Cybersecurity

Cybersecurity
White House Tells DOJ to Beef up Data Protections
February 28, 2024

The White House wants the Department of Justice to do more to protect America’s sensitive data. 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...

Cybersecurity
US Money Laundering Fight May Soon Turn Corner
February 28, 2024

Is the tide turning in America’s war on money laundering? 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...

Fraud Prevention
Entersekt CPO Says Fighting Fraud Should Be Treated Like ‘Team Sport’
February 28, 2024

The launch of the FedNow® Service last year has transformed the instant payments landscape, unlocking real-time settlement capabilities 24/7/365. 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...

Fraud Prevention
8 in 10 Merchants Screen Potential Fraud With Same-Payment-Method Retries
February 27, 2024

In an effort to counter false declines and prevent unnecessary losses, PYMNTS Intelligence research finds, the vast majority of merchants are encouraging consumers to reattempt the transaction using the same payment method. Get the Full Story Complete the form to unlock this article and enjoy...

Cybersecurity
As Data Breaches Proliferate, New NIST Playbook Offers Recovery Tactics
February 27, 2024

Data breaches can have far-reaching impacts on operations, finances and reputations.  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...

Cybersecurity
Nearly Half of Financial Institutions Believe Open Banking Risks Outweigh Rewards
February 27, 2024

Nearly half of financial institution executives are concerned that open banking may not be a positive value proposition — especially in an environment of increasing fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cybersecurity
Report: Ransomware Gang Blackcat Behind Cyberattack on Change Healthcare
February 26, 2024

The ransomware gang Blackcat, also known as ALPHV, is reportedly the source of a cyberattack targeting UnitedHealth Group’s technology unit, Change Healthcare. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cybersecurity
LoanDepot Says 16.9 Million Customers Impacted by January Data Breach
February 26, 2024

LoanDepot said Friday (Feb. 23) that a data breach that impacted the company in January affected 16.9 million customers. 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...

Fraud Prevention
New Data: FIs Cooling on Open Banking but Still on Course for Real-Time Payments
February 26, 2024

Open banking is transforming the banking industry. It grants third-party FinTechs access to the financial data and funds traditional financial institutions (FIs) manage. Doing so can pave the way to offering real-time payments. Consumers value the faster payment solutions, but FIs are reluctant to provide...