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

Israeli Cybersecurity Unicorn Snyk Raises $196.5M
Israeli Cybersecurity Unicorn Snyk Raises $196.5M
December 14, 2022  |  Investments

Israeli cybersecurity unicorn Snyk has raised $196.5 million in a Series G funding round. The Boston-based company, which was founded in 2015 by Israeli entrepreneurs...

READ MORE >
CFOs’ Fight Fraud With Automation and Education
CFOs’ Fight Fraud With Automation and Education
December 13, 2022  |  Security & Fraud

Gone are the days when chief financial officers (CFOs) were considered old-fashioned and tech illiterate. According to Ofer Brown, general manager of Israel and APAC...

READ MORE >
Australia Eyes Ban on Paying Ransoms to Hackers
Australia Eyes Ban on Paying Ransoms to Hackers
November 13, 2022  |  Security & Fraud

Australia could consider barring businesses from making ransomware payments to criminals, the country’s cyber security minister said Sunday (Nov. 13). “The idea that we’re going...

READ MORE >
EU Approves Tougher Cybersecurity Rules for Financial Firms
EU Approves Tougher Cybersecurity Rules for Financial Firms
November 10, 2022  |  Security & Fraud

Lawmakers in Europe have voted to finalize legislation that places tougher cybersecurity rules on financial firms. The European Commission voted 612-18 to adopt the Digital...

READ MORE >
PYMNTS Intelligence: Winning the Fraud Prevention Arms Race
PYMNTS Intelligence: Winning the Fraud Prevention Arms Race
November 07, 2022  |  Digital Identity

Fraud has multiple knock-on effects beyond the initial monetary loss, both for businesses and their customers. A recent study identified the potential for fraud incidents...

READ MORE >
Finding the Utility in Authentication Friction
Finding the Utility in Authentication Friction
November 04, 2022  |  Digital Identity

An interview with Lenny Gusel, former head of cybersecurity solutions at J.P. Morgan and fraud strategy executive at Bank of America, about the implications and...

READ MORE >
One-Third of Cybercrime Losses Stem From Compromised Business Email
One-Third of Cybercrime Losses Stem From Compromised Business Email
November 03, 2022  |  B2B Payments

When criminals impersonate company executives or business partners to deceive employees into diverting funds their way, that’s business email compromise (BEC). It is also the...

READ MORE >
Can Reputational Costs From B2B Payments Fraud Eclipse Financial Losses?
Can Reputational Costs From B2B Payments Fraud Eclipse Financial Losses?
November 03, 2022  |  B2B Payments

An interview with Pablo Molina, former chief information officer and vice president of IT at Georgetown University and current chief information security officer at Drexel...

READ MORE >
Putting One-Time Passwords Out to Pasture
Putting One-Time Passwords Out to Pasture
November 01, 2022  |  Security & Fraud

The one-time password — OTP for short — was an ingenious cybersecurity stopgap that worked for a while. But fraud never sleeps, and they’ve cracked...

READ MORE >