Security & Fraud

Security & Fraud
Mastercard’s Gerber: Innovation Needs Consumer Trust To Advance The Digital Economy
July 12, 2021

“The boat has left the harbor and is in the open seas,” Mastercard Executive Vice President of Security and Cyber Innovation Johan Gerber told PYMNTS’ Karen Webster, adding that the ongoing shift from traditional to digital is set to stick. “I don’t see us ever...

Security & Fraud
How Intelligent Friction Trips Up The Fraudsters
July 09, 2021

“The criminals are always opportunistic.” 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 to receive...

Security & Fraud
Kaseya Was Warned About Cybersecurity Flaw In April
July 07, 2021

Kaseya, a Miami software supplier which helps technology service providers manage computer networks, knew in April about “a cybersecurity vulnerability” used in a massive ransomware attack last week, The Wall Street Journal (WSJ) reported, citing a Dutch security researcher group that discovered the issue. Get the...

Security & Fraud
How To Stop Online Fraud: Crush The Fraudsters’ ROI
July 07, 2021

There isn’t much good to be said about the motives and mindset of cybercriminals, given that they tend to be focused on fraudulently depriving others of their hard-earned funds. But, as Fastly’s Sr. Principal Technologist Zane Lackey told Karen Webster, there is one good thing...

Security & Fraud
Weekend Cyberattack May Not Be Over, Report Says
July 06, 2021

President Joe Biden has said the U.S. appears to have avoided much damage to businesses in the recent ransomware attack, which was the biggest on record, the Associated Press (AP) wrote Tuesday (July 6). Get the Full Story Complete the form to unlock this article...

Security & Fraud
Sweden’s FSA Probes Klarna Over Customer Info Breach
July 05, 2021

Payments firm Klarna is under the microscope of Sweden’s financial watchdog, over reported violations of security laws, Reuters reported Monday (July 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Security & Fraud
Hackers Ask $70M For Business Data From Supply Chain Attack
July 05, 2021

As many as 1,500 companies worldwide were hit by a ransomware attack on Kaseya, a U.S.-based information technology firm, a report from Reuters reported Monday (July 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Security & Fraud
Germany Denies Reports Of Cyberattack On ‘Critical’ Infrastructure, Banks
June 30, 2021

A cyberattack on German data service provider that works with government groups wasn’t a part of a larger, more comprehensive attack, according to Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
New Trial Pending As DOJ Files More Charges Against Capital One Hacker
June 30, 2021

The U.S. Department of Justice (DOJ) has postponed the Capital One trial against alleged hacker Paige A. Thompson following new charges after additional victims were revealed, The Record reported Wednesday (June 30). Get the Full Story Complete the form to unlock this article and enjoy...