Watch more: What’s Next in Payments With Trulioo’s Vicky Bindra Speed is becoming the name of the game across financial services, FinTech and digital commerce. However, behind faster onboarding, faster payments and faster approvals hides a lurking threat. As fraud networks grow more sophisticated and...
Google has reportedly disrupted a hacking group that breached dozens of organizations in 42 countries. The China-linked group, known as UNC2814 and “Gallium,” has a nearly decade-long history of breaking into the systems of government organizations and telecoms, the tech giant said in findings shared exclusively with Reuters on...
Watch more: What’s Next in Payments With Entersekt’s Dewald Nolte The payments industry is locked into a race toward speed. Faster rails, real-time settlement, one-click checkout, invisible authentication and more innovations are all pointed toward one assumption: that friction is the enemy, and technology’s job...
Customer data allegedly stolen from car shopping site CarGurus was posted by a hacking group, according to multiple media reports. Bleeping Computer reported Tuesday (Feb. 24) that an extortion group called ShinyHunters claimed Saturday (Feb. 21) that it had 12.4 million records from CarGurus. The...
A data breach at Conduent Business Services, an operator of back-end systems for state governments, has affected more than 25 million people across the country, according to data breach information posted this month by the Wisconsin Department of Agriculture, Trade and Consumer Protection (DATCP). Conduent’s...
PayPal notified about 100 customers of PayPal Working Capital (PPWC) that their personally identifiable information (PII) was exposed to unauthorized individuals over a five-month period due to an error in its PPWC loan application. The company identified the error on Dec. 12 and learned that the PII was exposed...
A consumer receives a text message that appears to come from her bank. The tone is urgent. The link opens a convincing login page. Credentials are entered. Moments later, a transfer request appears inside what seems to be a trusted session. Across town, a mid-sized...
Fraud is no longer a marginal cost of doing business. Instead, it is a fast-moving, adaptive threat that cuts across eCommerce, digital payments, account access and identity, growing in frequency and sophistication as commerce increasingly shifts into digital and mobile channels. What once appeared as...
Mastercard has formed a cybersecurity partnership with connectivity cloud company Cloudflare. The collaboration, announced Tuesday (Feb. 17), is designed to help small businesses, governments and critical infrastructure against cyberthreats without sacrificing innovation, by combining attack surface monitoring capabilities from Mastercard’s Recorded Future and RiskRecon with...