Media/technology company Thomson Reuters has reported a cybersecurity incident involving its case management system. The incident was detected in 11 U.S. states, as well as in Canada and the U.S. Virgin Islands and involved the company’s C-Track tool, used for managing court cases, Reuters — itself...
Banks often don’t see a fraud scheme until money has left the account, and then it’s too late. A stolen check, compromised card or banking credential may already have circulated among criminals, giving fraud teams little time to intervene. As payments move faster and fraudsters...
Merchants may have more revenue to gain from approving good customers than from tightening fraud controls another turn. That opportunity runs through “The Performance Gap: Why Every Transaction Is a Growth Opportunity,” the August edition of the “Optimizing Payments Tracker® Series.” The report finds that...
Visa has introduced new tools to help banks prevent account-to-account (A2A) fraud. The payments giant on Tuesday (Sept. 1) debuted an enhanced version of its A2A project, designed to offer real-time risk insights that help banks stop A2A fraud before funds leave customer accounts. “Fraudsters...
Uncertainty can turn a routine payment problem into a cost that is twice as large. That gap sits at the center of “Early Detection: Why Top Performing Firms Focus on Fraud Before It Starts,” a May edition of The 2026 Certainty Project produced by PYMNTS...
Cybersecurity and connectivity cloud provider Cloudflare introduced a new way to fight cyberattacks, according to a Monday (Aug. 31) press release. Adaptive Intelligence is a continuous real-time detection engine built to counter automated cyber threats by increasing operational costs for attackers, the release said. It...
ToxicPanda sounds like an energy drink formulated for people who regard sleep as a character flaw. It’s actually an Android banking Trojan capable of taking over phones, stealing financial credentials and initiating unauthorized transactions. Its newly discovered sequel, ToxicPanda 2.0, is bigger, more capable and...
There’s a new number in cybersecurity for CFOs to track, and it’s not the list of what was stolen. It’s the number of obligations created. Headlines this week offered a glimpse of what that new cyber math looks like. Manchester Airports Group disclosed that an...
Last month, OpenAI revealed that its agents had hacked open-source artificial intelligence (AI) platform Hugging Face. Now, a pair of reports—one by OpenAI and the other from independent researchers—offers new details into the cybersecurity incident. For example, independent investigators METR and Redwood Research, which had...