Cybersecurity

Fraud Prevention
Strong Authentication Fosters Trust Among Open Banking Users
March 07, 2024

The payments journey, and landscape, is an ever evolving one, but one thing is certain: fraudsters will try to exploit any vulnerability they can to access money and data that isn’t theirs. Get the Full Story Complete the form to unlock this article and enjoy...

Cybersecurity
Fraudsters Exploit Cloud Access Points to Orchestrate Sophisticated Attacks
March 06, 2024

Recent data from the Federal Trade Commission (FTC) shows that U.S. fraud losses topped $10 billion in 2023, indicating that the risk of cybercrime has soared to unprecedented heights. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cybersecurity
New Data: Security Concerns Overshadow Convenience in ‘Everyday App’ Debate
March 06, 2024

More consumers than ever now rely on mobile apps to manage their daily chores. 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
Amazon Deploys Technology, Education to Combat Impersonation Fraud
March 05, 2024

Amazon is using several tactics to combat impersonation fraud. 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. By completing this form, you...

Cybersecurity
Report: Hackers Claim UnitedHealth Group Paid $22 Million in Ransomware Attack
March 05, 2024

A post on an online forum popular with cybercriminals reportedly claimed that UnitedHealth Group paid $22 million to the Blackcat ransomware group to recover compromised data and systems of its subsidiary, Change Healthcare. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cybersecurity
American Express Notifies Customers of Data Breach at Third Party Used by Others
March 04, 2024

American Express has notified customers of a data breach at a third-party service provider that is used by many merchants. 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...

Cybersecurity
‘Pig Butchering’ Scams Pose Growing Risk to Businesses
March 04, 2024

Behavioral fraud and social engineering scams are getting more dangerous for businesses. 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. By...

Cybersecurity
FIs Reckon With Rising Fraud Rates in Run-Up to Real-Time Payments
March 01, 2024

Financial institutions are beset on all sides. 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. By completing this form, you agree...

Cybersecurity
Firms Embrace AI for Faster, Smarter Cybersecurity Solutions
March 01, 2024

Google CEO Sundar Pichai recently noted that artificial intelligence (AI) could boost online security, a sentiment echoed by many industry experts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...