Harm from Ransomware Hackers Demonstrates Growth
Last year, ransomware stole more than $1 billion in virtual space.
cybersecurity - page 8
Numerous Paytm Bank Accounts Suspected of Money Laundering
Along with banning Paytm Payments Bank from all forms of banking services, the Reserve Bank of India (RBI) has passed information about thousands of suspicious bank accounts to the country’s financial crime-fighting agency.
Experian Launches Security Tool for Car Dealers
Experian has introduced Fraud Protect, a tool with which car sellers will be able to record and prevent criminals from interfering in the process of interacting with customers to steal money or gain access to data classified as confidential information.
How to Avoid Data Protection Fines in 2024: A GDPR-Centric Approach
In today’s digitally-driven world, particularly as we navigate through 2024, the significance of data protection is at an all-time high. With the enforcement of strict regulations like the General Data Protection Regulation (GDPR) in Europe, and similar legislations globally, businesses of all sizes are facing increased pressure to comply. Failing to do so can result in […]
BIS to Focus on Cybersecurity, CBDCs and Green Finance in 2024
The Bank for International Settlements (BIS) announced its work program for the year, which includes six new projects exploring the issues of cybersecurity, fighting financial crime, CBDCs and green finance.
JPMorgan Chase Says About Increase in Hacker’s Activity
JPMorgan Chase reported that over the past 12 months, there has been a daily increase in the intensity of hacker activity aimed at attempting to infiltrate the systems of this financial institution.
China Orders Banks to Review Cyber and Data Security
In China, local authorities have appealed to banks and insurance companies with a strong recommendation to inspect security systems, focusing in this case on issues such as data protection and anti-cybercrime tools.
Canada Reportedly to Use AI to Combat Money Laundering
The media reports that in Canada it is planned to start using artificial intelligence as a tool to combat money laundering.
McAfee Presents AI-Powered Deepfake Audio Detection
At CES 2024, McAfee presented a technology for detecting audio deepfakes based on artificial intelligence called Project Mockingbird.
ECB to Test Banks’ Ability to Recover From Cyberattack
The European Central Bank (ECB) will conduct a stress test of 109 financial institutions under its direct supervision on the ability to restore the functioning process after cyber attacks.
Enhanced Blockchain Security Brought Crypto Hack Losses Down 51% in 2023
The state of Web3 and blockchain security improved over the past year, causing a twofold decrease in losses to crypto hacks and other cybersecurity incidents.
OpenAI Adopts Preparedness Framework to Mitigate AI Risks
The Preparedness Framework by OpenAI aims to track, evaluate, and forecast risks posed by increasingly powerful AI models to enhance a systemic approach to protection.
Salv Raises $4.3 Million
Salv, an Estonian-based provider of solutions to combat financial crimes, reported that it was able to raise financing for 3.9 million euros ($4.29 million).
ENBANTEC Cyber Security Conference and Exhibition
ENBANTEC Cyber Security Conference and Exhibition will be held on 04 June 2024 in Istanbul, Turkey. ENBANTEC is a global conference which is one of the most important and prestigious conferences in EMEA region with its focus on Cyber Security, IT Security, Network Security, Data Security, Cloud Security, Mobile Security, Endpoint Security and Identity and […]
How Deepfake Scams Affect the Payment Industry and What Can Be Done
Deepfake imposters are increasingly targeting unsuspecting victims, raising alarm among all payment industry players. How do you protect your organisation and clients from highly realistic online masks and voices generated by computer technology?
Amazon, Microsoft and India Authorities to Fight Fraud
The e-commerce giant Amazon and Microsoft, one of the leaders of the global technology sector, reported on cooperation to ensure a high level of consumer protection from fraudulent methods involving the actions of an attacker on behalf of another person or any organization on an illegal basis.
Breaking News
© 2025 PAY SPACE, LLC
03148 Ukraine, Kyiv, 2A P.Kurinoho str.