Visa expanded the capabilities of its artificial intelligence-powered cyber risk management tool, Visa Vulnerability Agentic Harness (VVAH), to include not only discovery of vulnerabilities but also remediation and validation, the company said in a Thursday (Aug. 27) press release. Visa initially released VVAH in June...
Nasdaq Verafin and Q6 Cyber have partnered to help financial institutions identify and respond to emerging fraud and scan threats, Nasdaq Verafin said in a Thursday (Aug. 27) press release emailed to PYMNTS. The partnership will add Q6 Cyber’s dark web fraud intelligence to Nasdaq...
The U.S. payments industry does not lack fraud data. It lacks agreement about what that data means. The Accredited Standards Committee X9’s new Payment Fraud Forum, which holds its first meeting Sept. 10, is targeting exactly that problem. The initiative brings together participants including Federal...
The U.S. Cybersecurity and Infrastructure Security Agency (CISA) has released a guide to network monitoring that it said was developed for federal agencies but can also provide help to other government organizations as well as critical infrastructure entities. CISA’s new Logging Reference Architecture guide is...
The U.S. Treasury Department announced Monday (Aug. 24) the launch of a public-private initiative aimed at helping financial institutions and systems migrate from today’s widely used cryptographic tools to a new generation of security systems that can withstand quantum-computing attacks. The Quantum-Readiness Task Force will...
Artificial intelligence (AI)-focused cybersecurity company Alice has raised $140 million in new funding. The Israel-based company will use the financing to advance its platform, designed to test, defend and monitor AI models, Alice announced Tuesday (Aug. 25). “There are infinite ways to break an AI,...
Flagright, which provides a transaction monitoring engine, has become a Nacha Preferred Partner for ACH Compliance, Fraud Monitoring, and Risk and Fraud Prevention, Nacha said in a Monday (Aug. 24) press release. Nacha Preferred Partners are organizations that have demonstrated leadership and innovation in products...
Apollo Global Management disclosed Friday (Aug. 21) that it suffered a social engineering attack that led to a data breach. Apollo determined in an investigation that there was unauthorized access to some of its cloud platforms between July 6 and July 10 and that the...
Cybersecurity firm TrendAI uncovered a business email compromise (BEC) scheme in which an attacker tricked a victim into clicking on a link and was then able to reroute payments that were sent by the victim’s company and intended for its vendors, it said in a...