A report says the EU will lose $64b per year once new 2FA rules go into effect, but we support Strong Customer Authentication (SCA) wholeheartedly.
Tag Archives: Banking
Hackers leak bank emails after extortion attempt fails
Serial cyber-extortionist gang Rex Mundi has published a cache of emails apparently stolen from the servers of Swiss bank Banque Cantonale de Geneve (BCGE).
EU to demand 2-factor for online payments by August 2015?
The European Banking Authority has put out new guidelines for securing online payments. The report defines something called “strong customer authentication”, which is nearly, if not exactly, what the rest of us call 2FA…
Nigerian bank IT worker on the run after $40m cyber heist
A Nigerian IT worker is wanted by police after a major cyber-heist at the bank where he was employed.