Cyberfraud news and trends

91% of Mid-Sized Firms Plan to Expand AP Automation to Combat Fraud
Fraud Prevention // January 15, 2025

As cybercriminals target more businesses, accounts payable (AP) departments are more vulnerable to fraud. With more than 80% of U.S. companies affected by sophisticated digital payment fraud, the need for reliable security systems is crucial. While digital transformation has brought many benefits, outdated payment systems...

Personalized Attacks, Scalable Solutions: The Payments Industry’s New Security Imperative
Security & Fraud // December 18, 2024

The payments industry faces the dual challenge of enhancing user experience while combating sophisticated fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

QR Codes Now Take 20% of All Online Scams
Cybersecurity // November 17, 2024

As digital scams continue to evolve, QR codes have emerged as a new gateway for cybercrime, often leading unsuspecting victims into dangerous traps. Known as “quishing,” these scams involve fraudsters tricking individuals into scanning fake QR codes, which then redirect them to fraudulent websites or...

Criminals’ Adoption of AI Remains Cautious, Report Finds
artificial intelligence // May 28, 2024

Despite public concerns about the potential for cyberattacks powered by artificial intelligence (AI), criminals have been slow to fully embrace the technology, according to a new report from cybersecurity firm Trend Micro.  Get the Full Story Complete the form to unlock this article and enjoy...

Interviews & Exclusives
91% of Mid-Sized Firms Plan to Expand AP Automation to Combat Fraud

January 15, 2025
As cybercriminals target more businesses, accounts payable (AP) departments are more vulnerable to fraud. With more than 80% of U.S. companies affected by sophisticated digital payment fraud, the need for reliable security systems is crucial. While digital transformation has brought many benefits, outdated payment systems can leave organizations exposed to emerging threats. Get the Full […]

Transaction Monitoring Balances Customer Centricity With Fraud Defense

February 28, 2024
In the world of cybersecurity, there’s no prize for being fashionably late with updates. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Visa: Battle With Payments Fraudsters May Be Won With AI

October 27, 2023
Paul Fabara, chief risk officer at Visa, told PYMNTS in a recent interview that the shift to online channels during the pandemic — and afterward — meant analog businesses became...

Cyberdefenses Must Keep Improving to Stay Ahead of Fraudsters

September 26, 2023
As attractive as innovative new technologies appear, it’s important to remember they are just tools.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Quick Reads
Google Warns of Social Engineering Scheme Targeting Salesforce Users

June 04, 2025
Google Threat Intelligence Group warned Wednesday (June 4) that an organization specializing in voice phishing (vishing) is targeting Salesforce users. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this […]

Visa Adds Generative AI-Powered Tool to Combat Enumeration Attacks

May 07, 2024
Visa has launched a generative artificial intelligence (AI) solution designed to help issuers combat enumeration attacks. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Coro Raises $100 Million to Grow Small Business-Focused Cybersecurity Platform

March 28, 2024
Coro has secured $100 million in Series D funding to grow its cybersecurity platform designed for small and medium-sized businesses (SMBs). Get the Full Story Complete the form to unlock this...

Unit21 Raises $45 Million to Grow Fintech Fraud DAO Consortium

June 29, 2023
Unit21 has raised $45 million in a Series C round to grow the Fintech Fraud DAO consortium. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...