Tag: Transactions
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Using Machine Learning to Prevent Fraud in E-Commerce Transactions
Machine learning (ML) is a crucial tool for controlling scams in e-commerce transactions. Imagine it as training a detective to spot …
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Securing Online Business Transactions: Essential Tools and Practices
As digital transactions become a standard in business, understanding and implementing vital security practices is crucial. Encryption …
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Fortifying Digital Transactions: A Guide to Securing Online Payments
In an era where digital transactions are not just commonplace but essential, the security of online payments has become a paramount concern …
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Cable Transaction Assurance enhances the efficacy of front-line financial crime controls
Cable launched Transaction Assurance, pioneering a new wave of financial crime compliance and transaction testing. “In recent years, …
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Apple Blocked Over $2 Billion in Fraudulent Transactions & 1.7 Malicious Apps
Apple published a report claiming that they prevented around $2 billion of potentially fraudulent transactions in 2022 and rejected around …
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BlackBerry Announces New Patent Sale Transaction With Patent Monetization Company for Up to $900M
, March 21, 2023 /PRNewswire/ — BlackBerry Limited (NYSE: BB; …
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New Prilex PoS Malware evolves to target NFC-enabled credit cards
Authors of the Prolex PoS malware improved their malicious code to target contactless credit card transactions. The threat actors behind …
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New Versions of Prilex POS Malware Can Block Contactless Transactions
New versions of Prilex point-of-sale (POS) malware have been spotted in the wild. Their new capabilities include blocking Near Field …
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Illegal Crypto Transaction Volumes Hit All-Time High
Over $20bn worth of illegal transactions were carried out using cryptocurrency last year, a record high that’s likely to grow as more …
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SCA Rules Come into Force Today for E-commerce Transactions
Strong customer authentication (SCA) rules for e-commerce have come into force in the UK today following delays due to the COVID-19 …
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The State Of Security In E-Commerce to Improve Online Transactions
While growth in eCommerce has improved online transactions, it has attracted the attention of the bad players in equal measures. eCommerce …
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US Treasury Tracks $5.2bn of Ransomware Transactions in Six Months
US Treasury Tracks $5.2bn of Ransomware Transactions in Six Months The US Treasury has tracked $5.2bn worth of Bitcoin transactions likely …
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