Cybersecurity

Cybersecurity
FTC Settlements Ban 3 Defendants From Sweepstakes, Prize Promotions
June 24, 2024

The Federal Trade Commission (FTC) has reached settlements with three defendants, banning them from sweepstakes and prize promotions. 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
CDK Starts Restoring Systems After Car Dealer Hack
June 23, 2024

Last week, a cyberattack on dealership software-as-a-service platform CDK Global crippled America’s auto sellers. 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
Cyberattack on Software Provider Stalls Out US Car Dealership Sector
June 21, 2024

Software, and digital transformation more broadly, have transformed the business landscape. Nearly every modern business relies on software to run their operations, and digital technology has become a pervasive, invisible thread enabling and optimizing workflows. Get the Full Story Complete the form to unlock this...

Cybersecurity
Report: Consumer Data From Snowflake Hack Being Sold to Cybercriminals
June 20, 2024

Consumer data from LendingTree subsidiary QuoteWizard was reportedly stolen by hackers, who are selling it to the highest bidder on cybercriminal forums. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cybersecurity
Cybersecurity Concerns Test Paris Olympics Preparations
June 19, 2024

The opening ceremonies of the Paris Olympics are set for just over a month from now, and the event is starting to look a lot like the banking and payments industries: Expect a lot of data, a big dose of AI and the ever-present concern...

Cybersecurity
Hackers Increasing Pressure on Snowflake Customers to Make Ransom Payments
June 17, 2024

Hackers who targeted Snowflake customers are reportedly demanding ransom payments ranging from $300,000 to $5 million from as many as 10 breached companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cybersecurity
Elder Scams Spike as More Boomers Move Online
June 14, 2024

As more baby boomers and seniors go online to get their banking done — making payments, investing and paying bills or taxes — the fraudsters are finding elder abuse of a financial nature to be quite lucrative. Get the Full Story Complete the form to...

Fraud Prevention
Oscilar Launches AI-Powered ACH Fraud Detection for FinTechs, Financial Institutions
June 13, 2024

Oscilar has added an artificial intelligence (AI)-powered ACH Fraud Detection product to its lineup of risk technology solutions for FinTechs and financial institutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cybersecurity
Fresh Wave of Major Cyberattacks Exposes Key Enterprise Security Weaknesses
June 11, 2024

On a weekly basis, businesses operating within security-critical industries are reminded that security is critical. 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,...