Cybersecurity

Cybersecurity
Homeland Security Embarks On Cyber Sprint To Stop Ransomware
April 01, 2021

These days, data is big business. It makes sense then, that ransomware attacks in which data is stolen or encrypted is a big modern category of crime. In fact, the ransomware threat is so significant that Wednesday, the Department of Homeland Security Secretary Alejandro Mayorkas said...

Cybersecurity
India’s Central Bank Demands MobiKwik Examine Alleged Data Leak
April 01, 2021

India’s central bank is demanding that the digital payments firm MobiKwik have an external audit conducted regarding allegations that a hacker stole data from its 110 million users, Reuters reported on Thursday (April 1), citing sources. Get the Full Story Complete the form to unlock...

Cybersecurity
DHS Secretary Singles Out Ransomware As Cybercrime Priority
March 31, 2021

Department of Homeland Security (DHS) Secretary Alejandro Mayorkas will make stopping ransomware attacks a priority in the new administration, Reuters reported. His focus on that subject shows the increasing need to meet the threat of data-scrambling software. Get the Full Story Complete the form to...

Cybersecurity
Indian Mobile Phone Gateway MobiKwik Looks Into 110 Million User Data Breach
March 31, 2021

MobiKwik, the Indian payments firm, will get an independent audit after a reported breach that could’ve compromised the data of millions of users, Reuters reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cybersecurity
Travel Business Pushes Facial ID Toward Its Close Up
March 30, 2021

Everywhere you go, there you — and your face — are. 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...

Cybersecurity
Fraudsters Siphon $100 Million In COVID Relief Through Online Investment Platforms
March 30, 2021

Scammers stealing from government-funded pandemic relief programs have found a new trick — opening accounts with at least four online investment platforms, CNBC reported Monday (March 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cybersecurity
UK Bank Fraud Cases Nearly Doubled In 2020
March 25, 2021

Criminals in Great Britain are exploiting people’s COVID-19-related anxiety to carry out an increasing number of online and technology-aided scams. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Cybersecurity
US Pandemic Scams, Fraud Cost Consumers $382 Million
March 24, 2021

As COVID-19 stimulus funds continue hitting bank accounts and mailboxes, a new Federal Trade Commission (FTC) report is alerting people to beware of pandemic-related scams, which have so far cost taxpayers about $382 million. Get the Full Story Complete the form to unlock this article...

Fraud Prevention
FinTech AI Startup Feedzai Raises $200 Million At $1 Billion Valuation
March 24, 2021

FinTech artificial intelligence (AI) firm Feedzai raised $200 million in a Series D funding round that gives the Silicon Valley startup a valuation topping $1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...