Cybersecurity

Cybersecurity
PSCU Partners With Q6 Cyber to Combat Banking Cybercrime
April 05, 2022

PSCU, the payments credit union service organization (CUSO), has said it’s partnering with Q6 Cyber, which provides cybercrime intelligence for financial institutions, a press release said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Fraud Prevention
PYMNTS Intelligence: The Growing Interest in Cryptocurrency and Its Accompanying Risks
April 05, 2022

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Cybersecurity
As Application Fraudsters Set Sights on B2Bs, A Growing Threat Looms
April 05, 2022

The Paycheck Protection Program (PPP) loans are gone. The various tranches of government aid have been exhausted, and trillions of dollars in economic aid are in the rear-view mirror. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cybersecurity
FTC: Americans Lost $5.8B to Fraud in 2021
April 04, 2022

Fraud has become a common concern for consumers, with the Federal Trade Commission (FTC) reporting recently that Americans lost more than $5.8 billion to fraud in 2021, with 2.8 million consumers filing reports. Get the Full Story Complete the form to unlock this article and...

Cybersecurity
Betting Big, Hacker Risks $3M to Con DeFi Lending Protocol out of $15.6M
April 04, 2022

A hacker who gambled $3 million that a decentralized finance (DeFi) protocol was exploitable hit the jackpot over the weekend, coming away with a tidy $12.6 million profit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cybersecurity
Digital Fraud Tracker: Crypto Scams Increased in UK Last Year
April 04, 2022

The U.K.’s Financial Conduct Authority (FCA) was busy in 2021 when it came to keeping the cryptocurrency space safe, not only fighting off money laundering efforts in the sector but also tracking an increase in scams that targeted consumers who use digital currency. Get the...

Fraud Prevention
Wirex on the Challenges and Potential of Cryptocurrency
April 04, 2022

While cryptocurrencies have the potential for faster cross-border transactions at a lower cost, common misconceptions hold back broader consumer adoption. In the Digital Fraud Tracker, Wirex’s Tony Lees explains how crypto-linked debit cards, stringent onboarding processes and vigilant monitoring systems can help simplify use and...

Fraud Prevention
Wirex Says Consumers’ Crypto Concerns Must Be Addressed To Increase Adoption
April 01, 2022

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Cybersecurity
Apple, Meta Provided Hackers With Customer Data Under Fraudulent Requests
March 30, 2022

Meta and Apple reportedly provided customer data to hackers masquerading as law enforcement, Bloomberg reported Wednesday (March 30). 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...