Cybersecurity

Cybersecurity
Report: Solid Financial Accused of Faking Revenue Numbers to Entice Investors
September 18, 2023

FinTech-as-a-Service firm Solid Financial is being accused of falsifying its revenue numbers to woo investors.  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
Report: Casino Hacks Likely Caused by Malware-Driven Theft of Employee Credentials
September 15, 2023

The recent cyberattacks on Caesars Entertainment and on MGM Resorts reportedly may have been launched with stolen login credentials. 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
Banks and Payment Firms Tap AI to Combat Fraud Amid Surge in Sophisticated Financial Crime
September 14, 2023

The rise of digital banking and faster digital payment methods has brought about increasingly sophisticated fraud and financial crime.  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
Finastra Debuts Compliance-as-a-Service to Combat Fraud
September 14, 2023

Financial software firm Finastra has debuted a “Compliance-as-a-Service” solution for banks. 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,...

Cybersecurity
‘Scattered Spider’ Named as Likely Suspect in MGM Resorts Hack
September 14, 2023

Authorities have reportedly identified the source of the hack that crippled Las Vegas’ biggest casino group. 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...

Fraud Prevention
Fraudulent UK COVID Loans Jump in Value
September 14, 2023

The British government has seen a spike in the value of fraudulent COVID emergency loans. 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
How AI Helps Banks Win the Escalating Fraud Arms Race
September 14, 2023

If the pace of innovation today were an athlete, it would be Usain Bolt. 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
Fraud Losses From Impersonator Scams Double For Largest US Banks
September 14, 2023

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 to receive marketing communications from PYMNTS and...

Cybersecurity
Report: Caesars Entertainment Paid $15 Million Ransom After Cyberattack
September 13, 2023

Caesars Entertainment, the operator of Caesars Palace in Las Vegas, reportedly fell victim to a cyberattack during the summer and paid a ransom of approximately $15 million to the hackers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...