Crime

Jun 16, 2011

Passwords just don’t hack it

Like everyone, I’m completely fed up with passwords and online security. It just doesn’t hack it anymore, or is that makes it easiest to hack. The system is thirty years old – I used to use passwords to get onto the company network back in the 1980s. In fact, it’s even older than that. Polybius…

Jun 13, 2011

Stealing your mobile bank data

We had a meeting of the Financial Services Club last week that looked at fraud and mobile malware with the Serious Organised Crime Agency and the International Systems Security Association (ISSA). It was an interesting meeting, as I’m particularly intrigued by stories about mobile as this is our hot space right now. Every bank…

Jun 7, 2011

Two out of five businesses switch banks due to fraud

I regularly write about fraudulent aspects of finance, and it’s getting worse. As I say in my presentations: “with five billion points of data breach, how can you keep secure?” and this is a key question, as every mobile device is now a point of payment or sale. Equally, as everyone is loosely leaking their…

Jun 1, 2011

Can’t take my eyes off of you

For a long, long, long, long, long, long time, I’ve talked about biometrics taking off in banking … and it hasn’t. The biometrics market has picked up and tailed off in fits and starts, but there is no real mainstream biometric program out there that I’ve spotted to date. The nearest I got was some…

Jun 1, 2011

Can’t take my eyes off of you

Apr 8, 2011

Will we ever have social security?

No, not the state benefits version, but the online version. I've been blogging a lot lately about cybercrime, identity theft and the do's and dont's of social networking. This was in part due to a seminar that took place this week where we were debating the risks related to social networking and mobile finance. There is…

Mar 24, 2011

Banks should advise customers on the do’s and don’ts of social networking

Banks miss a trick in not advising customers how to network socially with safety, so here’s my top do’s and don’ts for social networking. It’s not exhaustive, but just those that are top of mind and banks would do well to send such advice to their customers in writing, online and always when they logon…

Mar 18, 2011

CNN – not news, but fraud

After my note about identity theft the other day, I got a nice note from Barry Marshall at Identity Intelligence (IDI), who run a database about fraud. Their numbers are staggering, and they define the issue today is not about Card Not Present (CNP) fraud, but Card Not Necessary (CNN). They noted that over 61,000…

Mar 15, 2011

Great identity theft infographic

I almost missed this one, but found a wonderful infographic on identity theft produced by Lines & Moodswings. Here it is (doubleclick to enlarge):

Dec 21, 2010

2010 Review: Payments

So, there are a lot of things we’re juggling around with in the payments arena, from real-time to TARGET2 to SEPA to SWIFT ISO20022 to mobile to contactless to biometrics and more. I guess I can summarise this area best by using the results from this year’s payments survey because the last section of the…