Cybersecurity

Cybersecurity
Live Streamers From Turkey Reportedly Laundered $10M Over Twitch
November 08, 2021

Live streamers based in Turkey are allegedly behind a $10 million money-laundering ring that used the live streaming platform Twitch, which is owned by Amazon, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cybersecurity
Ongoing Hacking Campaign Hits Global Healthcare, Energy, Defense Networks
November 08, 2021

At least nine critical networks were hacked — including one from the U.S. — in an ongoing campaign that has compromised healthcare, defense, energy, technology, and education organizations worldwide, according to reports on Monday (Nov. 8). Get the Full Story Complete the form to unlock...

Fraud Prevention
Petal on Reducing Fraud and Mitigating Onboarding Friction Through Behavioral Analytics
November 08, 2021

Fighting fraud starts with securely onboarding new customers, but overly-stringent measures often yield false positives and lower conversion rates, and they create other bad outcomes. In this month’s Monetizing Digital Intent Tracker, Manik Chawla, chief risk officer of credit card provider Petal, explains how behavioral...

Fraud Prevention
Report: Merchants Fight Data Breaches, Payments Fraud with Employee Education, Cybersecurity Insurance
November 08, 2021

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Cybersecurity
Keeping Transactions Secure Is Key to Making Business Payments Invisible
November 08, 2021

Today’s most powerful technologies are those where the processes behind that innovation are hidden or invisible from users’ consciousness. When done right, this high-functioning tech is not only seamless but creates time for users that allows them to shift their focus elsewhere. Get the Full...

Cybersecurity
Legitimate Online Gambling Sites Bet on Digital ID and Data to Win Against Cybercrime
November 08, 2021

Online gambling has had big payoffs for legitimate operators thanks to pandemic boredom, growing from a $64 billion market in 2020 to roughly $72 billion in 2021. Hidden within those figures — or just not recorded — are the estimated billions in wagers and winnings...

Cybersecurity
Report: Cybersecurity Firms’ Shares Soar Despite Net Losses for Many
November 07, 2021

Despite the booming market for cybersecurity, many companies in the industry aren’t making a lot of money, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cybersecurity
US Cyber Director Says Cyberattacks Traced to Russia Are Down
November 03, 2021

Speaking at a hearing for the House Committee on Financial Services on Wednesday (Nov. 3) about how to address cyber attacks such as ransomware, U.S. House Rep. Ed Perlmutter of Colorado said there had been a 1,318% increase in ransomware attacks on the banking industry...

Fraud Prevention
Deep Dive: How Innovative Digital ID Verification Can Keep Food Delivery Services Safe From Cybercriminals
November 03, 2021

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