Data Security/page/6 news and trends

Discover: Tokenization Removes Friction for Card-Not-Present Transactions
Payments Innovation // July 10, 2024

Maybe there’s one bit of stolen digital information fraudsters can’t make use of: tokens. Calling them “the magic behind payments,” Valeri Vanourek, vice president of digital products at Discover® Global Network, told PYMNTS in an interview that tokenization is emerging as a double-duty asset for...

Security Firm iVerify Raises $12 Million Amid Data Breach Epidemic
Cybersecurity // June 26, 2024

Security firm iVerify has raised $12 million for its endpoint detection and response (EDR) solution. The funding round, announced Wednesday (June 26), was led by Shine Capital and comes amid a wave of recent data breaches. “The mobile security industry has not kept up with...

Apple’s AI Push Puts Privacy, Security in the Spotlight
artificial intelligence // June 12, 2024

As Apple enters the race to bring advanced artificial intelligence (AI) capabilities to consumer devices and services, the tech giant is betting that a strong emphasis on privacy and security will set its offerings apart in an increasingly competitive market. At its annual Worldwide Developers...

Ticketmaster Customer Info at Risk After Reported Hack
Cybersecurity // June 02, 2024

Already fighting an antitrust suit, Live Nation is now also dealing with a data breach.  The country’s biggest ticket seller announced Friday (May 31) that its Ticketmaster system could have been compromised by a hacker who is trying to sell customer information on the dark...

Interviews & Exclusives
Discover: Tokenization Removes Friction for Card-Not-Present Transactions

July 10, 2024
Maybe there’s one bit of stolen digital information fraudsters can’t make use of: tokens. Calling them “the magic behind payments,” Valeri Vanourek, vice president of digital products at Discover® Global Network, told PYMNTS in an interview that tokenization is emerging as a double-duty asset for digital payments. It enhances payment security for merchants, issuers and […]

Intellicheck CEO Envisions a Bank Consortium to Fight ID Fraud

April 09, 2024
When you read about collaboration in the financial services industry the topic usually centers around banks and FinTechs. But maybe there’s more to that story. Because sometimes competitors can collaborate...

EU Consumers Say They’d Rather Card Networks Than Banks Deliver Their Everyday App

January 15, 2024
Globally, the increasing reliance on apps and connected devices has led to growing consumer demand for an everyday app that seamlessly integrates banking, shopping and personal activities. This demand is...

Attack Vectors 2024: Identity Theft and Digital Banking 

January 12, 2024
In the payments and financial landscape, staying still often means falling behind.  And falling behind in today’s rapidly digitizing environment can be dangerous.  That’s because traditional security systems are proving...

Quick Reads
Security Firm iVerify Raises $12 Million Amid Data Breach Epidemic

June 26, 2024
Security firm iVerify has raised $12 million for its endpoint detection and response (EDR) solution. The funding round, announced Wednesday (June 26), was led by Shine Capital and comes amid a wave of recent data breaches. “The mobile security industry has not kept up with the rise of the global and remote workforce or emerging […]

Ticketmaster Customer Info at Risk After Reported Hack

June 02, 2024
Already fighting an antitrust suit, Live Nation is now also dealing with a data breach.  The country’s biggest ticket seller announced Friday (May 31) that its Ticketmaster system could have...

SEC: Data Breaches at Financial Institutions Must Be Reported in 30 Days

May 19, 2024
New federal regulations give some financial institutions (FIs) a tighter deadline for reporting security breaches. The Securities and Exchange Commission (SEC) adopted changes last week that require institutions to notify...

Entrust Acquires Onfido Amid Jump in ID Fraud

April 09, 2024
Data security firm Entrust has finalized its purchase of identity verification company Onfido. “With this completed acquisition, Entrust now provides the industry’s most comprehensive portfolio of AI-powered, identity-centric security solutions,” the company said...