Cybersecurity

Cybersecurity
The ROI To FIs Of Protecting The Consumer’s Identity
May 29, 2018

The basic rule of personal security has changed little since ancient times: A person’s home — or hut, cottage, hovel or flat — is that person’s castle, the main location where relatives and valuables are secured from nefarious forces outside the door. Get the Full...

Cybersecurity
Paytm Accused Of Sharing User Data With Indian Government
May 28, 2018

Paytm, the leading digital wallet company in India with more than 230 million customers, has reportedly shared the personal data of users with the Indian government. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cybersecurity
FBI Says Russian Hackers Have Compromised Routers
May 25, 2018

U.S. authorities said Friday (May 25) that Russian hackers had “compromised hundreds of thousands of home and office routers and could collect user information or shut down network traffic,” according to a report from Reuters. The new follows warnings earlier this week about a potential...

Cybersecurity
Was A Massive Cyberattack Just Prevented?
May 24, 2018

The Federal Bureau of Investigation (FBI) is dismantling a “large network of hacked routers and storage devices” that could have enabled a “massive cyberattack,” according to a report in The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy...

Cybersecurity
Trulioo GM: The Challenges Of GDPR’s Disappearing Data Act
May 24, 2018

As the age of GDPR dawns, consumers have the power to ask that their info be erased. Firms are ready or not, and Trulioo GM Zac Cohen weighs in on how fraud may find different conduits, where the bad guys, gains ill gotten, wipe the...

Cybersecurity
As GDPR Looms, DPAs Prepare To Uphold Lawful Data Handling
May 24, 2018

In the May Digital Identity Tracker, get the latest news and trends in the digital identity space, including a provider directory of the top players and an interview with Ultan O’Carroll, assistant commissioner of Ireland’s Data Protection Commissioner, on the consequences of GDPR non-compliance.

Cybersecurity
South Africans The Subject Of Another Data Leak
May 23, 2018

South Africa, following a massive breach in October 2017, suffered another attack, with the personal records of 934,000 South Africans being leaked. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Fraud Prevention
Vocalink: How To Stop Fraud In The Era Of Real-Time Payments
May 23, 2018

As the speed of payments increases around the world, the potential scope of fraud shifts to targets beyond cards. Criminals are taking advantage of the global spread of real-time digital transactions to con chief financial officers, invoice managers and the like, hoping to steal massive...

Cybersecurity
TRENDING: Inside GDPR’s Enforcement Strategies
May 23, 2018

Cyberattacks on American financial institutions are at an all-time high, with more and more cybercriminals eyeing consumers’ financial data and other sensitive information. A February 2018 study from the Federal Reserve Bank of Minneapolis found that 75 percent of American financial institutions incurred losses due to...