Cybersecurity

Cybersecurity
UK Crime Agency, Banks Cooperate to Identify Organized Crime
July 26, 2024

The United Kingdom’s National Crime Agency (NCA) and seven U.K. banks are working together to identify and take action against organized crime. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cybersecurity
CrowdStrike Sends $10 Gift Cards to Teammates, Partners After Outage
July 24, 2024

Cybersecurity company CrowdStrike sent $10 gift cards to IT workers on Tuesday (July 23) in an email acknowledging the additional work it caused for them with last week’s IT outage cause by its software update. Get the Full Story Complete the form to unlock this...

Cybersecurity
Security Summit Alerts Tax Professionals to Growing Threat of Identity Theft
July 24, 2024

The Security Summit has issued a stern warning to tax professionals, urging them to heighten their awareness of indicators of identity theft as part of the ongoing “Protect Your Clients; Protect Yourself,” initiative. The IRS and its coalition of partners emphasized the shifting strategies of...

Cybersecurity
Mastercard Doubles Fraud Detection Rate With Generative AI
July 24, 2024

Mastercard has unveiled a new approach to identify compromised payment cards, leveraging a combination of generative artificial intelligence and graph technology. The company reports that this method has doubled its detection rate for compromised cards before they can be used fraudulently. Get the Full Story...

Cybersecurity
Veeam Announces Splunk Extension for Monitoring Backup Infrastructure Health, Security
July 23, 2024

Veeam Software has announced the availability of a Splunk extension that allows Veeam Data Platform customers to monitor the health and security status of their Veeam backup infrastructure. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Fraud Prevention
Featurespace and OrboGraph Team to Combat Check Fraud
July 23, 2024

Financial crime prevention firm Featurespace has launched a partnership with fraud detection software maker OrboGraph. 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,...

Fraud Prevention
Galileo Launches 3D Secure Product to Guard Against Credit Card Fraud
July 23, 2024

Galileo Financial Technologies now offers 3D Secure to help clients protect against card-not-present (CNP) debit and credit card fraud. 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
House Homeland Security Committee Seeks Testimony From CrowdStrike CEO
July 22, 2024

Two members of the House Homeland Security Committee have asked CrowdStrike CEO George Kurtz to appear before the committee and give public testimony about the faulty software update that affected organizations around the world on Friday (July 19). Get the Full Story Complete the form...

Cybersecurity
CrowdStrike Outage Rolls On; Attention Turns to Software Update Quality Control
July 22, 2024

The CrowdStrike-Windows outage story continued to play out in airports, online and in stores Monday (July 22) with the focus now turning to the security of what used to be routine software updates. Get the Full Story Complete the form to unlock this article and...