Cybersecurity

Cybersecurity
Merchants Beef Up KYB as FinCEN Plays Hardball on Beneficial Ownership Rules
January 06, 2025

The challenge for banks and supply chains of doing business online comes at the point of onboarding — the moment a relationship with an enterprise, particularly a small business, is struck. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cybersecurity
CrowdStrike Claws Back $30 Billion Lost to Mass Tech Outage
January 05, 2025

CrowdStrike’s CEO says the company has turned last year’s crisis into an opportunity. 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 Today....

Cybersecurity
US Sanctions Chinese Government Contractor Employing Flax Typhoon Hackers
January 03, 2025

The United States imposed sanctions on Beijing-based cybersecurity company Integrity Technology Group, which is a People’s Republic of China (PRC) government contractor, saying the company was involved in malicious botnet operations targeting U.S. victims. Get the Full Story Complete the form to unlock this article...

Fraud Prevention
90% of Cyberattacks Originate With Phishing Emails
January 02, 2025

Phishing scams targeting corporate executives are reportedly increasing thanks to AI. 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 Today. By completing...

Cybersecurity
55% of Companies Have Implemented AI-Powered Cybersecurity
January 02, 2025

The share of chief operating officers (COOs) who report that their companies have implemented artificial intelligence (AI)-powered automated cybersecurity management systems has increased threefold since earlier this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cybersecurity
Treasury Department Workstations Breached by Hackers via Third-Party Vendor
December 30, 2024

Treasury Department workstations were breached by China-backed hackers who then stole unclassified documents, according to multiple media reports posted Monday (Dec. 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cybersecurity
Report: Bank Employees Help Scammers Dig Into Customer Data
December 30, 2024

Low-level bank employees are selling customer information to scammers, exposing a weakness in financial institutions’ risk protections. 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...

Cybersecurity
What 2024’s Worst Cyberattacks Say About Security in 2025
December 27, 2024

Cybersecurity took center stage in 2024 as some of the most sophisticated and damaging attacks in history underscored the vulnerabilities of an increasingly digital operating landscape. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cybersecurity
Digital IDs and Financial Services Collaboration Strengthen Proactive Fraud Prevention
December 26, 2024

As payments become faster, fraudsters hide behind anonymity or concoct identities that seem legitimate, and then scam banks, merchants and individuals out of their money. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...