Catching fraudsters isn’t as easy as just checking the IP address of an order anymore. Today’s fraudsters are smart, well-funded and coordinated, much more so than the merchants they attack. Fraud isn’t perpetrated by a random assortment of individuals; it’s organized crime. It’s “fraud as...
The WannaCry ransomware in May crippled hospitals, railways and government in more than 150 countries: the biggest cyberattack on the books, affecting hundreds of thousands of computers. Few paid up, but with systems down for days or weeks, bottom lines certainly suffered regardless. Get the...
Fourteen Trump Hotel properties were hit by a data breach, and management announced the news on Tuesday, including those in Las Vegas, New York, Washington, D.C. and Chicago. Guest names, addresses, phone numbers, credit card numbers and card expiration dates were exposed. Get the Full Story...
Deep Instinct, the cybersecurity company, announced Wednesday (July 12) it has raised $32 million in Series B financing. 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...
Another day, another fraud attack. But this one is unique because, at least at first, it was believed that consumer biometric data may have been compromised. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
New cyber threats have shoved legacy antivirus systems into obsolescence. Polymorphic malware changes its profile as it attacks, sliding around pattern recognition-based defenses. Cyber defense firms are therefore developing new methods based on artificial intelligence. Get the Full Story Complete the form to unlock this...
Avanti Markets, a micro-market provider selling snacks at businesses and boasting more than 1.6 million customers, is the latest to get hit with a malware attack. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Cybersecurity company Symantec recently announced it has entered an agreement to acquire U.S. and Israel-based Skycure, a mobile threat defense company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Teach a man to phish and he’ll launch a phishing attempt every 30 seconds for the rest of his life. So what can businesses do to keep customers from biting, yet still provide a convenient platform for them to conduct digital payments and financial services?...