Both the high street and consumers have been keeping their eye on the rise and rise of digital disruptors such as Monzo, flooding the market in various shades of bubble-gum. And according to the Head of Information Security at a large European bank, there is a real cause for concern.
Crypto hacks linked to North Korean Lazarus group
Recent research suggests that Lazarus is behind recent attacks targeting cryptocurrencies, including the theft of over $30 million from Bithumb.
PayPal to acquire fraud prevention platform Simility for $120 million
PayPal has announced that it will be acquiring fraud prevention platform Simility for $120 million in cash.
SensibleVision announces new facial recognition payment platform
Mobile AI tech company SensibleVision has announced its new 3DWALLET technology, designed to let retailers replace card and cash payments with a 3D facial recognition platform.
Hack on Bithumb results in loss of $32 million in tokens
South Korean cryptocurrency exchange Bithumb has been hacked, resulting in the loss of roughly 35 billion Korean won (approx $31.5 million) worth of tokens.
Global Processing Services raises £44M for international expansion
Private equity firm Dunedin announced today that it has invested in the £44 million funding of Global Processing Services, the issuer processor behind many of the UK’s fintech startups and challenger banks.
South Korean cryptocurrency exchange Coinrail targeted by “cyber intrusion”
Following an attack on South Korean cryptocurrency exchange Coinrail, cryptocurrency prices have dropped sharply, including a 10% drop in the value of bitcoin.
Cryptocurrency Verge hacked again
Cryptocurrency Verge has been hacked once again, resulting in the theft of approximately 35 million Verge coins, equivalent to over $1.7 million.
$152,000 cryptocurrency theft exploits ‘huge blind spot’ in internet security
Around 215 Ether, or roughly $152,000-worth of the cryptocurrency, has been stolen from users of MyEtherWallet.com. At the heart of the hack was the abuse of a gaping flaw in the internet, one that highlights the fragility of the web’s infrastructure we use everyday.
Selfies for sale: How the next pic you snap could compromise your finances
We all know hackers sell your data online, but did you know that now they’re selling your selfies on the dark web, too?