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

BBB Warns Of Cash App Scam Taking Thousands From Users
BBB Warns Of Cash App Scam Taking Thousands From Users
November 22, 2020  |  Security & Fraud

A scam involving a supposed customer service representative from Cash App has robbed several people of as much as thousands of dollars, a report from...

READ MORE >
FTC Sues Beam Financial For Failing To Deliver Mobile Banking Users’ Funds
FTC Sues Beam Financial For Failing To Deliver Mobile Banking Users’ Funds
November 18, 2020  |  Security & Fraud

The Federal Trade Commission (FTC) has alleged that the mobile banking app Beam Financial has misled customers about quick transfers of funds, a press release...

READ MORE >
Detecting And Preventing Cyberfraud Amid Large Transaction Volumes
Detecting And Preventing Cyberfraud Amid Large Transaction Volumes
November 17, 2020  |  Security & Fraud

Over 60 percent of banks say fraud volumes are rising, with over 40 percent reporting that average fraud hit value is going up. Under COVID,...

READ MORE >
Deep Dive: How FIs And Merchants Are Pushing Back Against Push Payment Fraud
Deep Dive: How FIs And Merchants Are Pushing Back Against Push Payment Fraud
November 17, 2020  |  Fraud Prevention

The number of real-time payments has risen dramatically in recent years, and APP fraud has grown alongside it. Fraudsters utilizing these schemes rely on tactics...

READ MORE >
Deep Dive: How Biometrics Help Telecommunication Companies Fight Onboarding Challenges, SIM Swap Fraud
Deep Dive: How Biometrics Help Telecommunication Companies Fight Onboarding Challenges, SIM Swap Fraud
November 17, 2020  |  Digital Identity

Consumers’ ownership of smartphones has become all but ubiquitous in the U.S. More than three-quarters of Americans carry a smartphone, with average users checking their...

READ MORE >
European Central Bank To Launch Probe Of 10-Hour Payments System Outage
European Central Bank To Launch Probe Of 10-Hour Payments System Outage
November 16, 2020  |  Europe

The European Central Bank (ECB) has plans to independently investigate an incident that affected its TARGET2 real-time gross settlement system on Oct. 23 this year,...

READ MORE >
Commerce Department Won’t Pursue TikTok Shutdown
Commerce Department Won’t Pursue TikTok Shutdown
November 12, 2020  |  Mobile Applications

The Commerce Department won’t be enforcing the order that would have effectively shut down the popular video-sharing app TikTok, according to a report from The...

READ MORE >
Kount Debuts New Bot Detection Solution
Kount Debuts New Bot Detection Solution
November 11, 2020  |  Security & Fraud

Kount, which works in fraud prevention and identity trust, has rolled out its new Event-Based Bot Detection solution, which will provide a more comprehensive level...

READ MORE >
Cloud Cybersecurity Platform SentinelOne Nets $267M; Now Valued At Over $3B
Cloud Cybersecurity Platform SentinelOne Nets $267M; Now Valued At Over $3B
November 11, 2020  |  Investments

Cloud-based cybersecurity platform SentinelOne has raised $267 million in a Series F funding round, the company announced in a press release. The new funding, led...

READ MORE >