Cybersecurity

42% of Consumers Say ‘Verify Me’ Whenever They Pay for Goods and Services
Cybersecurity
42% of Consumers Say ‘Verify Me’ Whenever They Pay for Goods and Services
May 02, 2023

Security is top-of-mind for consumers as data breaches swirl across the headlines. 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...

UK APP Fraud Rules Will Keep Faster Payments Safer Long Term, Experts Say
Cybersecurity
UK APP Fraud Rules Will Keep Faster Payments Safer Long Term, Experts Say
May 02, 2023

The U.K. has been experiencing a widespread payments fraud epidemic in recent years. And to stem the tide, U.K. regulators are preparing to mandate that banks reimburse victims of authorized push payment (APP) fraud, one of the popular scams in the country, whereby individuals or...

UK Cuts Tech Firms Slack on Online Content Fraud
Cybersecurity
UK Cuts Tech Firms Slack on Online Content Fraud
May 01, 2023

The U.K.’s new anti-fraud strategy reportedly places less burden on tech companies. 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...

Former Apple Buyer Sentenced to Prison for $17 Million Fraud
Cybersecurity
Former Apple Buyer Sentenced to Prison for $17 Million Fraud
April 28, 2023

A former Apple buyer has been sentenced to three years in prison for defrauding the company of $17 million. 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...

UK Takes Aim at Problem Gambling With Proposed Regulation Updates
Cybersecurity
UK Takes Aim at Problem Gambling With Proposed Regulation Updates
April 27, 2023

The last time the U.K. issued gambling regulations, the iPhone hadn’t been invented. 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....

As Fraud Rates Rise, Businesses’ Worst Threat May Be in Their Inboxes
Fraud Prevention
As Fraud Rates Rise, Businesses’ Worst Threat May Be in Their Inboxes
April 26, 2023

Despite the increasingly sophisticated weapons fraudsters have on hand to execute their scams, business email compromise (BEC) attacks remain one of their most effective ploys. The FBI estimates U.S. businesses lost $2.4 billion to BEC schemes, in which fraudsters pretend to be a supplier or other...

Millennials, Gen Z Use Mobile Banking 5x More Than Their Parents
Cybersecurity
Millennials, Gen Z Use Mobile Banking 5x More Than Their Parents
April 26, 2023

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 completing this form, you agree to receive marketing communications from PYMNTS and...

Data Prevents Merchants From Falling Victim to Refund Abuse
Cybersecurity
Data Prevents Merchants From Falling Victim to Refund Abuse
April 26, 2023

Today’s sophisticated cyberfraud landscape requires constant vigilance by merchants against the ever-present threat of bad actors. 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...

What Experts Say It Takes to Stem the $49 Billion Rising Tide of Card-Not-Present Fraud
Cybersecurity
What Experts Say It Takes to Stem the $49 Billion Rising Tide of Card-Not-Present Fraud
April 25, 2023

The physicality of face-to-face commerce has put a huge dent in fraud. Or at least some types of fraud. 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...