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Reported ransomware incidents and payments dropped in 2024 after law enforcement’s disruption of two high-profile ransomware groups, the Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) said Thursday (Dec. 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Visa blocked 280% more suspected fraud attempts on Black Friday in the United Kingdom this year compared to last year and 140% more across Europe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The “2025 State of Fraud and Financial Crime in the United States” report, a PYMNTS Intelligence report commissioned by Block, reveals that the financial industry is navigating an increasingly sophisticated and dynamic threat landscape. The primary trend observed is a significant surge in unauthorized-party fraud,...
A California resident reportedly sued artificial intelligence startup OpenAI and data analytics provider Mixpanel on Monday (Dec. 1) after the companies disclosed a data breach in November. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
One of the world’s largest cyber insurance firms is reportedly reducing its U.S. cyber business in order to maintain underwriting discipline and rate adequacy in the face of unsustainable rates in the cyber market. Get the Full Story Complete the form to unlock this article...
A data breach at Coupang has exposed personal information of nearly 34 million customers. 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...
The European Parliament and the European Council advanced rules that they said would provide consumers with greater protection from online fraud and hidden fees. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Marketplace scams are emerging as one of the fastest growing threats facing holiday shoppers, taking advantage of consumers who are searching for deals and making rapid decisions during the busiest shopping stretch of the year. Get the Full Story Complete the form to unlock this...