Dane

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How does your bank score when dealing with fraud?

Barclays and Santander are the banks most likely to wrongly refuse to refund customers if they are victims of fraud, an investigation has revealed.<p>Banks are liable to reimburse unauthorised transactions if the customer reports it within 13 months and was not deemed to be negligent with their …

Please don’t launch a fintech startup.

It was 11:30PM, and my computer just ‘pinged’. I’d received a Facebook message from an old friend from university who wanted advice on a company he was going to launch.<p>The product, he explained, would allow people to walk into a store, scan the items they want to buy and just walk out. It would …

Meet the $1 Billion Startup Busting Cybersecurity's Greatest Myth

Here's what happened when a former McAfee executive started a cybersecurity software firm and told customers the truth.<p><i>Editor's Note: Inc. Magazine announced its pick for Company of the Year on Tuesday, November 29. It's Riot Games! Here, we spotlight Cylance, a contender for the title in 2016.</i><p>In …

Next-Gen Biometrics: Using the Force of Habit

National Westminster Bank in London is tracking every movement customers make on its website or mobile app, looking for behavior that doesn't match …

Biometrics

Apple & others may soon be barred from using SMS for two-factor authentication

One of the options available when using Apple’s two-factor authentication (2FA) is to have a code sent to you via SMS. The US National Institute for Standards and Technology, which sets the standards for authentication software, says that text messaging is not sufficiently secure, and that its use …

Authentication

Hackers steal £650 million in world's biggest bank raid

Investigators uncover what is thought to be the biggest ever cybercrime with more than £650 million going missing from banks around the world<p>British banks are thought to have lost tens of millions of pounds after a gang of Russian based hackers spent the last two years orchestrating the largest …

Hackers rob US and global banks of millions in one of the largest heists ever

Banks in Russia, Japan, the US, and Europe have fallen victim to a massive, sophisticated malware hack, allowing the perpetrators to steal hundreds of millions of dollars since 2013. According to a Kaspersky Labs report provided to the <i>New York Times</i>, more than 100 banks in 30 nations have been …