Subject: SCN Daily News (HTML) Wednesday, 22 May 2019
Date: 22/05/2019, 11:34

Smart Card News Online

Wednesday, 22 May 2019

Computer Developer Accused of Cyber Attack against UK Ex-employer Flees Britain

A judge has ordered the arrest of a Canadian computer developer who carried out a cyber attack against his former employer in the UK, after the defendant allegedly skipped the country before a scheduled court appearance.

Evan Strukoff, 32, has admitted two charges relating to the attack on Experience Engine in Great Baddow, Essex, but disputes issues including whether his actions affected the firm's commercial operation.

Link: Birmingham Mail

Millions Lost in Celebrity-backed Scams

Celebrity influencers are being used to promote crypto-currency and currency trading schemes which turn out to be scams, the City watchdog has warned.

These celebrities often have a large following on social media - an opportunity seized on by con-artists to cast a wide net for potential victims.

Link: BBC News

Mastercard, Samsung Partner to Develop Secure Digital Identity Beyond Passwords

The company said that consumers soon will be able to use a digital identity method for their devices that works for both the physical and digital interactions. This method would be used for everything from accessing email to opening a bank account, shopping online or watching streaming video.

Link: Mobile Payments Today

What the Romans Can Teach Us about Digital Identity

Of the more than 50 million people who lived in the Roman Empire, only about five million were fully Roman citizens.

Roman citizens were required to take part in government, either by voting or by holding public office. So if you wanted to know if someone was a citizen, the answer was simple: just ask around. You might not know if someone was a citizen, but it was inevitable that someone would. Even in a society with an official census, identity was essentially distributed.

Link: Banking Tech

Regulators Set to Adopt Tough New Rules for Crypto Exchanges

The cryptocurrency industry is bracing for forthcoming international regulatory standards that would require exchanges to collect and share information about where and to whom they are sending money.

This would go beyond the basic "know your customer" (KYC) rules that bedevil many crypto users. In addition to verifying and keeping records of their own users' identities, exchanges and other service providers would have to pass customer information to each other when transferring funds, just as banks are required to do.

Link: CoinDesk

TalkTalk Data Breach Customer Details Found Online

TalkTalk failed to inform 4,545 customers their personal information, including bank account details, were stolen as part of the 2015 data breach.

Viewers contacted BBC Watchdog Live about concerns that their details had been breached by TalkTalk.

But the company had told them that their details were not compromised.

Link: BBC News

Note to Subscribers

As a subscriber to Smart Card News we currently send you the latest industry news together with carefully selected industry events and updates.

We do not share your data with any third parties. However, due to changes in the law (GDPR) from May 2018, we need to confirm you are happy for us to continue to hold your details. If you DO NOT wish to continue to receive mailings from us you can unsubscribe at any time by:- emailing us at or click Unsubscribe

Please note, if you do not unsubscribe, we will take that as confirmation that you are happy to receive future mailings from us.

Smart Card News Limited, Gratwicke House, 10 East Street, Littlehampton, West Sussex, BN17 6AW, Registered in England 2728296.

Important Information

From time to time, this news service may include industry forecasts and forward looking statements made by the companies concerned. Readers should be advised that Smart Card News Ltd cannot be held responsible for decisions and/or actions taken by readers of our news service, based on the information provided. This news is only to be distributed to persons/companies who have a contract with Smart Card News Ltd. Unless your company has gained a licence and/or written permission from Smart Card News, the contents of this news page are not to be forwarded to any other person or server. Any replication by any means without prior permission is illegal and action may be taken. If you receive this online news from a forwarded source please contact the team at Smart Card News Ltd. It is illegal to replicate this online news.

Tel: +44 (0)1903 723 548