Security & Fraud

Security & Fraud
Intel Becomes A Strategic Partner In Team8
June 22, 2017

Intel, the semiconductor company, has become a strategic partner in Team8, an Israeli creator of cybersecurity startups. 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...

Security & Fraud
South Korean Company Surrenders $1 Million To Ransomware
June 21, 2017

A South Korea-based web hosting firm has fallen victim to ransomware. That’s not unusual in today’s cybersecurity climate, but what is unusual is how much the company is paying to regain control of its systems: $1 million. Get the Full Story Complete the form to...

Security & Fraud
New Survey By Kaspersky Lab Shows Cyber Attacks Are Alive And Kicking
June 21, 2017

Kaspersky Lab, the security software company, announced Tuesday (June 20) a new State of Industrial Cybersecurity 2017 security survey, which found that over half (54 percent) of ICS companies interviewed have experienced at least one cyber attack in the last 12 months — with one in...

Security & Fraud
SoftBank Drops $100M Into Cybereason Software
June 21, 2017

SoftBank is helping out Boston-based digital security firm Cybereason with a big $100 million investment. 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
Cyber Security Risk Ratings Debut For US Banks And Enterprises
June 21, 2017

Roughly two dozen companies in the United States have established a set of ground rules and guiding principles that center on cyber security ratings. Among that roster of companies are several large U.S. banks. Get the Full Story Complete the form to unlock this article...

Security & Fraud
BBVA, Das-Nano Form Biometrics Authentication Systems Company Veridas
June 21, 2017

BBVA, the New York–based bank, and Das-Nano, the biometrics startup, are joining forces to create a new company called Veridas that is focused on biometrics for identification and authentication systems. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
When Cyber-Risk Becomes A Legal Nightmare
June 20, 2017

Hitting the ground running with the next big thing in services or products or payments can be a thrill, but for startups with blinders on, ignoring cyber risk can be a lethal misstep. Lucas Morris, senior manager with Crowe Horwath’s technology risk consulting group, and...

Security & Fraud
Airbnb Enhances KYC Thru Acquisition
June 19, 2017

Airbnb, the home sharing platform, is acquiring Trooly, a background check startup as it aims to prevent guests and hosts from running into bad situations when they use the service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
A Spam Botnet Is Being Used To Promote Adult Dating Sites
June 16, 2017

A spam botnet that has been used for promoting adult dating sites is being researched by cybersecurity website KrebsOnSecurity.com but has hit a firewall and published its research to find out if other researchers are studying it. Get the Full Story Complete the form to...