Cybersecurity

Cybersecurity
Reuters Uncovers Fake Websites Used To Process Gambling Payments
June 23, 2017

Online stores purporting to sell assorted household goods are being used as a front to collect internet gambling payments, reported Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Fraud Prevention
Fraugster Launches eCommerce Fraud Prevention Tool
June 22, 2017

Fraud protection will likely be an ongoing task for merchants. This week, German-Israeli payment security company Fraugster debuted its answer to the fraud conundrum. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Fraud Prevention
Honda Stops Production In Japan After Computer Virus Hits Plant
June 22, 2017

Honda Motor Co. had to stop production at a domestic vehicle plant in Japan for a day after finding the WannaCry ransomware in its computer network. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cybersecurity
Intel Becomes A Strategic Partner In Team8
June 22, 2017

Intel, the semiconductor company, has become a strategic partner in Team8, an Israeli creator of cybersecurity startups. 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...

Fraud Prevention
Fighting Fraud By Not Focusing On It
June 22, 2017

Machine learning can help find real cyber transaction fraud while letting the “good” payments go through. TSYS’ EVP Karim Ahmad and Featurespace CEO Martina King discussed their partnership geared toward battling the bad guys to reduce online fraud.

Cybersecurity
South Korean Company Surrenders $1 Million To Ransomware
June 21, 2017

A South Korea-based web hosting firm has fallen victim to ransomware. That’s not unusual in today’s cybersecurity climate, but what is unusual is how much the company is paying to regain control of its systems: $1 million. Get the Full Story Complete the form to...

Cybersecurity
New Survey By Kaspersky Lab Shows Cyber Attacks Are Alive And Kicking
June 21, 2017

Kaspersky Lab, the security software company, announced Tuesday (June 20) a new State of Industrial Cybersecurity 2017 security survey, which found that over half (54 percent) of ICS companies interviewed have experienced at least one cyber attack in the last 12 months — with one in...

Cybersecurity
SoftBank Drops $100M Into Cybereason Software
June 21, 2017

SoftBank is helping out Boston-based digital security firm Cybereason with a big $100 million investment. 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,...

Cybersecurity
Cyber Security Risk Ratings Debut For US Banks And Enterprises
June 21, 2017

Roughly two dozen companies in the United States have established a set of ground rules and guiding principles that center on cyber security ratings. Among that roster of companies are several large U.S. banks. Get the Full Story Complete the form to unlock this article...