Cybersecurity

Cybersecurity
Elon Musk Impersonators Steal $2 Million Amid Surge In Crypto Investment Scams
May 17, 2021

Cryptocurrency investment scams are on the rise, with people reporting they have lost over $80 million due to fraud including fake Elon Musk claims and celebrity impersonators, the Federal Trade Commission (FTC) reported on Monday (May 17). Get the Full Story Complete the form to...

Cybersecurity
Irish Health Service Shut Down By Ransomware Attack
May 14, 2021

The Irish Health Service shuttered its computer systems Friday following what it called a “significant” ransomware attack. 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...

Cybersecurity
Stripe Buys Bouncer To Aid In Fraud Prevention
May 14, 2021

Stripe, the tech company working on economic infrastructure for the internet, will acquire Bouncer, a press release says. 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
Hardening Merchants’ Digital Defenses Against Incursions From The Dark Web
May 14, 2021

A great description of the criminal craze in credential stuffing is found in PYMNTS’ May 2021 edition of the Digital Fraud Tracker®, done in collaboration with and supported by PayPal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Fraud Prevention
Deep Dive: How Dark Web Marketplaces Fuel Fraud And How Merchants Can Fight Back
May 14, 2021

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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...