Cybersecurity

Cybersecurity
To Blunt Fraud, Chase The Consumer, Not The Fraudster
February 07, 2018

Here’s a novel concept in the eternal battle against payments fraud: Chase the customer. 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
Another Hack Opens Amazon’s Key
February 06, 2018

Amazon Key customers beware: A security researcher has discovered a hack that hinders Amazon Key’s ability to lock, allowing anyone to get into a Key-enabled home. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cybersecurity
Apple, Cisco Team Up On B2B Cybersecurity Fix
February 06, 2018

Apple, Cisco, Aon and Allianz announced news on Monday (Feb. 5) that they have joined forces to create a new cyber risk management service geared toward businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cybersecurity
In Battling Identity Fraud, Finding The (Synthetic ID) Devil Behind The Details
February 06, 2018

Millions of people are victim of identity theft each year. Post Equifax breach, the numbers will swell. The fraudsters are ever resourceful, picking and choosing data to fashion synthetic IDs. GIACT EVP of Product David Barnhardt tells PYMNTS' Karen Webster that for firms seeking to...

Cybersecurity
Denmark Sees 60 Percent Increase In Credit Card Fraud
February 02, 2018

No matter where you live, credit card fraud is a harsh reality. Take Denmark, for example, which saw a 60 percent increase in fraudulent card charges in 2016. According to Bloomberg, Danish police said reported card fraud reached 105 million kroner ($18 million USD) in 2016,...

Cybersecurity
Public Charge Stations Are Vulnerable To Fraudulent Charges
February 02, 2018

Electric car drivers need to be on the lookout for fraudulent charges on their credit cards due to a lack of security measures at some public charging stations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Fraud Prevention
Malware Attack On National Stores Inc. Exposed Payment Data
January 31, 2018

Following a malware attack that allowed “unauthorized parties” to access customer credit card information, off-price retailer National Stores is seeking to prevent fraudulent activity and improve the security of its point-of-sale (POS) systems, the company said in an announcement. Get the Full Story Complete the...

Cybersecurity
House Approves Bills To Prevent Financial Abuse Of Seniors
January 31, 2018

A duo of bills passed in the U.S. House of Representatives on Monday (Jan. 29) that would curb financial abuse of senior citizens and also ease the way for consumers residing in rural areas to open their bank accounts via remote means. Get the Full...

Cybersecurity
UK To Fine Critical Companies With Weak Cybersecurity
January 30, 2018

Critical companies in the United Kingdom could face a hefty fine – up to £17 million ($24 million) – if they don’t ensure that their cybersecurity systems are up to par. Get the Full Story Complete the form to unlock this article and enjoy unlimited...