Security flaws discovered with the help of artificial intelligence have triggered an urgent, OpenAI-led effort to protect websites worldwide, PYMNTS reported. The scramble exposes how quickly AI can uncover weaknesses in the software that supports online banking, payments and commerce. The vulnerabilities affect PHP, a...
Cloudflare reported millions of attempts to exploit newly disclosed vulnerabilities in PHP, or Hypertext Preprocessor, as companies and governments raced to secure websites and online services built on the widely used programming language. Cloudflare Chief Executive Matthew Prince described the rapid escalation in a post...
Identity security firm 1Password has seen its annual recurring revenue increase 90% year-over-year to over $500 million, driven by customers’ need to secure the artificial intelligence agents and workflows they build, the company said in a Thursday (Oct. 22) press release. As these customers adopt...
Artificial intelligence is changing both sides of payments fraud. Fraudsters can use it to make impersonation attempts more convincing, while finance teams can use it to score transactions, verify documents and identify anomalies. PYMNTS Intelligence’s “Prevention First: Building a Smarter Defense Against Payments Fraud,” produced...
Many websites around the world were taken down as a precaution or for preventative maintenance Wednesday (Oct. 21) as organizations responded to the disclosure of a widespread web vulnerability, according to multiple media reports. As PYMNTS reported Wednesday, OpenAI characterized the critical vulnerabilities in PHP,...
A traveler who has booked a real hotel can receive a fraudulent request containing the correct arrival date and reservation number. Criminals can use those details to demand payment information, warning that the room will otherwise be canceled. The European Commission’s Booking.com investigation, announced Wednesday...
OpenAI led an effort over the past two months to fix “one of the most impactful security issues in recent memory,” the company said in a Wednesday (Oct. 21) blog post. The targets of this effort were critical vulnerabilities in PHP, an open-source programming language...
A hacking group known as CyberCartel reportedly used artificial intelligence (AI) agents from several high profile tech companies to automate cyberattacks on Latin American businesses. That’s according to a report Wednesday (Oct. 21) from The Information, citing research by the cybersecurity startup Straiker shared exclusively...
European regulators are investigating whether Booking.com has done enough to prevent scams on its platform. The European Commission (EC) announced Wednesday (Oct. 21) that it had opened a formal inquiry into whether the travel platform had violated the Digital Services Act (DSA) by not having...