Cybersecurity

Fraud Prevention
With CNP Fraud, Vigilance Is Only Part Of The Battle
July 25, 2017

With EMV changing the way payments are made in person, so, too, is the nature of fraud changing. Card not present (CNP) fraud is becoming a favorite avenue pursued by criminals, meaning merchants must do more than just block and tackle — they must also be...

Cybersecurity
NEW REPORT: Shutting Down PSD2’s New Security Threat
July 25, 2017

Protecting digital identities is all about keeping up — keeping up with new technology, new regulations and, of course, bad actors.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cybersecurity
  Botnet Hackers: About To Be Exposed?
July 24, 2017

Sunlight is the best disinfectant, as the saying goes — but will light shine on the ways, whys and wherefores in botnet hacking? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cybersecurity
AlphaBay and Hansa Market — Two Dark Web Markets — Have Been Shut Down
July 21, 2017

Working cooperatively, American and European authorities reported yesterday (July 20) that they have shut down two of the largest online black markets — AlphaBay and Hansa Market. Their respective operators have also been arrested. Get the Full Story Complete the form to unlock this article...

Fraud Prevention
Digital Shadows Study Discovers Online Schools For Cybercriminals
July 20, 2017

Digital Shadows, the industry leader in digital risk management, revealed its findings on the changing habits and tactics of organized credit card fraud gangs, discovering a new trend in the form of remote learning “schools.” Get the Full Story Complete the form to unlock this...

Fraud Prevention
Jumio Announces Addition Of Eyeball Tracking
July 19, 2017

Jumio, the creator of Netverify Trusted Identity as a Service (TIaaS), has announced the addition of eyeball tracking to Netverify’s biometrics capabilities. Eyeball tracking requires users to follow an icon on a mobile device’s screen with their eyes as it moves in a random pattern...

Cybersecurity
FTC: Fraudsters Posed As Attorneys In Debt Collection Scheme
July 18, 2017

The Federal Trade Commission (FTC) is putting the kibosh on a debt collection operation’s illegal activity. The operation had been extorting money from consumers, who did not actually owe anything, by pretending to be lawyers and threatening victims with lawsuits or arrest if they didn’t...

Cybersecurity
Awake Security, Cybersecurity Startup, Launches With $31M
July 18, 2017

Awake Security announced news on Monday (July 17) that it has closed more than $30 million in funding from venture capital (VC) firms Greylock Partners and Bain Capital Ventures and the general availability of its advanced security analytics solution. Get the Full Story Complete the...

Cybersecurity
CoinDash: Hackers Made Off With $7M During ICO
July 18, 2017

The clinking sound you heard was someone making off with the cryptocurrency.  CoinDash, the startup focused on blockchain, reported Bloomberg News, has been the victim of a hack and a heist. Get the Full Story Complete the form to unlock this article and enjoy unlimited...