Cybersecurity

Cybersecurity
New Study: Consumers Will Now Drop A Merchant Over A Single Data Breach
May 07, 2021

Consumers can drift along in a happy sort of haze, extending trust to brands that appeal, and enjoying a loose but very real connection — until a company lets data get stolen. New PYMNTS research indicates that merchants are more on the hook for data...

Fraud Prevention
eCommerce Fraud Prevention Firm Riskified Mulls IPO
May 06, 2021

Riskified, a startup focused on preventing eCommerce fraud, is considering an initial public offering (IPO) that could come this year, Bloomberg reported Thursday (May 6), citing sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cybersecurity
Hacker Accesses Spanish Delivery Startup Glovo
May 04, 2021

Glovo, a Spanish startup, was the victim of a hack, although it didn’t specify what information was accessed, Reuters reported Tuesday (May 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cybersecurity
Collaboration Critical To Enabling Trust In Digital Payments
May 04, 2021

For every small merchant that found a way to rewrite itself digitally over the last year or so, it seems there is a cybercriminal waiting in the wings. To date, global cybercrime is doing some $5.2 trillion a year in financial damage, more if one...

Cybersecurity
REPORT: 65 Pct Of Consumers Would Abandon Merchant After eCommerce Data Breach
May 04, 2021

The pandemic has been an undeniable boon for eTailers. More consumers than ever are going online to buy all manner of products, from household goods to health and wellness products to clothing and beyond. Get the Full Story Complete the form to unlock this article...

Cybersecurity
Keeping Pace With The Evolution Of Business Email Compromise
May 03, 2021

Business email compromise (BEC) is an ever-evolving beast that threatens organizations of all types and sizes around the globe. But companies are not entirely defenseless against the scam, as Jeff Taylor, senior vice president of Commercial Fraud Forensics at Regions Bank, told PYMNTS in the...

Cybersecurity
The Evolving Face Of The Fight Against Fraud
May 03, 2021

Fighting fraudsters is a problematic realm in the digital era because fraud stubbornly refuses to be a static target. 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...

Fraud Prevention
Deep Dive: How Firms Can Reduce The Risk Of Authorized Payment Attacks
April 30, 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
COVID Leaves Lasting Impact On Digital KYC And AML Efforts
April 30, 2021

In the digital-first economy, criminals have been acquiring and honing various areas of expertise, scamming customers, the payments firms operating the infrastructure, and of course, merchants. Money laundering, money mules and other attack vectors are seizing on novice consumers pivoting to the internet to get...