Cybersecurity

Cybersecurity
TruShield Insurance and Visa Team on Cybersecurity for Small Businesses
February 13, 2024

Small business insurance provider TruShield Insurance is collaborating with Visa to give eligible businesses protection against cybersecurity threats.   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...

Fraud Prevention
Consumer Fraud Loss Tops $10 Billion, Aided by Digital Tools, FTC Says
February 09, 2024

Consumers lost a record $10 billion to fraud in 2023, with digital tools making it easier for scammers to find targets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cybersecurity
Increasing Ransomware Incidents Highlight Critical Role of Advanced Tech in Fighting Fraud
February 08, 2024

Ransomware payments surpassed $1 billion in 2023, marking a record peak following a decrease in 2022, according to the latest chapter of Chainalysis’ 2024 Crypto Crime Report.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cybersecurity
FTC Sending $610,000 in Refunds to Tech Support Scam Victims
February 08, 2024

The Federal Trade Commission (FTC) has begun sending refunds to consumers who lost money in a tech support scam facilitated by payment processor Nexway. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Fraud Prevention
Half of FIs Rely Entirely on External Data Encryption Tools to Detect Fraud
February 08, 2024

Over 40% of financial institutions (FIs) have reported higher-than-average volumes of fraud and financial crime, according to insights detailed in “FIs Depend on AI/ML Partners to Fight Next-Gen Fraudsters,” a PYMNTS Intelligence and Hawk AI collaboration.  Get the Full Story Complete the form to unlock...

Fraud Prevention
Behind Company Walls: Protecting Against the Evolving Insider Fraud Threat
February 07, 2024

One of the biggest fraud threats facing enterprises is also one of the oldest. 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...

Cybersecurity
APP Fraud in Focus as Digital Tools Redefine Prevention Tactics
February 06, 2024

The widespread adoption of person-to-person (P2P) payment apps and services has fueled a surge in credit-push payment volume, a trend that has been further accelerated by the recent introduction of real-time payments in the United States. Get the Full Story Complete the form to unlock this...

Cybersecurity
Criminals Target Big Ticket Transactions in Commercial Banking Fraud Surge
February 05, 2024

What’s better than $10,000? Try $25 million. 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 form, you agree...

Cybersecurity
Cybera and Chainalysis Partner to Help Organizations Prevent Financial Cybercrime
February 05, 2024

Cybera, a provider of advanced reporting and prevention tools, has launched a strategic integration with Chainalysis, a blockchain data platform, to equip government agencies and compliance teams with enhanced insights to combat scams and prevent financial cybercrime.  Get the Full Story Complete the form to unlock...