Tag: security
DeFi Platform Drift Suspends Withdrawals After Crypto Hack
Drift takes precautionary measures following security breach affecting user funds.Highlights: Drift has suspended all deposits and withdrawals after a hack.The platform is working with...
NextGen FinCrime Initiative Strengthens Cross-Sector Collaboration
New talks aim to enhance cooperation in tackling financial crime across industries.Highlights: NextGen FinCrime initiative aims to unite sectors against financial crime.Talks will focus...
US Senate Strengthens Penalties for ATM Theft Paralleling Bank Robbery
New legislation escalates legal repercussions for criminals targeting ATMs.Highlights: US Senate passes law equating ATM theft penalties with bank robbery.New legislation aims to deter...
EPC Boosts Security with RFI for Fraud Information Sharing Platform
European Payments Council seeks innovative solutions for fraud prevention.Highlights: EPC issues RFI for a new fraud information sharing platform.The initiative aims to enhance security...
Cryptocurrency Scam Losses Surge to $17 Billion in 2025, Fuelled by AI
Analysis reveals AI-driven schemes are escalating crypto fraud incidences.Highlights: Losses from cryptocurrency scams reached $17 billion in 2025.AI technology has been increasingly exploited in...
Revolut’s New Measures to Combat Impersonation Scams
Innovative strategies to protect users from rising fraud cases.Highlights: Revolut introduces features to combat impersonation scams.New protective measures aim to secure user transactions.The initiative...