Cybersecurity

Fraud Prevention
Report: ICBC Subsidiary Disconnects From Electronic Settlement Platform Amid Cyberattack
November 10, 2023

The U.S. subsidiary of Industrial and Commercial Bank of China (ICBC) reportedly disconnected itself from an electronic settlement platform for U.S. Treasury securities operated by BNY Mellon after ICBC suffered a ransomware attack, Reuters reported Friday (Nov. 10). In the meantime, BNY Mellon is manually...

Cybersecurity
Hackers: OpenAI’s Ties to Israel Led to ChatGPT Attack
November 09, 2023

A hacking group with reported ties to Russia has claimed credit for attacking ChatGPT. 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....

Fraud Prevention
Automated Payments Are Crucial First Step in Broader Enterprise Digitization
November 08, 2023

Fraudulent activities can manifest in various forms, including identity theft, payment fraud and cyberattacks. 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
Financial Platform Charlie Debuts Fraud Protection Tools for Older Americans
November 08, 2023

Senior-focused financial platform Charlie has introduced a suite of fraud protection tools for older Americans. 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....

Cybersecurity
Nearly 40% of Consumers Want Payments and Credentials Vault
November 08, 2023

In today’s modern commerce landscape, convenience-driven shoppers increasingly desire a frictionless checkout experience and are embracing the ability to use stored credentials for seamless payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Fraud Prevention
Smaller FinTech Issuers Lose Nearly 60% More Revenue to Fraud Than Larger Ones
November 07, 2023

Fraud schemes are evolving alongside technology, becoming more sophisticated and mutating to exploit vulnerabilities within financial institutions. 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...

Cybersecurity
’Tis the Season for Fraudsters and Gift Card Scams
November 06, 2023

The holidays are upon us, and gift cards remain a favorite to give and receive. 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,...

Cybersecurity
Report: Ace Hardware Unable to Accept Online Orders Amid Cyberattack
November 03, 2023

Ace Hardware is reportedly recovering from a cyberattack that has left it unable to accept online orders. 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...

Fraud Prevention
CellPoint and Riskified Team to Combat Travel Sector Fraud
November 02, 2023

CellPoint Digital has teamed with Riskified to help battle fraud in the travel sector. 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...