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

Securing the Digital Customer Experience in a Changing World
Securing the Digital Customer Experience in a Changing World
October 31, 2023  |  Security & Fraud

The 21st century’s digital landscape is full of enterprise catch-22s and trade-offs. But one of the biggest may be threading the needle between delivering a...

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Report: Russian-Speaking Hacking Group Breached 632,000 US Government Email Addresses
Report: Russian-Speaking Hacking Group Breached 632,000 US Government Email Addresses
October 30, 2023  |  Cybersecurity

A Russian-speaking hacking group reportedly accessed the email addresses of about 632,000 U.S. federal employees at the Department of Defense and the Department of Justice. The cyberattack,...

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Synthetic Data Gives Firms Real Results in Fighting Fraud
Synthetic Data Gives Firms Real Results in Fighting Fraud
October 27, 2023  |  Cybersecurity

Imagine being able to train your defense systems on cyberattacks that haven’t even happened yet. Far from being farfetched, that reality is now fast becoming...

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Visa: Battle With Payments Fraudsters May Be Won With AI
Visa: Battle With Payments Fraudsters May Be Won With AI
October 27, 2023  |  artificial intelligence

Paul Fabara, chief risk officer at Visa, told PYMNTS in a recent interview that the shift to online channels during the pandemic — and afterward...

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Experts Reconsider Banning Ransom Payments as Ransomware Attacks Surge
Experts Reconsider Banning Ransom Payments as Ransomware Attacks Surge
October 25, 2023  |  Cybersecurity

Ransomware attacks have surged this year, despite efforts to curb them. As a result, experts are now reconsidering the idea of banning ransom payments altogether,...

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FTC: Cross-Border Fraud Cost Consumers $5.2 Billion 
FTC: Cross-Border Fraud Cost Consumers $5.2 Billion 
October 20, 2023  |  Fraud Attack

A new report by the Federal Trade Commission (FTC) shows the extent of the problem of cross-border fraud. Since the FTC began monitoring complaints on...

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Nearly 15% of FIs Cite Complex Regulatory Demands as Top Fraud-Fighting Challenge
Nearly 15% of FIs Cite Complex Regulatory Demands as Top Fraud-Fighting Challenge
October 20, 2023  |  Fraud Prevention

The rise of digital banking and faster digital payment methods has accelerated fraud and financial crime, prompting banks and financial institutions (FIs) to enhance their...

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NymCard Teams With ACI Worldwide to Fight Financial Fraud
NymCard Teams With ACI Worldwide to Fight Financial Fraud
October 19, 2023  |  Fraud Prevention

Middle East/North Africa-focused card issuer NymCard has teamed with ACI Worldwide to combat fraud. The partnership, announced late Wednesday (Oct. 18) sees NymCard enhancing its fraud platform with ACI Fraud Management...

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Lloyd’s of London: Payments System Cyberattack Could Cost $3 Trillion
Lloyd’s of London: Payments System Cyberattack Could Cost $3 Trillion
October 18, 2023  |  Cybersecurity

A report found that a major payment system cyberattack could cost $3 trillion. The report, “Illuminating cyber crime,” was published Wednesday (Oct. 18) by insurance...

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