Cybersecurity

Cybersecurity
Wisconsin Teen Pleads Guilty to Conspiracy in Betting Website Hack
November 15, 2023

A 19-year-old man from Madison, Wisconsin, has pleaded guilty to conspiracy to commit computer intrusion.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Fraud Prevention
Only a Third of eCommerce Merchants Know if Fraud Caused a Failed Payment
November 14, 2023

Online retailers widely implement anti-fraud tools and strategies — but minimizing false declines while effectively screening out potential fraud is easier said than done. Payment service providers (PSPs) can be crucial in helping eCommerce firms find the right approach to these challenges. In fact, 86%...

Cybersecurity
McLaren Health Care Reports Data Breach Affecting 2.2 Million Patients
November 13, 2023

McLaren Health Care, a healthcare provider based in Michigan, has reported a data breach that compromised the personal and health information of about 2.2 million patients.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cybersecurity
Hackers Claim ICBC Paid to End Ransomware Attack
November 13, 2023

A hacker group says the Industrial and Commercial Bank of China (ICBC) paid a ransom following an attack last week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Cybersecurity
Report: $27 Million in Crypto Swiped From Binance-Linked Wallet
November 13, 2023

A hacker reportedly stole $27 million in cryptocurrency from a Binance-connected wallet. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Fraud Prevention
Report: ICBC Subsidiary Disconnects From Electronic Settlement Platform Amid Cyberattack
November 10, 2023

The U.S. subsidiary of Industrial and Commercial Bank of China (ICBC) reportedly disconnected itself from an electronic settlement platform for U.S. Treasury securities operated by BNY Mellon after ICBC suffered a ransomware attack, Reuters reported Friday (Nov. 10). In the meantime, BNY Mellon is manually...

Cybersecurity
Hackers: OpenAI’s Ties to Israel Led to ChatGPT Attack
November 09, 2023

A hacking group with reported ties to Russia has claimed credit for attacking ChatGPT. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Fraud Prevention
Automated Payments Are Crucial First Step in Broader Enterprise Digitization
November 08, 2023

Fraudulent activities can manifest in various forms, including identity theft, payment fraud and cyberattacks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Fraud Prevention
Financial Platform Charlie Debuts Fraud Protection Tools for Older Americans
November 08, 2023

Senior-focused financial platform Charlie has introduced a suite of fraud protection tools for older Americans. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....