Cybersecurity

Cybersecurity
Spike in Remote Workers Raises Odds of Hacks and Scams for Businesses
November 03, 2021

It’s a sad but simple truth: The move to remote work has increased the opportunity for fraud. Employees are more likely to make significant, serious requests over emails that are often sent from personal devices and are therefore much easier to be mimicked in a...

Fraud Prevention
Good Customers Gone Bad — Retailers Lose $89B Annually to Return Policy and Promotions Abuse
November 03, 2021

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Fraud Prevention
Dumpling on Fighting Fraud With Personalized Service
November 02, 2021

Grocery delivery platforms face the challenge of quick delivery without compromising security. In this month’s Digital Identity Tracker, Joel Shapiro, co-founder of Dumpling, discusses the role of Digital IDs in helping his company balance both.

Cybersecurity
FCA: Surge in Number of Banks Filing Financial Crime Reports
November 01, 2021

Banks and other financial firms in the U.K. are filing more Suspicious Activity Reports (SARs) than ever before, the Financial Conduct Authority (FCA) indicated in a press release emailed to PYMNTS on Monday (Nov. 1). Get the Full Story Complete the form to unlock this...

Cybersecurity
If Financial Institutions Want To Play Fast, They Must Also Evolve
October 29, 2021

After all the investments that financial institutions (FIs) have put into protecting themselves and their customers against fraud, scammers are now targeting individuals, which they see as the weakest link. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cybersecurity
Data Security Prompts Worldpay to Switch to POS Devices From PAX Terminals
October 27, 2021

The FIS online payments processing unit, Worldpay from FIS, is replacing terminals from PAX Global Technology because of security concerns, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cybersecurity
Lawmakers Could Bar Private Company Ransomware Payments
October 26, 2021

Lawmakers could introduce legislation banning private companies from making ransomware payments, MarketWatch reported. 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
Merchants Face off Against Evolving Fraud Tactics
October 26, 2021

In “The Way Payments Are Now Done,” 33 payment executives discuss what payments’ “new normal” looks like. Andre Machicao, SVP, global head of product and solutions at Cybersource, explores how the COVID-spurred digital acceleration has caused a spike in fraud, and how merchants are rethinking...

Cybersecurity
Jumio Intros No-Code Orchestration Layer for KYX Platform
October 25, 2021

Artificial intelligence (AI) identity verification startup Jumio has launched an intuitive, no-code orchestration layer for its KYX Platform that pulls together a full suite of risk and fraud detection tools, the company said in a press release emailed to PYMNTS. Get the Full Story Complete...