Remove Breach Remove Phishing Remove Security
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What You Need to Know about Singapore’s Upcoming Shared Responsibility Framework

Fintech News

The Monetary Authority of Singapore (MAS) and the Infocomm Media Development Authority (IMDA) will implement the Shared Responsibility Framework (SRF) for phishing scams on 16 December 2024. Duties of FIs and PSPs FIs and PSPs must implement several anti-scam measures to prevent unauthorized access and detect phishing threats.

Phishing 135
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Cyber Threats Surge in India’s Financial Sector

Fintech News

Attack vectors across the banking, financial services and insurance industry operations, Source: Digital Threat Report 2024, CERT-In, CSIRT-Fin and SISA Phishing attacks surge In H1 2024, cybersecurity firm Kaspersky recorded more than 135,000 phishing attacks targeting Indias financial sector. In India, that amount stood at US$2.35

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The Top Payment Fraud Trends in 2024

Fintech News

This information allows threat actors to create more convincing phishing emails or other forms of engagement between threat actors and victims. Ransomware and data breaches gain in sophistication Although ransomware and data breaches decreased in H1 2024, these threats continue to pose significant challenges.

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Cybertech: Securing the Foundations of Finance

Fintech Review

It covers the tools, platforms, and strategies that defend against data breaches, fraud, identity theft, and financial disruption. Cybertech refers to the suite of digital tools designed to secure networks, systems, and users from cyber threats. The risks range from phishing and account takeovers to ransomware and insider threats.

Finance 59
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The Mastercard Payment Passkey Service Debuts in Latin America with Sympla and Yuno

Fintech Finance

Mastercard has partnered with Sympla , the leading events platform in Brazil, and Yuno , a global payments orchestrator based in Latin America, to bring its Payment Passkey Service to the region and accelerate secure online checkout for shoppers. Symplas mission is to make our customers journey on our platform simpler, faster, and safer.

Visa 98
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Your Customers Are Susceptible to Cyberattacks. What Are You Doing About It?

Trade Credit & Liquidity Management

For example, when you share bank account information that enables your customers to make ACH payments to your company, it can also be exposed in the event of a customer’s data breach. In fact, 60% of SMBs go out of business after a security breach. Trade Credit & Liquidity Management is a reader-supported publication.

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The platform risk paradox: Managing digital commerce fraud at scale

The Payments Association

Rising fraud, complex regulations, and evolving threats are straining platforms’ ability to grow securely. To stay secure, they must enforce controls that inevitably introduce delay and complexity. AI-driven scams leverage sophisticated attacks from phishing emails to deepfake videos and voice impersonations.

Risk 88