Cybersecurity

Cybersecurity
UnitedHealth Still ‘Trying to Dig Through’ Cause of Cyberattack
May 01, 2024

UnitedHealth’s CEO said the company is still investigating a security failure behind a massive cyberattack. 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
Mastercard: ‘Movies’ Not ‘Snapshots’ of Consumer Behavior Help Banks Counter Scams
May 01, 2024

Scams, regrettably, are a feature — not a bug — of modern, digital payments and commerce.  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
Advanced Tech and Data-Sharing Key Allies in Combating Sophisticated Fraud Scams
April 30, 2024

From safeguarding online purchases to strengthening eCommerce ecosystems, strong customer authentication (SCA) helps confirm remote electronic transactions, reshaping the digital commerce landscape. 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...

Fraud Prevention
UnitedHealth Group CEO Said Hackers Struck Via Citrix Portal
April 29, 2024

UnitedHealth Group CEO Andrew Witty will testify Wednesday (May 1) that hackers broke into its Change Healthcare unit’s systems through the Citrix portal. 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...

Fraud Prevention
With $429 Billion At Stake, Anti-Fraud Measures Prove Pro-Customer
April 29, 2024

How much did payment fraud cost retailers last year? The answer, according to one analysis, is a cool $429 billion.    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
Microsoft ‘Doubles Down’ on Cybersecurity to Safeguard Connected Economy
April 29, 2024

The cyberattack on UnitedHealth Group, resulting in a $872 million loss to the health insurer, is just one example of the evolving cyberthreat landscape in today’s connected economy. Beyond mere operational disruptions, such incidents reveal the profound financial ramifications of cybersecurity breaches. Get the Full Story Complete the form to...

Cybersecurity
UnitedHealth CEO Andrew Witty to Testify Before Congress on Cyberattack
April 29, 2024

UnitedHealth Group CEO Andrew Witty will testify before two Congressional committees Wednesday (May 1), addressing the cyberattack that hit the company’s Change Healthcare unit. 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
Banks Need ‘Change Management Checklist’ in Battle Against Fraud
April 26, 2024

Artificial intelligence (AI) holds the promise to transform all manner of industries — helping banks, in particular, improve their anti-money laundering (AML) efforts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Fraud Prevention
ComplyAdvantage Buys Golden to Bolster Financial Crime Fighting Tool
April 24, 2024

Financial crime intelligence provider ComplyAdvantage has acquired tech company Golden. 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 this form, you agree...