Cybersecurity

Cybersecurity
Report: Hackers Seized McDonald’s Instagram Account for ‘Rug Pull’ Scam
August 21, 2024

McDonald’s reportedly suffered a hack of its Instagram account Wednesday (Aug. 21), with the hackers claiming they used the fast-food giant’s account to promote a fake cryptocurrency that they dubbed “GRIMACE” and pocket $700,000 from the scam. Get the Full Story Complete the form to...

Cybersecurity
UK Banks Struggle With ‘Ambiguous’ Fraud Reimbursement Rules
August 21, 2024

Banks, FinTechs and payments companies in the United Kingdom are reportedly struggling with the country’s new fraud rules. 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...

Cybersecurity
Spreedly CTO Shares Back-to-Basics Approach for Combating Fraud
August 21, 2024

As payment fraud continues to become more sophisticated, many payments companies advocate for a return to fundamental security practices while using new technologies to protect their clients. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cybersecurity
Cybercrime Goes Corporate as Ransomware Gangs Seek Bigger Payouts
August 20, 2024

In periods of softening consumer spend, businesses are increasingly turning to the vast B2B marketplace to boost their bottom-line. 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...

Fraud Prevention
Account Onboarding Gets Its AI Makeover
August 20, 2024

Here’s the thing about fraud: You don’t want to have to calculate the ROI of fraud when it’s too late. Because the flip side can be treacherous. Unfortunately, the prevailing mindset of banks and other companies may be that they don’t have the resources to...

Cybersecurity
Mastercard Executive Urges Companies to Embed Security in Their Business DNA
August 20, 2024

In today’s operating landscape, cybersafety and business success tend to go hand in hand. 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
Cyberattack Surge Demands Culture of Proactive Security
August 19, 2024

Death and taxes have long been life’s unavoidable realities. Now, add to that list the rising prevalence of cyberattacks — and the growing imperative for businesses to defend against them, especially in B2B payments. Get the Full Story Complete the form to unlock this article...

Cybersecurity
The Clearing House CISO Says Multilayered Defense Key to Operational Resilience
August 19, 2024

In today’s hyper-connected operating environment, the question is not if a business will face a cyberthreat, but when. 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...

Cybersecurity
Social Security Number Hack May Produce New Fraud Vector
August 18, 2024

Earlier this year, hackers stole the data of 2.9 billion people from a broker. 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...