Cyberattacks targeting retailers have more than doubled in the last year, leading merchants to invest in AI and machine learning to protect customer data. While they can be powerful weapons, Shamoun Siddiqui, Neiman Marcus’ VP and chief information security officer, says merchants need to do...
For retailers, the holiday season is both a busy and profitable time, but it’s also when cybercriminals seize the opportunity and target those increased retail revenues. In the latest Omni Security And Authentication Report™, PYMNTS explored the different tactics cybercriminals are deploying this holiday season,...
As fraudsters continue to chip away at profits and threaten firms’ financial stability, security providers and banks alike are investing in solutions compliant with 3D Secure 2.0 protocols, designed protect both consumers and the companies serving them.
Nick Shevelyov, chief security officer at Silicon Valley Bank, says FIs can no longer expect, or hope, to stop every incoming cyberattack — and using AI and ML to identify threats isn’t the 100-percent fix. In the latest Omni Security and Authentication Report, Shevelyov tells...
December 21, 2017
Consumer-bank monogamy is a thing of the past. With the proliferation of third-party mobile apps, eWallets and proprietary “Pays,” this is hardly news. While very few customers are managing their finances exclusively on a mobile device, more and more of them are taking a mobile-first approach and using whatever tools enable them to do so, […]
August 24, 2017
Like Web 2.0, Mobile 2.0, and Vegetables 2.0 (And, yes, that’s a thing. Have you ever had fried brussels sprouts?), 3D-Secure 2.0 is also taking something in need of an...
September 06, 2016
Payments security has long been considered an add-on — something that is necessary but often a defensive move in payments. That’s now how James Jenkins of CA Technologies sees it....
July 12, 2016
“A tsunami of change is happening in the payments industry right now,” explained Hannah Preston, a Solution Strategist for the Payment Security Division at CA Technologies. Change that makes the need...
September 12, 2018
Seamless movement across connected and mobile devices, from checking a bank account balance on a smartwatch to shopping via a social platform, creates simplified and convenient experiences that customers crave. But conducting business on connected devices is also creating new security gaps for fraudsters and other bad actors to exploit, wreaking havoc on customers and […]
July 12, 2018
Broadcom has agreed to buy software company CA Technologies for $18.9 billion. According to The Wall Street Journal, Broadcom will pay $44.50 a share in cash for CA, formerly known as...
April 18, 2018
Technology companies are making the pledge to protect customers from cyberattacks, as well as making sure they don’t help governments advance their cyber warfare efforts. The Cybersecurity Tech Accord is...
December 26, 2016
PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. We posed...
