Cybersecurity

Cybersecurity
Cyberattack Victimizes New Zealand Banks, Post Office
September 08, 2021

New Zealand was briefly the center of the cybersecurity world on Wednesday (Sept. 8), when several financial institutions (FIs) and the national post office were shut down by what government leaders said was a cyberattack. Get the Full Story Complete the form to unlock this...

Fraud Prevention
ModCloth’s Data-Driven Approach to Tackling Fraud, Reducing False Positives
September 08, 2021

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
Baanx FinTech Invests in Iowa’s Maxwell State Bank
September 06, 2021

B2B2C platform Baanx is now the third-largest shareholder in Maxwell State Bank, which is regulated by the U.S., after a multimillion-dollar deal to bolster cybersecurity as well as banking access in the country, a press release says. Get the Full Story Complete the form to...

Cybersecurity
Kaspersky Detects 1.5B IoT Cyberattacks This Year
September 03, 2021

Global cybersecurity firm Kaspersky detected 1.5 billion attacks against Internet of Things (IoT) devices in the first half of this year, using “honeypots,” software that impersonates a vulnerable device, the company’s research department said in an email to PYMNTS on Friday (Sept. 3). Get the...

Cybersecurity
Solving the Payments Data Security and Compliance Problem By Getting Rid of the Data
September 03, 2021

To improve compliance, ensure data privacy and cut costs, there are two ways to do it, Mahmoud Abdelkader, CEO and co-founder of Very Good Security, told Karen Webster. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cybersecurity
Retailers Fight Theft Rings That Steal and Resell Goods Online
September 02, 2021

When finding deals online at a lower cost than in-store, it could mean eCommerce sellers are peddling stolen goods, according to a Thursday (Sept. 2) report in The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cybersecurity
BitConnect Exec Admits to Role in Alleged $2B Crypto Fraud
September 01, 2021

The director and promoter of online crypto lending platform BitConnect has pleaded guilty for his part in allegedly defrauding retail investors of more than $2 billion, according to a press release from the Department of Justice (DOJ). Get the Full Story Complete the form to...

Cybersecurity
84 Pct of SMB Customers Would Accept a Bit of Checkout Friction for Better Security
September 01, 2021

Trust and reputations take a lifetime to build, they say – but can be destroyed in mere seconds. 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...

Cybersecurity
Wayfair, Riskified Lengthen Fraud Prevention Partnership
September 01, 2021

The eCommerce fraud management platform Riskified is extending its three-year-old partnership with the home furnishings company Wayfair. 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...