Cybersecurity

Fraud Prevention
How AI And Machine Learning Can Address Banks’ Fraud-Fighting Weaknesses
July 09, 2021

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Cybersecurity
How Intelligent Friction Trips Up The Fraudsters
July 09, 2021

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Fraud Prevention
Deep Dive: Why Innovative AML, Watchlist Screening Solutions Are Key To Blocking Digital-First Crime
July 08, 2021

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Fraud Prevention
FBI: Why AI And MFA Provide The Most Effective Fraud Defense
July 08, 2021

Fraudsters’ use of social engineering and phishing continues to triumph many of the modern-day fraud-fighting techniques. In this month’s Digital Fraud Tracker, PYMNTS talked with Enrique Alvarez, special agent for the FBI’s cyber branch, about how combining multifactor authentication and AI can help save merchants...

Cybersecurity
Kaseya Was Warned About Cybersecurity Flaw In April
July 07, 2021

Kaseya, a Miami software supplier which helps technology service providers manage computer networks, knew in April about “a cybersecurity vulnerability” used in a massive ransomware attack last week, The Wall Street Journal (WSJ) reported, citing a Dutch security researcher group that discovered the issue. Get the...

Fraud Prevention
The FBI On Revamping Fraud Prevention Strategies To Protect Against Digital-First Financial Crime
July 07, 2021

Financial institutions (FIs) often shut down accounts at the first sign of fraud, but this blanket approach can alienate legitimate users and let stealthier cybercriminals slip through the cracks. In the latest Preventing Financial Crimes Playbook, PYMNTS spoke with an FBI spokesperson to examine why...

Fraud Prevention
FBI: Businesses Need AI to Curb Social Engineering, Phishing Fraud
July 07, 2021

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Cybersecurity
How To Stop Online Fraud: Crush The Fraudsters’ ROI
July 07, 2021

There isn’t much good to be said about the motives and mindset of cybercriminals, given that they tend to be focused on fraudulently depriving others of their hard-earned funds. But, as Fastly’s Sr. Principal Technologist Zane Lackey told Karen Webster, there is one good thing...

Cybersecurity
Weekend Cyberattack May Not Be Over, Report Says
July 06, 2021

President Joe Biden has said the U.S. appears to have avoided much damage to businesses in the recent ransomware attack, which was the biggest on record, the Associated Press (AP) wrote Tuesday (July 6). Get the Full Story Complete the form to unlock this article...