Security

Computer security, also known as cybersecurity or IT security, refers to the security of computing devices such as computers and smartphones, as well as computer networks such as private and public networks, and the Internet.

Source: en.wikipedia.org

‘Pig Butchering’ Scams Pose Growing Risk to Businesses
‘Pig Butchering’ Scams Pose Growing Risk to Businesses
March 04, 2024  |  Security & Fraud

Behavioral fraud and social engineering scams are getting more dangerous for businesses. Despite the increasingly sophisticated weapons fraudsters have on hand to execute their scams, social...

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FIs Reckon With Rising Fraud Rates in Run-Up to Real-Time Payments
FIs Reckon With Rising Fraud Rates in Run-Up to Real-Time Payments
March 01, 2024  |  Security & Fraud

Financial institutions are beset on all sides. The PYMNTS Intelligence report “New Data: FIs Cooling on Open Banking but Still on Course for Real-Time Payments”...

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Firms Embrace AI for Faster, Smarter Cybersecurity Solutions
Firms Embrace AI for Faster, Smarter Cybersecurity Solutions
March 01, 2024  |  Cybersecurity

Google CEO Sundar Pichai recently noted that artificial intelligence (AI) could boost online security, a sentiment echoed by many industry experts. AI is transforming how...

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Online Authentication Needs Fewer Passwords, Less Friction
Online Authentication Needs Fewer Passwords, Less Friction
March 01, 2024  |  Authentication

Siddharth Vijayakrishnan, senior vice president of product and financial intelligence at FIS Platform and Enterprise Products, said that online authentication is a work in process — but we...

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FATF Updates List of Countries Needing ‘Increased Monitoring’
FATF Updates List of Countries Needing ‘Increased Monitoring’
February 29, 2024  |  AML

The Financial Action Task Force (FATF) has added new countries to its “increased monitoring” list. FATF, which sets global standards for anti-money laundering and countering the financing...

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Change Healthcare Hack Leaves Smaller Providers Low on Cash
Change Healthcare Hack Leaves Smaller Providers Low on Cash
February 29, 2024  |  Security & Fraud

U.S. health providers are facing financial catastrophe following a week-long cyberattack on Change Healthcare. The ransomware attack has even left some smaller providers running short on cash, Reuters...

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White House Tells DOJ to Beef up Data Protections
White House Tells DOJ to Beef up Data Protections
February 28, 2024  |  Cybersecurity

The White House wants the Department of Justice to do more to protect America’s sensitive data. In an executive order issued Wednesday (Feb. 28), President...

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US Money Laundering Fight May Soon Turn Corner
US Money Laundering Fight May Soon Turn Corner
February 28, 2024  |  Security & Fraud

Is the tide turning in America’s war on money laundering? Writing in the Financial Times Tuesday (Feb. 27), Casey Michel of the Human Rights Foundation...

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Entersekt CPO Says Fighting Fraud Should Be Treated Like ‘Team Sport’
Entersekt CPO Says Fighting Fraud Should Be Treated Like ‘Team Sport’
February 28, 2024  |  Fraud Prevention

The launch of the FedNow® Service last year has transformed the instant payments landscape, unlocking real-time settlement capabilities 24/7/365. But according to Pradheep Sampath, chief...

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