Security & Fraud

Security & Fraud
AT&T Breach Demands Vigilance as Fraudsters Leverage ID Data, Says Intellicheck’s Lewis
April 02, 2024

The fallout from the massive data breach at AT&T — where information tied to 73 million current and former account holders was leaked — has yet to be felt. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
FTC Can Now Sue Scammers Impersonating Government Agencies, Businesses
April 01, 2024

The Federal Trade Commission (FTC) said Monday (April 1) that it now has stronger tools to combat scammers who impersonate government agencies and businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Security & Fraud
OpenAI Recommends Phaseout of Voice-Based Authentication While Previewing Text-to-Speech Model
March 29, 2024

OpenAI suggested Friday (March 29) that voice-based authentication for accessing bank accounts and other sensitive information should be phased out.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Security & Fraud
Rising Fraud Casts Shadow Over Voice Commerce Potential
March 29, 2024

The proliferation of voice-activated technology, from virtual shopping assistants to speech recognition in smartphones and smart homes, is reshaping how consumers interact with devices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Security & Fraud
US Pledges $10 Million Reward in Hunt for UnitedHealth Hackers
March 28, 2024

Last month, a hacker group known as ALPHV BlackCat attacked the U.S. healthcare system. 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...

Security & Fraud
Rise of Synthetic IDs Demands New Approaches to Identity at the Point of Onboarding  
March 27, 2024

The synthetic ID — the online identity concocted through bits and pieces of information gleaned from far-flung sources, cobbled together by fraudsters — is wreaking havoc. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
Treasury Report Finds ‘Significant’ Gaps in AI Fraud Prevention
March 27, 2024

Larger financial institutions have an edge over smaller ones in AI-related fraud prevention. 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....

Security & Fraud
Seven in 10 Financial Institutions Use AI and ML to Combat Fraud
March 26, 2024

Recently, PYMNTS sat down with an array of experts and innovators in the artificial intelligence (AI) field to get their thoughts on how the technology will transform the payments and commerce sectors in the years ahead.   Get the Full Story Complete the form to unlock...

Security & Fraud
Bedrock Security Takes On Data Complexities in GenAI Era
March 26, 2024

In the rapidly evolving world of cloud computing and generative artificial intelligence (AI), data security has become a paramount concern for organizations worldwide. Bedrock Security, a newly launched platform, aims to address these challenges head-on. Get the Full Story Complete the form to unlock this article...