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Cyber Security in Peter Barker's blog

10/03/2017

Online Fraud Detection: SMS verification codes at risk of fraud

People’s use of authentication codes to regain access to their online accounts can be exploited by criminals. Researchers at New York University Abu Dhabi have released a study of how such attacks work and the ways to prevent them.

The proliferation of online services for banking, social media, shopping and just about everything else certainly makes life easier.

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7/03/2017

Online Security Review: Identity Theft Takes a New Turn

If you think your finances are safer now that you use a chip card, think again. The latest Javelin Identity Fraud Study reports the number of identity fraud victims increased by 16 percent in 2016 to more than 15 million consumers. And the amount the thieves took grew by $1 billion to more than $16 billion in the past year.

A large part of the increase came from “card...

12/01/2017

Cyber Security: Machine Learning and Big Data Know It Wasn’t You Who Just Swiped Your Credit Card

You’re sitting at home minding your own business when you get a call from your credit card’s fraud detection unit asking if you’ve just made a purchase at a department store in your city. It wasn’t you who bought expensive electronics using your credit card – in fact, it’s been in your pocket all afternoon. So how did the bank know to flag this single purchase as...

9/01/2017

Security and Risk Online: 5 frauds you need to beware of

The recent demonetisation move in India has pushed us to move to a cash-free economy. This shift, which would have otherwise taken three years, is now expected to take just three to six months. Digital payments have also recently hit record transactions. 

With digital payments witnessing record transactions and more and more people joining the cashless bandwagon, there is an...

27/12/2016

Security and Risk Online: Beware That Online Deal

Get Safe Online has issued a warning to Christmas shoppers to be vigilant when it comes to purchasing presents for loved ones online.

The warning comes as recent City of London Police findings show that online crime cost consumers and businesses nearly £11 million last Christmas alone. What’s more, research conducted by Get Safe Online’s partners, Financial Fraud Action...

13/12/2016

Online Security: Increase in Cybercrime to Boost the Global Antivirus Software Package Market

Technavio analysts forecast the global antivirus software package market to grow at a CAGR of close to 10% during the forecast period, according to their latest report.

The research study covers the present scenario and growth prospects of the global antivirus software package market for 2016-2020. The report also segments the market based on end-users into home users...