Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

How Vancouver is shaping Canada's fintech future

Local founders say the country’s payments reboot and AI breakthroughs could put B.C. at the centre of financial innovation. One day before the Bank of Canada announced it had approved the country’s first payment service providers under the new Retail Payment Activities Act, leaders from Vancouver’s growing sector gathered for a conversation that felt prescient. At.

Ghost Tap & PhantomCard: The haunted frontier of fraud

Around the world, banks and payment processors are reporting an explosion of mysterious tap-to-pay transactions happening nowhere near real cardholders. The European Association for Secure Transactions (EAST), for instance, has tracked a 1,500% surge in these relay-based attacks over the past year, with incidents stretching from Santiago to Singapore.

Why Fast Company Named Memcyco a 2025 'Next Big Thing in Tech' for Cybersecurity

In cybersecurity, timing is paramount. But the window of danger now opens earlier than most solutions can see. While many anti-phishing and ATO solutions advertise real-time detection, most only activate once the login attempt is underway, after the critical exposure window has already opened. By then, the scam is already in motion. Phishing, impersonation, and credential theft increasingly take root upstream, during redirects, fake site loads, and user misdirection.

Account Takeover Protection for Banks in 2025: Why Real-Time Defense Matters

Account takeover (ATO) protection is the frontline defense that prevents criminals from using stolen or spoofed credentials to impersonate legitimate customers. The problem is speed. In 2024, Verizon reported that phishing kits were able to harvest the first credential in under 60 seconds, while banks typically only detected fraud several hours later. That lag helped drive a staggering surge in ATO with 83% of financial institutions reporting direct business impact.

What is Swatting? How Fake Emergency Calls Turn Deadly

Cyber pranks have increased in the past few years. There is a fine line between playing a prank and harassing someone. People in the excitement of playing a prank often land themselves and others in trouble. On the other hand, some individuals harass others due to a dispute or revenge. On most occasions, victims narrowly escape the harassment against them, but sometimes, they pay severe consequences in the form of property damage, injury, or even death.

Is It Or Is It Not an HP Scam?

These days it can be hard to tell if something is or isn’t a scam. Take this email I recently received. It claims to be from HP. It included a PDF file attachment: It would be great if it actually told me the product it was referring to beyond some obscure serial number. I checked the serial number. It didn’t match my HP printer sitting next to my desk. All my laptops and older desktop computers are Dell. I didn’t like how it didn’t have my full name. Just Roger. No product name.

How Business Verification Can Protect Your Organization from Digital Fraud Rings

The modern business environment is hyperconnected, and cybercriminals don't always use malware or phishing to achieve their goals. The trend of disguising themselves as a legitimate business is quite clear. They create fake corporate identities and gain access to networks, contracts, and capital. Sometimes, even the most advanced cybersecurity systems are not enough to stop this from happening. Having a smart firewall is hardly enough if an enterprise is transacting with a fraudulent business. The security becomes compromised.

Report: More Than Half of Adults Encountered a Scam Last Year

Researchers at Bitdefender warn that scams are seeing a steady increase globally. Citing a recent report from the Global Anti-Scam Alliance (GASA), the researchers note that 57% of adults worldwide have reported encountering a scam in the past year, and 13% encounter a scam at least once per day. One in four adults lost money to a scam, and annual global scam losses now exceed $1 trillion.

Phishing Campaign Impersonates Google Careers Recruiters

A phishing campaign is impersonating Google Careers to target job seekers, according to researchers at Sublime Security. “The scam is simple,” the researchers write. “An adversary sends an ‘are you open to talk?’ message impersonating an outreach email from Google Careers. If the target clicks the link, they’re taken to a landing page designed to look like a Google Careers meeting scheduler. From there, they’re taken to the phishing page.