fraud security standard
RE:Viewing 2006: The year in financial services
News Meanwhile customers called out for banks to use stronger authentication methods to allay fears about online banking and fraud. Biometrics were pointed to as the next wave of payment technology with fingerprints and iris scans being used to purchase... [19 Dec 2006]
Egg card will be hard to crack
News Egg, the online financial services arm of the Prudential, is touting a fraud protection guarantee as a way to encourage online transactions using its new credit card. However, Egg chief executive, Mike Harris, also promised the card guarantees... [21 Sep 1999]
56-bit encryption cracked in three days
News Instead of laws, we need authentication agencies, which will be liable for fraud. Dennis Keiler, Ovum analyst, said: "This should show the US government that technology alone does not guarantee security, even 228-bit encryption will be cracked... [20 Jul 1998]
Leader: Keep ahead of the fraudsters
Leader Another danger is that fraudsters have been quick to change tactics and start committing card-not-present fraud. Chip and PIN is a great leap forward in anti-fraud technology. No one wants to cheer a crackdown on fraud in one area, only to see it... [07 Feb 2006]
CIO Jury: IT leaders slam national ID card plans
News Luke Mellors, IT director, The Dorchester Hotel, said he agreed with the concept of ID cards and the benefits of reduced identity fraud and security if implemented properly. The implementation and effectiveness including flexibility and security of... [27 May 2005]
IE "phishing" fix lockout causes more complaints
News Major banks and other financial websites, such as PayPal, are popular targets of such fraud, often called "phishing. Some web developers are complaining that an Internet Explorer patch that's meant to foil net scams is disabling some applications... [05 Feb 2004]
Fighting back against the phishers
News But she said the banks are now in a better position to track online fraud. Using a combination of behavioural analysis software and education, banks stand a much better chance of preventing fraud in the first place, she said. [06 Sep 2005]
Passport price forced up by biometric chip costs
News The government said the price hike reflects the cost of implementing anti-fraud measures to combat the rapidly growing threat of passport fraud and forgery. Anti-fraud features include the gradual introduction of new biometric 'ePassports' from... [17 Nov 2005]
Experts applaud move to close WAP security hole
News According to cryptography experts, current encryption techniques leave wireless transactions open to fraud, but the Advanced Encryption Algorithm (AES) standard, now clears the way for the development of far more secure applications. [04 Oct 2000]
Global ebusiness security debate to open in London
News David Rose, secretary to the World Ecommerce Forum, said: "It's generally known in the industry that most UK banks prefer to pay an insurance premium against online fraud, than spend the significant sums required to acquire real online security... [17 Oct 2000]
Private sector could face ID card costs
News As well as cutting ID fraud the cards could save money by streamlining processes, the government said. Junior Home Office minister Andy Burnham told silicon.com there would be advantages for organisations using the service to cut levels of identity... [27 May 2005]
Insider threat still leaving companies exposed
News Porter said the cull of middle management in numerous firms through the 1990s had removed many checks and balances that allowed employees to perpetrate fraud by electronic means. Awareness of the security standard BS7799 has dropped significantly... [11 Jul 2003]
Police to test number plate ID chips
News The Department for Transport (DfT) told silicon.com the technology will be investigated for its "anti-crime and anti-fraud" potential. The DVLA is also working with number plate manufacturers and security companies to develop an approved standard... [30 Sep 2005]
PM 'heart attack' email dupes bank customers
News A spokesperson for Westpac said its systems have not been compromised and the bank is unaware of any fraud losses as a result. Hackers may have captured the login details of around 2,500 banking customers by circulating a Trojan email claiming... [20 Feb 2007]
PKI investigation labelled a waste of time and money
News Fiducia was announced in October as part of a DTI drive against crime and fraud on the internet. But according to Dr James Backhouse, director of the London School of Economics Computer Security Research Centre, the project is misguided. [18 Jan 2001]
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