DoorDash said that a social engineering scam led to a data breach that exposed the personal information of consumers, gig workers and merchants using its platform. The personal information that was accessed by an unauthorized third party varied by individual and may have included first...
JPMorganChase will host more than 20 free educational workshops across the United States this week to mark International Fraud Awareness Week. The workshops are designed to help the public recognize and protect themselves from fraud and scams, JPMorganChase said in a Monday (Nov. 17) press...
Singapore’s status as a financial hub has also made it a popular destination for scammers. That’s according to a report Sunday (Nov. 16) by the Financial Times (FT), which said authorities in the city-state are engaged in an ongoing “game of whack-a-mole” with fraudsters, seeking...
Scams are everywhere, and the rising tide of fraudulent schemes is now hitting consumers across all age and income brackets. According to joint research from PYMNTS Intelligence and Block, younger, affluent and college-educated consumers now face the highest scam exposure, overturning long-held assumptions about fraud...
Enterprise cybersecurity is no longer just about firewalls and encryption. It’s about foresight and resilience. And increasingly, insurance, data-mapping and compliance. The cybersecurity and threat landscape is nearly unrecognizable from the one just a few years ago. Businesses have artificial intelligence to thank for that, as well...
Cyber insurance insurers in the United Kingdom paid 197 million pounds (about $259 million) in claims from businesses last year. The figure is up 230% from 2023, the Association of British Insurers (ABI) said in a Monday (Nov. 10) press release, citing data collected from...
“Financial Scams and Consumer Trust,” a PYMNTS Intelligence report commissioned by Block, examines how the rise of digital scams is undermining the confidence powering everyday banking, commerce and payments. Drawing on a survey of 15,110 United States consumers conducted from Sept. 9, 2025, to Sept....
The recent hack of Salesforce should prompt Gmail users to shift from passwords to passkeys, according to a report by Inc. posted by sister publication Fast Company. No Gmail credentials were stolen in the hack, but business-related data like contact lists, company associations and email...
Artificial intelligence has become the spark and the shield of a new security revolution in banking. The reality of financial crime is that the same neural networks that can generate a perfect fake voice or clone a customer’s face can also be trained to detect...