Cybersecurity

Computer security, cybersecurity or information technology security is the protection of computer systems from the theft of or damage to their hardware, software, or electronic data, as well as from the disruption or misdirection of the services they provide.

Source: en.wikipedia.org

TSYS Attacked With Ransomware, Has Data Posted Online
TSYS Attacked With Ransomware, Has Data Posted Online
December 10, 2020  |  Security & Fraud

TSYS, a payment processing company, has suffered a ransomware attack and had some data posted online, according to a report from Krebs on Security. Krebs...

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Today In Payments: Cybersecurity Firm FireEye Hacked By Nation-State; PayPal’s iZettle Intros QR Codes At POS In UK
Today In Payments: Cybersecurity Firm FireEye Hacked By Nation-State; PayPal’s iZettle Intros QR Codes At...
December 09, 2020  |  News

In today’s top news, cybersecurity firm FireEye announced that it had been hacked by a suspected nation-state, and PayPal’s iZettle added QR code payments to...

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Refinitiv Completes Purchase Of GIACT For Fraud Prevention Expansion
Refinitiv Completes Purchase Of GIACT For Fraud Prevention Expansion
December 09, 2020  |  Security & Fraud

Finance data and infrastructure-service provider Refinitiv announced Wednesday (Dec. 9) that it’s successfully completed its acquisition of GIACT and has expanded its suite of products for fraud prevention and...

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Cybersecurity Firm FireEye Hacked By Suspected Nation-State
Cybersecurity Firm FireEye Hacked By Suspected Nation-State
December 09, 2020  |  Security & Fraud

The cybersecurity firm FireEye — which counts numerous government agencies among its clients — said in a blog post that its proprietary tools were hacked...

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Organizations’ Fraud Threats Rise This Holiday Season
Organizations’ Fraud Threats Rise This Holiday Season
December 08, 2020  |  B2B Payments

The holidays aren’t always so cheery as the risk of fraud plagues consumers and retailers alike. With the pandemic accelerating a surge in eCommerce volumes,...

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CSI, Featurespace Team Up To Fight Money Laundering
CSI, Featurespace Team Up To Fight Money Laundering
November 30, 2020  |  Security & Fraud

Computer Services, Inc. (CSI) is partnering with Featurespace to advance a new cybercrime solution to fight money laundering. WatchDOG AML is a “holistic” anti-money laundering...

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Hack Of C-Suite Email Addresses Portends Surge In BEC Fraud
Hack Of C-Suite Email Addresses Portends Surge In BEC Fraud
November 30, 2020  |  Security & Fraud

A hacker is reportedly selling information from hundreds of C-suite executives’ Microsoft-based email accounts, according to a report from Engadget. The targets spanned CEOs, vice...

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FIs Expect Cybersecurity Spending To Increase In 2021, Study Finds
FIs Expect Cybersecurity Spending To Increase In 2021, Study Finds
November 25, 2020  |  Security & Fraud

Financial firms expect that the cost to defend against cyberattacks will continue to increase in 2021, according to Bloomberg, citing a survey done by Deloitte...

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Patchy Payroll And Expense Management Systems Cry Out For Upgrades
Patchy Payroll And Expense Management Systems Cry Out For Upgrades
November 23, 2020  |  Smarter Payments

Banks, merchants, issuers, processors — they’re all locked in combat with shadowy fraudsters that gain system access via phishing emails as easily as mice sneak...

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