There’s a big security loophole affecting plastic payment cards—called a replay (or pre-play) attack. Banks have known about this loophole for more than a decade. But they may still blame […]
We all now use one-time passcodes (OTPs) to verify our identity online. In the last few weeks, I’ve personally received OTPs from Amazon, Apple, Google, the UK Driving Licence Authority, […]
The UK prides itself in being open for firms to set up business. It takes only £12—and 15-20 minutes—to create a new company online. But the laxity of the country’s […]
Having your identity stolen is a catastrophe. You can lose your reputation, your credit rating, your money, your home or even be accused of fraud yourself. To victims, ID theft […]
In the latest episode of Unseen Money, Timur Yunusov and I discuss how to stop a bad dream turning into a real nightmare: when a phone snatcher has your mobile […]
Last week UK prime minister Keir Starmer said artificial intelligence (AI) could help fix potholes, teach our kids and slash the cost of public services. What he failed to mention […]
This is Unseen Money from New Money Review. I’m Paul Amery and I’m joined by my co-host, security researcher Timur Yunusov. Unseen money is our journey into the darker corners […]
Tim Yunusov is a computer scientist and security researcher with a special interest in banking and payment systems. He’s also written a series of articles on hacking for New Money […]
Some frauds and scams aimed at emptying your bank account are ringing alarm bells. But what about the ones that aren’t? Authorised push payment fraud (APPF) – where the victim […]
Payment cards linked to cryptocurrencies are booming. But adding a volatile, fraud-ridden new technology (crypto) to a rickety old one (card payment networks) risks all kinds of new problems. By […]
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