Cybersecurity

Cybersecurity
Hacker Hits Italy-Owned Bank’s Emails, Data Breach Unknown
April 12, 2020

Italian bank Monte dei Paschi was the victim of a hacking attempt, according to a notice seen by reporters recently, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cybersecurity
Travelex Reportedly Paid $2.3M Ransom To Hackers
April 09, 2020

Travelex, the foreign exchange company that was crippled by hackers on New Year’s Eve, reportedly paid a $2.3 million ransom to get their systems back online, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cybersecurity
China’s Olympic Committee Sounds Alarm On Potential Blockchain Fraud
April 09, 2020

The 2020 Summer Olympics, which were to take place in Tokyo, have been rescheduled for 2021 as the spread of the coronavirus leaps over international borders and outruns human efforts to contain it. Get the Full Story Complete the form to unlock this article and...

Fraud Prevention
Shutting The Front Door On Online Fraudsters
April 09, 2020

Building a secure customer journey is always a bit of a balancing act. 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....

Fraud Prevention
State-Backed Hackers Playing On COVID-19 Fears, US And UK Warn
April 08, 2020

As the coronavirus pandemic continues to roil the U.S. and the U.K., a wave of new cyberattacks appears to be taking advantage of the situation in both countries, according to a Reuters report. Get the Full Story Complete the form to unlock this article and...

Cybersecurity
Travis Kalanick Disavows ‘Internet Food Court’ Using His Name
April 08, 2020

An “internet food court” website seemingly associated with Uber Co-Founder Travis Kalanick‘s ghost kitchens business appears to have vanished, with representatives saying someone else had gone forward with the idea without authorization, according to the Financial Times. Get the Full Story Complete the form to...

Cybersecurity
Preparing For The Unknown With Artificial Intelligence And Machine Learning
April 07, 2020

“We cannot outright predict a pandemic any more than we can predict a data breach or an account takeover,” DataVisor CEO and Co-Founder Yinglian Xie recently told PYMNTS. “What we can do, however, is empower organizations to proactively spot burgeoning crises early and take decisive...

Cybersecurity
Armor-Plating Personally Identifiable Information
April 07, 2020

An unprecedented deluge of personally identifiable information (PII) is right now coursing between government agencies, financial institutions (FIs), individuals and business owners, as tens of millions apply for new CARES Act funding under the Payroll Protection Program (PPP), in the form of emergency Small Business...

Fraud Prevention
How Visa And The US Secret Service Are Flattening The COVID-19 Fraud Curve
April 06, 2020

Fraudsters don’t get furloughs, they aren’t much for vacationing, and they certainly aren’t above taking advantage of a bad situation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....