banks

This article explains what might happen if someone transfers you funds and then you withdraw the equivalent in cash from your account to give to them, or if you use your own card to pay for a purchase they make.

Cybercriminals are inventing new ways to swipe money from payment cards by using credentials phished online or over the phone. Sometimes, just holding your card to your phone is enough to leave you penniless.

Fraudsters are using AI-generated digital clones to bypass Know Your Customer (KYC) procedures and open money laundering accounts.

You’ve interacted with scammers or visited a phishing site. What steps should you take to avoid being hacked?

We investigate why chip cards are no panacea, and what precautions should be taken when making a payment.

At RSA Conference 2021, representatives of international financial institutions spoke about the fight against money mules and launderers.

Before the thieves can enjoy them, the proceeds of cybercrime have to jump through a few hoops. We discuss the complexities involved.

Two schemes whereby a victim receives money — and neither one is good news.

Facebook wants to be your financial service and wants your banking data. But do you want Facebook to have it?

Online fraud is on the rise, but who is ultimately responsible and what can you do to protect yourself?

ATMs will soon use fingerprint readers and iris sensors to identify customers. But is biometric authentication as secure as advertised?

The changeover from magnetic stripe cards to chip cards cost millions of dollars but promised greater security. At Black Hat 2016, researchers told us that the new cards are nonetheless insecure.

What’s wrong with ATMs’ security and what should the banks do about it

Kaspersky Lab’s recent research demonstrates that cyber-stealing is a very profitable and well-organized crime.