Cybersecurity

Cybersecurity
UK’s Revolut Facing Wave of Complaints Over APP Fraud Claims
December 02, 2024

Revolut is reportedly facing a lawsuit tied into a wave of anti-fraud complaints. 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...

Cybersecurity
As Supply Chains Go Digital, Cybersecurity Must be Strongest Link
November 27, 2024

Cyber breaches, not coal in their stocking, is what businesses are worried about this holiday season. 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...

Cybersecurity
T-Mobile Spots and Ejects Possible ‘Salt Typhoon’ Hackers on Its Network
November 27, 2024

Unusual activity on T-Mobile network devices reportedly alerted the company to a breach. 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...

Risk Management
Chief Risk Officers Suit Up for Digital Duty
November 27, 2024

As financial services become more interconnected and technology-driven, the role and impact of the chief risk officer (CRO) is evolving dramatically. 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
FinCEN Aims to Expand Public-Private Partnerships Combating Fraud
November 25, 2024

The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) said it aims to expand public-private partnerships by joining The National Task Force on Fraud and Scam Prevention. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cybersecurity
Ransomware Attack Targets Supply Chain Management Software Provider Blue Yonder
November 25, 2024

Supply chain management software provider Blue Yonder has reportedly been hit by a ransomware attack that affected customers like Starbucks and U.K. grocery chain Morrisons. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cybersecurity
The True Cost of Fraud Goes Well Beyond Dollars Lost
November 25, 2024

The impact of fraud on a business can be swift and severe. 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...

Fraud Prevention
Social Engineering Scams Prove Costly to Consumers and Bank Bottom Lines
November 22, 2024

With financial institutions (FIs) fortifying their defenses and evolving their strategies against digital payment fraud, criminals are turning to a new weak spot: the customers themselves. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Fraud Prevention
Report: Financial Scams Drive 122% Increase in Fraud Losses by US Banks
November 22, 2024

Transactions have moved more digital, changing the fraud landscape. Financial institutions (FIs) have made real progress in holding off fraudsters attempting to exploit the digital shift. Our multiyear analysis finds that fraud related to more routine digital payments has decreased markedly over the last three...