The adoption of digital transactions has skyrocketed since the beginning of the pandemic, alongside a commensurate decrease in the use of cash, causing many to ponder the future fate of fiat currency. Get the Full Story Complete the form to unlock this article and enjoy...
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Multiple arrests have been made recently as part of a nationwide ransomware sting, according to a Tuesday (Nov. 9) report from NBC News. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Merchants are all too aware of the risks of fraud and data breaches as more business goes online. In the Digital Fraud Tracker, Corvus Insurance’s Jason Rebholz explains why businesses must emphasize employee education and require partners to obtain cybersecurity insurance to make sure they’re...
Brokerage and crypto-buying app Robinhood has experienced a data security incident, resulting in a hacker stealing five million customer email addresses, the company announced Monday (Nov. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
In a breakthrough for the President Joe Biden administration’s pursuit of cybercriminals, law enforcement officials seized $6.1 million in ransom payments, and federal prosecutors charged a suspect over a July ransomware attack on American company Kaseya, according to a Department of Justice (DOJ) press release....
Live streamers based in Turkey are allegedly behind a $10 million money-laundering ring that used the live streaming platform Twitch, which is owned by Amazon, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
At least nine critical networks were hacked — including one from the U.S. — in an ongoing campaign that has compromised healthcare, defense, energy, technology, and education organizations worldwide, according to reports on Monday (Nov. 8). Get the Full Story Complete the form to unlock...
Fighting fraud starts with securely onboarding new customers, but overly-stringent measures often yield false positives and lower conversion rates, and they create other bad outcomes. In this month’s Monetizing Digital Intent Tracker, Manik Chawla, chief risk officer of credit card provider Petal, explains how behavioral...
