Security & Fraud

Security & Fraud
White House Mulls Requiring Cloud-Computing Companies to Disclose Customers
January 26, 2024

The Biden administration is reportedly set to propose new requirements for cloud computing companies in an effort to enhance security and protect sensitive data. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
eCommerce Firms Use Advanced Screening Tools to Combat Tech-Driven Fraud
January 26, 2024

eCommerce firms are grappling with the widespread impact of fraud, and according to PYMNTS Intelligence research, more than 80% encountered true fraud — verified instances of fraudulent activities, not just suspected cases or false positives — in the past year. Get the Full Story Complete...

Security & Fraud
Manhattan DA: Payment Apps Need Greater Anti-Theft Protection
January 25, 2024

If someone stole your phone, how quickly would they be able to steal your money? 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
Fraud Concerns Leave Consumers Skeptical of Payment Data Aggregation Apps
January 24, 2024

Payment fraud incidents have been on the rise, increasing 88% since December 2021, PYMNTS Intelligence research reveals. For instance, 11% of consumers who paid for groceries experienced payment fraud in March 2023, compared to 5.7% in December 2021. Get the Full Story Complete the form to...

Security & Fraud
Ransomware Attacks Spotlight Need for FIs to Gauge Third-Party Risk 
January 24, 2024

The fraudsters grow ever-wilier, the attacks more brazen. 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 form, you...

Security & Fraud
Risk-Based Scores and Customer Profiles Bolster Merchant Efforts Against Fraudsters
January 24, 2024

No matter the attack vector, bad actors have a singular strategy in place when it comes to eCommerce fraud, Jason Paguandas, VP and GM, Merchant Security and Fraud, Carat from Fiserv, told Karen Webster. Get the Full Story Complete the form to unlock this article...

Security & Fraud
SEC Says ‘SIM Swap’ Attack Enabled Takeover of X Account 
January 22, 2024

The Jan. 9 hack of the Securities and Exchange Commission’s (SEC) account on the social media platform X (formerly known as Twitter) was apparently the result of a “SIM swap” attack.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
More Than 80% of Firms Struggle to Discover What Causes Failed Payments
January 18, 2024

Firms know that failed payments damage their reputation, lead to customer churn and increase staff workload. 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...

Security & Fraud
Adobe on How Effective Fraud Protection Increases Conversion
January 17, 2024

Choosing between fast and secure payments is no longer a question. 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...