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

Patchy Payroll And Expense Management Systems Cry Out For Upgrades

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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BBB Warns Of Cash App Scam Taking Thousands From Users
BBB Warns Of Cash App Scam Taking Thousands From Users
November 22, 2020  |  Cybersecurity

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...

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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  |  Cybersecurity

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...

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Detecting And Preventing Cyberfraud Amid Large Transaction Volumes
Detecting And Preventing Cyberfraud Amid Large Transaction Volumes
November 17, 2020  |  Cybersecurity

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,...

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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

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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

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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,...

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Commerce Department Won’t Pursue TikTok Shutdown
Commerce Department Won’t Pursue TikTok Shutdown
November 12, 2020  |  Mobile

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...

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