Cybersecurity

Cybersecurity
Featurespace Patents Show Role Of Neural Networks In Finding Transaction Anomalies In Real Time
July 12, 2021

The window financial institutions (FIs) have to determine “good” customers from “bad” lasts milliseconds. 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...

Cybersecurity
Mastercard’s Gerber: Innovation Needs Consumer Trust To Advance The Digital Economy
July 12, 2021

“The boat has left the harbor and is in the open seas,” Mastercard Executive Vice President of Security and Cyber Innovation Johan Gerber told PYMNTS’ Karen Webster, adding that the ongoing shift from traditional to digital is set to stick. “I don’t see us ever...

Fraud Prevention
How AI And Machine Learning Can Address Banks’ Fraud-Fighting Weaknesses
July 09, 2021

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Cybersecurity
How Intelligent Friction Trips Up The Fraudsters
July 09, 2021

“The criminals are always opportunistic.” 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...

Fraud Prevention
Deep Dive: Why Innovative AML, Watchlist Screening Solutions Are Key To Blocking Digital-First Crime
July 08, 2021

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Fraud Prevention
FBI: Why AI And MFA Provide The Most Effective Fraud Defense
July 08, 2021

Fraudsters’ use of social engineering and phishing continues to triumph many of the modern-day fraud-fighting techniques. In this month’s Digital Fraud Tracker, PYMNTS talked with Enrique Alvarez, special agent for the FBI’s cyber branch, about how combining multifactor authentication and AI can help save merchants...

Cybersecurity
Kaseya Was Warned About Cybersecurity Flaw In April
July 07, 2021

Kaseya, a Miami software supplier which helps technology service providers manage computer networks, knew in April about “a cybersecurity vulnerability” used in a massive ransomware attack last week, The Wall Street Journal (WSJ) reported, citing a Dutch security researcher group that discovered the issue. Get the...

Fraud Prevention
The FBI On Revamping Fraud Prevention Strategies To Protect Against Digital-First Financial Crime
July 07, 2021

Financial institutions (FIs) often shut down accounts at the first sign of fraud, but this blanket approach can alienate legitimate users and let stealthier cybercriminals slip through the cracks. In the latest Preventing Financial Crimes Playbook, PYMNTS spoke with an FBI spokesperson to examine why...

Fraud Prevention
FBI: Businesses Need AI to Curb Social Engineering, Phishing Fraud
July 07, 2021

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