Cyberattacks on American financial institutions are at an all-time high, with more and more cybercriminals eyeing consumers’ financial data and other sensitive information. A February 2018 study from the Federal Reserve Bank of Minneapolis found that 75 percent of American financial institutions incurred losses due to...
It looks like a flaw in Comcast’s website used for the activation of Xfinity routers can be exploited to harvest sensitive consumer information. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Visa announced that the growing number of chip cards and chip-enabled merchants has helped bring counterfeit fraud in the U.S. down by 76 percent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Welcome to the new world of trust. Identity is the new currency, and the costs of mishandling it – or making it easy to steal – can end up higher than the mere theft of funds. Get the Full Story Complete the form to unlock...
The Federal Communications Commission (FCC) announced late last week that it is investigating reports that websites may have enabled the location of mobile phone customers to be tracked. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
In an effort to combat cyberattacks, banks are taking a military approach to their online security. 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...
It used to be about the bars and bulletproof screens that separated tellers from banking customers and set a tone of security and trust. But that’s changing in the digital era. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
U.S. Department of Homeland Security (DHS) announced Tuesday (May 15) a new strategy to identify and manage national cybersecurity risk. 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...
If control is everything in data security, SOC 2 seeks to help service providers maintain and manage customer data in amid a series of “trust principles” – and maintain control in the process. Flywire CISO Barbara Cousins tells Karen Webster that the value of SOC...
