Security & Fraud

Incoming Payments Fraud Poses ‘Silent Threat’ to Bottom Lines  
Security & Fraud
Incoming Payments Fraud Poses ‘Silent Threat’ to Bottom Lines  
February 16, 2023

Put up $2, and you can score $100 million. Incoming payments are the new attack vector.   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...

Plaid and Okta Partner on Secure Connections for Open Finance
Security & Fraud
Plaid and Okta Partner on Secure Connections for Open Finance
February 15, 2023

Plaid and Okta have partnered to help financial institutions offer open finance more securely. 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...

Companies Focus on Fraud Prevention as Industrial Ransomware Attacks Jump 87%
Security & Fraud
Companies Focus on Fraud Prevention as Industrial Ransomware Attacks Jump 87%
February 14, 2023

Cyberattacks on industrial businesses skyrocketed last year amid a rise in criminals selling ransomware services. 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,...

Pay.UK on Striking the Balance Between Fast and Friction in Stopping UK Fraud Epidemic
Security & Fraud
Pay.UK on Striking the Balance Between Fast and Friction in Stopping UK Fraud Epidemic
February 14, 2023

The U.K. has been experiencing a widespread payments fraud epidemic in recent 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. yesSubscribe to our daily newsletter, PYMNTS Today....

FTC Distributes $115M to Victims of MoneyGram Payment Fraud
Security & Fraud
FTC Distributes $115M to Victims of MoneyGram Payment Fraud
February 12, 2023

The federal government has reimbursed nearly 40,000 victims of fraud schemes processed by MoneyGram. 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...

Banks Challenged to Strengthen User Authentication as Malware Threat Intensifies
Security & Fraud
Banks Challenged to Strengthen User Authentication as Malware Threat Intensifies
February 07, 2023

The latest generation of malware can automatically cancel biometric security measures. 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...

UK Regulator Reports ‘Broad Support’ for Reimbursing APP Fraud Victims
Security & Fraud
UK Regulator Reports ‘Broad Support’ for Reimbursing APP Fraud Victims
February 06, 2023

The U.K.’s payments regulator wants banks to reimburse victims of authorized push payment (APP) fraud. 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,...

Swiss Prosecutors Looking Into 2022 Credit Suisse Data Leak
Security & Fraud
Swiss Prosecutors Looking Into 2022 Credit Suisse Data Leak
February 03, 2023

Switzerland aims to identify and prosecute those behind a 2022 Credit Suisse data leak. 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...

UK Regulator Blocked 14X More Misleading Financial Promotions in 2022
Security & Fraud
UK Regulator Blocked 14X More Misleading Financial Promotions in 2022
February 03, 2023

The U.K.’s financial regulator sent out over 1,800 alerts last year to protect consumers from financial scams. 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...