such as Chime Financial Inc. and Robinhood Markets Inc., has agreed to acquire Effectiv, a fraud prevention platform.
ASEAN Foundation, an intergovernmental organisation within the Association of Southeast Asian Nations (ASEAN), partnered with Mastercard to improve the cyber resilience of public sector entities and SMEs.
Mastercard Pune tech hub in India will focus on areas like cybersecurity, data analytics, and AI-driven solutions and play a key role in supporting Mastercard’s global operations and enhancing its digital infrastructure.
Online check fraud schemes boom forces major US banks to introduce additional security measures such as drastically decreasing limits to mobile deposits as Fidelity recently did.
The safety of payment transactions is one of the main prerogatives industry players focus on. However, sometimes, the efforts to eliminate fraud lead to adverse effects. Overzealous fraud prevention techniques tend to drive customers away, creating too much checkout friction. Today, we’ll learn to distinguish a thin borderline between proper vigilance and overprotection in finance.
HP Wolf Security has recorded the first case when criminals used generative artificial intelligence technologies to write malicious code to distribute a remote access Trojan.
Visa has agreed to acquire Featurespace to enhance its existing fraud detection solutions, offering real-time AI-based protection against payment fraud and financial crime.
Cryptocurrency trading, with its rapid pace and volatile markets, necessitates the highest levels of security for traders and their platforms. The potential for hacking, theft, and data breaches has heightened the demand for robust, secure infrastructure. A dedicated server provides the foundation for safeguarding sensitive information, offering protection against cyber threats that could compromise crypto […]
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