Cybersecurity

Risk Management
Report Warns Of Aviation Cybersecurity Risks
October 09, 2020

A government report found that airplanes have a number of digital technologies that might become susceptible to hackers and says American regulators have not put sufficient methods in place to contend with the risk, Bloomberg reported. Get the Full Story Complete the form to unlock...

Cybersecurity
Robinhood Reports Potential Hacking Incident
October 09, 2020

Online brokerage Robinhood, which offers a suite of tools aimed at making investing easy and comparatively cheap for the uninitiated, said on Friday (Oct. 9) that hackers may have gained information about customers’ personal email accounts, Reuters reported. Get the Full Story Complete the form...

Cybersecurity
Feds Charge Texas Man With CARES Act Fraud
October 09, 2020

Federal prosecutors on Thursday (Oct. 8) charged a Dallas-area man with allegedly playing a role in a scheme that sought to fraudulently obtain $24.8 million in federal Paycheck Protection Plan (PPP) funds, which are backed by the Small Business Administration (SBA) under the Coronavirus Aid,...

Cybersecurity
New US ‘Cryptocurrency Enforcement Network’ Takes Aim At Bitcoin Scammers
October 09, 2020

Bitcoin and other cryptocurrencies are continuing to attract attention from authorities for all the wrong reasons. For instance, a new U.S. Justice Department report is taking aim at the “emerging threats and enforcement challenges” associated with digital currencies, establishing a “Cryptocurrency Enforcement Framework” to address...

Cybersecurity
Hackers Hit Mobile Money Payments Processor In Uganda
October 08, 2020

Ugandan police are investigating the hacking of a third-party processor of phone-based transactions, Bloomberg reported, that affected MTN Group and Standard Bank Group‘s local units. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cybersecurity
Feedzai Reports 44 Pct Increase In First Half Of 2020
October 08, 2020

Risk management platform Feedzai announced a 44 percent increase in growth for the first half of the fiscal year for 2020, which a press release says was one of the company’s most successful so far. Get the Full Story Complete the form to unlock this...

Cybersecurity
The Problem With How Most Banks Use IP Address Checks To Fight Fraud
October 08, 2020

The growing cost of online fraud – and finding ways to detect it – has long been a costly concern of financial institutions (FIs). But GeoGuard CEO David Briggs told Karen Webster in a recent conversation that FIs could eliminate most fraudulent transactions with the...

Cybersecurity
Germany Regulator Resets In Wake Of Wirecard Debacle
October 07, 2020

Germany’s financial watchdog BaFin would be equipped with a stronger bite under a plan just rolled out by Germany’s coalition government. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cybersecurity
Mobile Banking’s Authentication Game-Changer
October 07, 2020

The way we bank is changing in the age of COVID-19. 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...