American International Group (AIG), the insurance company based in the U.S., predicted the number of cyber insurance policies will skyrocket from Chinese companies and in other parts of Asia due to the WannaCry ransomware attack that wrecked havoc on companies around the globe a few...
Fraud is constantly evolving, so why shouldn’t digital identity protection? The National Institute of Standards and Technology recently updated its Digital Identity Guidelines, to include authentication — and the scope goes well beyond passwords. PYMNTS’ Karen Webster checks in with Sunil Madhu, chief executive officer of...
Bank of America is reportedly launching a pilot of Samsung Electronics technology that will enable customers to access the mobile banking app via a photo of their eye. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Your clever password, dotted with capital letters, numbers and symbols isn’t so clever after all. The man who wrote the book on crafting uncrackable passwords now tells the Wall Street Journal that he was all wrong: short and goofy-looking isn’t the key to better security....
The state of California is gearing up to investigate allegations that Wells Fargo and National General Insurance sold residents insurance they didn’t need. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
In regards to the Commonwealth Bank breaches — might it all have been due to coding errors? 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...
The Federal Trade Commission (FTC) announced news on Monday (Aug. 7) that it charged twelve people with money laundering millions of dollars in credit card charges via fraudulent merchant accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Samsung’s heir, Lee Jae-yong, is facing recommendations from South Korean prosecutors that he serve a jail term of twelve years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The U.K. government released new regulation guidelines on Sunday (August 6) that call on makers of internet-connected cars and trucks to place more stringent cybersecurity protections in the vehicles to prevent against hackers. Get the Full Story Complete the form to unlock this article and...