Contents
NEWS
Massive malware infection targeted at Ukraine spreads worldwide 1
Cost of fraud increases 3

FEATURES
Two-factor inauthentication – the rise in SMS phishing attacks 6
PSD2: Is the banking industry prepared? 9
Can consumers bank on financial services being secure with GDPR? 11
GDPR – compliance nightmare or business opportunity? 14
Extreme prejudice: securing networks by treating all data as a threat 16

Editorial 2
Report analysis 4
News in brief 5
Calendar 20