BAE survey details steep hike in cybercrime during pandemic
A BAE Systems survey has found nearly three-quarters of financial organisations have experienced a rise in cybercrime since the beginning of the Covid-19 pandemic.
Ecommerce fraud losses of $20bn expected in 2021, China to be key fraud market
A new study by Juniper Research has highlighted it expects over $20bn in ecommerce losses this year due to online payment fraud – a rise of 18% compared to 2020.
SailPoint joins UK investment body to bolster fight against cyber crime
Identity security firm SailPoint has become a member of The Investment Association – a trade organisation that represents UK investment managers and asset management firms.
API developer Weav said to launch from stealth after $4.3m round
Weav, an API developer for commerce platforms, has reportedly launched out of stealth alongside the close of a $4.3m funding round.
Deep Instinct eyes ‘hyper-growth’ as it snares $100m Series D
Cybersecurity enterprise Deep Instinct has closed a $100m Series D funding led by global asset juggernaut BlackRock.
How can banks and insurance companies prepare for the new normal in remote working?
Covid-19 changed the world, but now firms must focus on the next set of challenges, such as how to reimagine customer onboarding in a more remote and mobile world.
FICO survey highlights evolving identity theft challenges in the online age
A survey by data analytics company FICO has found up to 4% of UK consumers believe their identity has been stolen online.
Payment giant Mastercard to buy digital ID firm Ekata for $850m
In a move to leverage on the increasing demand for companies in the digital security space, global payments processor Mastercard acquires Seattle startup Ekata for $850m.
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Facial recognition for securing payments to exceed 1.4bn users by 2025, study finds
A study from Juniper Research has discovered the number of users of software-based facial recognition to secure payments will exceed 1.4bn people globally by 2025.
Ikano taps TruNarrative to support global fraud prevention strategy
Swedish bank Ikano has chosen UK RegTech platform TruNarrative to provide digital onboarding and fraud risk management services for its company.
