Cybersecurity

Cybersecurity
Quantifying Quantum Computing’s Value In Financial Services
August 28, 2020

The next great leap for computing may be a bit closer with the help of joint efforts between the U.S. government, the private sector — and hundreds of millions of dollars. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Fraud Prevention
Report: How ING Group Is Using AI To Fight Financial Crime
August 28, 2020

Banks, credit unions and other financial institutions (FIs) were forced to stop more than $25 billion in fraud attempts in 2018 alone, but such efforts can often feel ineffective as fraud continues to grow regardless of FIs’ prevention measures. Sixty-one percent of FIs report that...

Cybersecurity
Fortnite, Minecraft Accounts Big Business On Black Market
August 27, 2020

Tens of thousands of stolen Fortnite accounts are being sold on the black market in a $1 billion a year trade, according to Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cybersecurity
Cybersecurity Agencies Warn Banks Of North Korean Hackers
August 26, 2020

Four federal agencies say that a hacking team from the North Korean government has attempted to steal nearly $2 billion from ATMs in more than three dozen countries, from Argentina to Zambia. Get the Full Story Complete the form to unlock this article and enjoy...

Cybersecurity
Survey: WeChat Ban Will Hurt U.S. Businesses
August 26, 2020

President Donald Trump’s executive order to ban WeChat will have the unintended consequences of hurting U.S. businesses in China, according to a new survey. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Fraud Prevention
eCommerce Regulations Confront Tide Of COVID Fakery
August 21, 2020

The migration to digital everything — aka the Digital Shift or Digital 3.0 if you prefer — is fulfilling the promise of eCommerce for the good players, as well as the bad actors. Payments regulations are meant to shield consumers from the worst of it,...

Cybersecurity
Millions Of TikTok, Instagram, YouTube Profiles Left Exposed
August 20, 2020

A database of some 235 million YouTube, Instagram and TikTok profiles that was held by a now-shuttered company called Deep Social was left exposed without password protection or other authentication procedures, The Next Web reported on Thursday (Aug. 20). Get the Full Story Complete the...

Cybersecurity
NICE Actimize Launches AI Tool To Fight Financial Crime
August 19, 2020

NICE Actimize on Wednesday (Aug. 19) released a platform called Xceed that the company says will use “best-in-class AI, data intelligence, behavioral analytics and insights within a unified cloud platform” to help risk managers at financial institutions (FIs) fend off criminals. Get the Full Story...

Cybersecurity
Cyberattack Closes Web Access To Canadian Government Agencies 
August 17, 2020

A cyberattack directed at two dozen Canadian government platforms forced the shutdown of most of its online portals over the weekend. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...