Cybersecurity

Cybersecurity
Embattled Bank Of England Governor Pushes Bill To Force Deletion Of Fraudulent Websites
March 22, 2021

Andrew Bailey, Governor of the Bank of England, wants the British government to introduce new laws forcing giant tech companies to crack down on fraudulent websites, Reuters reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cybersecurity
New FBI Report Details Shifts In Cybercrime And Strategies To Fight It
March 19, 2021

Everyone has heard of the CIA, and even the U.K.’s MI6. But what about IC3? Or the RAT team? No, they’re not organizations that will be featured in an upcoming Marvel movie, they’re the very real divisions of the FBI, known as the Internet Crime...

Cybersecurity
Fraudsters Find New Entry Points To Attack Digital-First Economy
March 18, 2021

It has been an unusually active year for fraudsters. According to the Federal Trade Commission (FTC), 2020 saw payments fraud increase by 47 percent as the sudden shift of consumers to almost entirely digital lifestyles presented a host of new targets. Get the Full Story...

Cybersecurity
New Digital ID Tech Authenticates People And Payments Without Passwords
March 15, 2021

Maybe it’s a favorite band, plus a few random numbers. Or a first-grade teacher in front of a few symbols. Whatever the method, the average consumer has between 70 and 80 password combinations to remember. If a consumer had to remember all those passwords, it...

Cybersecurity
FBI Warns Of Deepfake Content From Russia, China
March 12, 2021

The FBI recently issued guidance that synthetic content, including deepfakes, could be used by hackers from Russia, China and other countries in order to advance their influence and agendas. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cybersecurity
No Mooching: Netflix Tests Block On Password Sharing
March 12, 2021

A new Netflix prompt, just in test mode for now, is attempting to crack down on shared passwords, saying that if you “don’t live with the owner of this account, you need your own account to keep watching,” according to a report from The Streamable....

Fraud Prevention
Deep Dive: Why eCommerce Merchants Struggle To Find A Fraud Detection Balance
March 11, 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
Machine Learning Switches On To Illuminate The Dark Web
March 11, 2021

The dark web. 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...

Fraud Prevention
Rare Carat On Why Overreliance On AI And ML Is Insufficient Against eCommerce Fraud
March 10, 2021

Credit card fraud accounts for more than $27 billion in annual losses, posing an especially grave threat to merchants selling high-value items like diamond rings. In this month’s Digital Fraud Tracker, PYMNTS talks with Apeksha Kothari, chief operating officer of diamond ring eTailer Rare Carat,...