Cybersecurity

Cybersecurity
Australia’s CBA Warns of False Crypto Platform Partnership Report
April 19, 2022

The Commonwealth Bank of Australia (CBA) released a statement on Tuesday (April 19) denouncing claims that the bank was partnering with a cryptocurrency trading platform that came from a false news article. Get the Full Story Complete the form to unlock this article and enjoy...

Cybersecurity
Visa Says It Will Take New Actions to Fight Cybercrime
April 19, 2022

Visa wrote in a blog that digital payments have become more important, with a level of reliability and speed, so the company has taken more of a responsibility to fight fraud and keep transactions secure. Get the Full Story Complete the form to unlock this...

Cybersecurity
Report: UK Encryption Startup Arqit Overstates Its Outlook
April 18, 2022

The viability of U.K. cybersecurity startup Arqit’s proposed approach to encryption technology is overstated, The Wall Street Journal reported on Monday (April 18), citing unnamed sources and documents seen by the news outlet. Get the Full Story Complete the form to unlock this article and...

Cybersecurity
Internet Crime Center Issues Warning About New Texting Scam
April 15, 2022

The U.S. Internet Crime Complaint Center, also known as IC3, is warning the public about a cybersecurity scam that tricks people into transferring funds in order to “reverse” instant payments, according to an FBI press release. Get the Full Story Complete the form to unlock this...

Cybersecurity
UK Online Safety Bill Can Reduce Authorized Push Payment Fraud 
April 14, 2022

The U.K. Online Safety Bill was introduced in the U.K. Parliament on March 17, 2022, to curb online harms by significantly increasing the responsibilities of social media firms and search engines to monitor content posted on their platforms.  Get the Full Story Complete the form...

Fraud Prevention
Surecomp Debuts Duplicate Financing Fraud Prevention
April 12, 2022

Surecomp is launching a new offering that uses advanced cryptographic technology to allow financial institutions (FIs) to lessen the risk of duplicate financing fraud, according to a Tuesday (April 12) press release. Get the Full Story Complete the form to unlock this article and enjoy...

Cybersecurity
Synovus Bank: Navigating the New Landscape of Compliance and Risk
April 11, 2022

Strong fraud protections, anti-money laundering (AML) compliance and seamless user experiences go together in today’s marketplace. 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...

Cybersecurity
New Jersey Man Admits His Invoice Factoring Company Bilked Lenders of $50M
April 08, 2022

A New Jersey man admitted Thursday (April 7) to running a decade-long invoice factoring scheme that bilked lenders of $50 million, the U.S. Attorney’s Office in Trenton, New Jersey, announced. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cybersecurity
Microsoft Seizes Internet Domains Linked to Russian Cyberattacks on Ukraine
April 08, 2022

Microsoft Corp. has disrupted a Russian cyber attacker that targeted Ukraine, according to Tom Burt, the company’s corporate vice president of customer security and trust. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...