Cybersecurity

Cybersecurity
The Clearing House CISO Says Multilayered Defense Key to Operational Resilience
August 19, 2024

In today’s hyper-connected operating environment, the question is not if a business will face a cyberthreat, but when. 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...

Cybersecurity
Social Security Number Hack May Produce New Fraud Vector
August 18, 2024

Earlier this year, hackers stole the data of 2.9 billion people from a broker. 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...

Cybersecurity
Security Firm AppOmni Warns of Data Exposure Loophole in SuiteCommerce
August 16, 2024

Software-as-a-service (SaaS) security company AppOmni cautioned administrators at companies using NetSuite’s SuiteCommerce platform about a common customer misconfiguration that can cause data exposure. 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...

Cybersecurity
IRS Targets ‘Ghost Preparers’ and Other Emerging Scams Aimed at Taxpayers
August 16, 2024

After a tax filing season that saw a growing number of scams, the IRS and several partners from the private and public sectors said they’re going to work together to combat fraud. Get the Full Story Complete the form to unlock this article and enjoy...

Cybersecurity
NIST’s Post-Quantum Cybersecurity Standards Ready for Enterprise Use
August 15, 2024

As information has become electronic, the encryption of that information has become imperative. 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
Chainalysis: Value of Crypto Hacks, Ransomware Payments Rise in 2024
August 15, 2024

The value of funds taken in hacking activities and ransomware attacks rose during the first seven months of the year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Cybersecurity
Why Business Email Compromise Scams Target Valuable B2B Relationships
August 14, 2024

Email remains a cornerstone of communication, especially within business-to-business (B2B) relationships. This reliance on email, however, has also made it a prime target for savvy cybercriminals. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cybersecurity
Collaborative Defense: The Role of ‘Intelligent Friction’ and AI in Fraud Prevention
August 13, 2024

Every now and then, an executive in the payments business comes up with a catchphrase that captures a complex concept, and you know it’s going to resonate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Fraud Prevention
77% of Consumers Expect Banks to Use AI to Fight Fraud
August 12, 2024

Real-time payments, known for their speed and immediacy, have faced adoption hurdles primarily due to perceptions about security. As financial institutions (FIs) and payments providers grapple with balancing rapid transaction processing with stringent security measures, artificial intelligence (AI) emerges as a crucial tool in overcoming...