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

Mastercard’s Gerber: Cybersecurity Needs Its Own Paris Accord

Mastercard’s Gerber: Cybersecurity Needs Its Own Paris Accord
Mastercard’s Gerber: Cybersecurity Needs Its Own Paris Accord
April 26, 2021  |  Security & Fraud

Recent research shows that the average data breach costs financial institutions (FIs) $210 on average per compromised account, and it costs merchants $119. But on...

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UK’s Darktrace Faces Reality: Cuts Valuation For Pending IPO
UK’s Darktrace Faces Reality: Cuts Valuation For Pending IPO
April 25, 2021  |  IPO

Darktrace, a cybersecurity company, will be slashing the value of its forthcoming London flotation, looking instead for a cautious approach to avoid the kind of...

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Deep Dive: How Automating Back-End Processes Can Accelerate And Amplify Digital Transformations
Deep Dive: How Automating Back-End Processes Can Accelerate And Amplify Digital Transformations
April 22, 2021  |  Digital-First Banking

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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DOJ Task Force Targeting Ransomware Ecosystem
DOJ Task Force Targeting Ransomware Ecosystem
April 21, 2021  |  Security & Fraud

A new task force launched by the U.S. Department of Justice (DOJ) is looking to curtail ransomware and other cyberattacks by targeting the underlying digital...

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Fighting Fraudulent Behavior With Anomaly Detection A Major Step In Cybersecurity
Fighting Fraudulent Behavior With Anomaly Detection A Major Step In Cybersecurity
April 19, 2021  |  Fraud Prevention

Shocking but true are the facts that 95 percent of fraudulent synthetic identities are missed by legacy security measures when remotely onboarding new accounts, and...

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Paysafe On How The Pandemic Changed The Game For AML Teams
Paysafe On How The Pandemic Changed The Game For AML Teams
April 14, 2021  |  AML

The pandemic-driven digital payment surge has kept anti-money laundering (AML) teams on their toes, but many have focused too heavily on money laundering without rooting...

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NEW REPORT: Hotels, Airlines Tap Payments Orchestration To Meet Consumers’ New Digital Expectations
NEW REPORT: Hotels, Airlines Tap Payments Orchestration To Meet Consumers’ New Digital Expectations
April 14, 2021  |  Payments Innovation

Businesses worldwide are still reeling from the pandemic’s impact, with the travel and hospitality sectors hit harder than most. Some of the most innovative hospitality...

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The Number One Threat To Global Finance? Cyber Attacks
The Number One Threat To Global Finance? Cyber Attacks
April 13, 2021  |  Security & Fraud

Cyberattacks are the greatest threat to the world’s financial system, Federal Reserve Chairman Jerome Powell said in an interview with CBS News this week. Speaking...

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Report: Real-Time Transaction Analysis Helps Firms Root Out Fraud, Money Laundering
Report: Real-Time Transaction Analysis Helps Firms Root Out Fraud, Money Laundering
April 13, 2021  |  AML

The mass manufacture and distribution of vaccines means the pandemic will eventually come to a close, but its effects on the payments industry could very...

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