Security & Fraud

Security & Fraud
AWS’ New Cryptographic Solution Promises Secure Payment Processing in the Cloud
June 13, 2023

Although an increasing number of payment companies are transitioning their workloads to the cloud, the use of manual, on-premises payment hardware security modules (HSMs) — physical computing devices designed to strengthen authentication — to beef up data encryption continues to create challenges for businesses. Get...

Security & Fraud
One Billion Consumers at Risk of India’s COVID Vaccine Data Breach
June 12, 2023

India’s Ministry of Health and Family Welfare is investigating what it called baseless reports of a data breach of its COVID vaccine database. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
Behavioral-Driven Fraud Is Having a Modern Day Renaissance
June 09, 2023

Powered by technology like generative artificial intelligence (AI), behavioral-driven fraud is enjoying a modern renaissance. 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,...

Security & Fraud
60 Years on, Banks Say it’s Time to Leave Passwords and Embrace Biometrics
June 09, 2023

Companies have had to ensure the validity of customers interacting with them — while also providing a frictionless experience — since the very dawn of commerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
It’s Not Enough That Businesses Win – Fraudsters Must Also Lose 
June 08, 2023

The digital age has brought with it a new, sophisticated twist to traditional fraud threats. 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,...

Security & Fraud
American Express and Plaid Streamline Onboarding for FinTech Apps
June 08, 2023

American Express and Plaid have partnered to make it easier for customers to use FinTech apps. 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
FTC: Bank Impersonation Text Message Scams 20X More Common Since 2019
June 08, 2023

Bank impersonation is the most-reported form of text message scam. 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...

Security & Fraud
Report: Hackers Exploit File-Transfer Software MOVEit Security Flaw to Steal User Data
June 04, 2023

Hackers have reportedly stolen data from several users of file transfer tool MOVEit Transfer. 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
Over 41% of Consumers Interested In Pay By Bank Despite Security Fears
June 02, 2023

Pay by bank transfer is an increasingly popular payment method for consumers, yet it also carries security concerns as it involves sharing banking details. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...