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Understanding the Cyber Risks in Video Communication

VISTA InfoSec

For instance, an attacker might send an email that appears to be from a trusted video communication platform, prompting you to click on a link to verify your account or update credentials. Once you follow the link, you enter a fake login page that captures your information.

Risk 277
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NMI Launches Tap to Pay on Google Play Store

Fintech Finance

Businesses can download the Cloud Commerce app from Google Play, log in with their NMI Gateway credentials, and immediately start accepting payments. By simply downloading the Mastercard Cloud Commerce app and connecting to the NMI Gateway, they can start processing payments quickly and securely. Currently available in the U.S.,

Visa 64
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Wallets Versus Stored Credentials: How Consumers Shop And Pay With Smartphones

PYMNTS

To learn more about consumers’ usage of mobile devices to shop and pay in Q1 2019, download the report. With this information in place, consumers can browse, shop and buy items online with minimal friction. Yet, the uses for mobile-assisted payments don’t end there.

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Digital Fraud Attacks Rise 17% in Financial Services, Driven by Payment and Account Creation Fraud

Fintech News

Payment fraud, in which stolen payment credentials are used to make illegal transactions, rose by 9% YoY, signaling heightened financial risks for banks. This typically happens through phishing, credential stuffing, social engineering, or exploiting vulnerabilities in the platform’s security.

Accounts 143
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Major Retail Banks in Singapore to Adopt Singpass Face Verification Soon

Fintech News

It will verify a customer’s identity against national records using a face scan before activating their DT, making it significantly harder for scammers to hijack accounts using stolen credentials. Customers without a Singpass account are advised to register and download the Singpass app beforehand.

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Visa Tap to Phone Adoption Grows 320% in the UK

Fintech Finance

Tap to Phone expanded Visas tap capabilities simply by enabling users to accept payments by downloading an app. In the UK, Tap to Phone adoption is even higher, at a growth rate of 320% [1]. It empowers microsellers and SMBs not just in the UK but around the world to start accepting contactless payments by using their NFC-enabled smartphones.

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Data Blizzard Hits LA Schools: Students data stolen in Snowflake Hack

VISTA InfoSec

A joint investigation by Mandiant, Snowflake, and CrowdStrike revealed that Sp1d3r tracked as UNC5537, used stolen customer credentials to target at least 165 organizations that had not enabled multi-factor authentication (MFA) on their accounts.

FBI 130