Cybersecurity

Fraud Prevention
NEW REPORT: FIs Elevate Their API, Web App Strategies With Performance-Enhancing Security
May 14, 2021

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Cybersecurity
Smart Underwriting Tech Helps PayFacs Balance Speed, Risk When Onboarding Merchants, Adding New Verticals
May 14, 2021

Underwriting, aided by technology — and at least some level of automation — can get faster and more intuitive, helping payment service providers (PSPs) approve merchants with speed and security. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cybersecurity
Colonial Pipeline Pays Nearly $5 Million In Ransom After Cyberattack
May 13, 2021

The Colonial Pipeline, under siege by hackers, has paid nearly $5 million in a ransom deal, CNBC 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...

Fraud Prevention
How Slice Counters Dark Web-Based Credential Stuffing Attacks On Its Mobile Ordering App
May 13, 2021

Account takeovers and credential stuffing attacks are surging, with fraudsters buying stolen credentials from the dark web to target first-time digital consumers. In this month’s Digital Fraud Tracker, Slice's Jason Ordway discusses its two-pronged approach for keeping orders secure for its 15,000 pizzerias across the...

Fraud Prevention
Slice Keeps Fraudsters From Getting A Piece Of The Data Pie
May 12, 2021

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Cybersecurity
Data Security’s Secret Sauce? ‘Zero Data’
May 12, 2021

To protect what you’ve got — lock it away, build a wall, maybe a moat. Maybe hide the valuables. And pray. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cybersecurity
Glovo Suffers Data Hack Of Users’ Private Information
May 11, 2021

A group of hackers accessed private data for Glovo, a Spanish delivery app, Bloomberg 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,...

Cybersecurity
US Questions Whether Businesses Should Pay Cyberattack Ransom
May 10, 2021

In the wake of a situation last weekend in which a group of hackers shut down a U.S. oil pipeline, the White House is thinking about whether there’s merit to making ransom payments to cyberattackers, the Financial Times (FT) reported. Get the Full Story Complete...

Cybersecurity
FBI Identifies Suspects In Colonial Pipeline Hack
May 10, 2021

The FBI said it has identified the hackers who shut down the East Coast’s main gas and diesel pipeline last week as a group from Eastern Europe. DarkSide, a relatively new group of hackers, created the malicious computer code that led to the shutdown of...