On Friday (Sept. 16), the world’s major central banks launched a task force focused on cybersecurity in cross-border banking and protecting interbank payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
You’ve seen the pictures: rows of workers, in what could be termed “fraud factories,” armed with laptops, launching unsophisticated attacks on merchants. In the latest profile of the fraudster, Forter Analyst Gilit Saporta tells Karen Webster what’s behind this seemingly exploited type of fraudster and...
Krebs on Security reported that ransomware — the style of cybercriminality that infects files on a computer server and then forces users to pay up in order to restore them — has been exacting a cost that could get a lot heavier if hackers start to ask...
Two former executives at Bankrate were unsuccessful in convincing a federal judge to throw out U.S. Securities and Exchange Commission allegations that they manipulated the company’s results to meet forecasts of Wall Street analysts. Get the Full Story Complete the form to unlock this article...
Another day, another scheme. Hackers are hard at work coming up with new ways to make everyone pay — from customers to businesses, and even governments. In this week’s Hacker Tracker, we take a look at the latest figures for how much cyberattacks are really...
CyberArk, the cybersecurity company, announced on Wednesday (Sept. 14) it was awarded another patent by the U.S. Patent and Trademark Office for security risk detection technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Another day and another security threat for consumers with cards to worry about. 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....
If you don’t think computer hacks and viruses are a big deal, think again. According to a survey by Zogby Analytics for Hartford Steam Boiler Inspection and Insurance Company (HSB), more than one-third of U.S. consumers have experienced a computer virus, hacking event or some...
A new survey from global cybersecurity company Kaspersky Lab revealed that cyberattacks typically cost large businesses $861,000, on average. For SMBs, the damages from cyberattacks usually end up costing the company an average of $86,500. Get the Full Story Complete the form to unlock this...
