A massive spike in fraud of all kinds has taken businesses by surprise and left them scrambling for solutions, Trulioo Chief Operating Officer Zac Cohen told Karen Webster in a recent conversation. It’s a testament to how fast the ground has moved beneath them, he said....
Securities and Exchange Commission (SEC) Chairman Jay Clayton said corporate America needs to be more proactive about cybersecurity, warning that the threat of cyberattacks will continue, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
“New government policies ultimately changed the way the majority of businesses interacted with customers, with new phrases like ‘buy online, pick up in-store’ becoming part of the nomenclature,” says Andre Machicao, senior vice president of CyberSource, Visa. Here, Machicao explains how his firm helped clients...
A ransomware attack has infiltrated the healthcare system and affected five hospitals, the Associated Press (AP) reported. 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...
As retailers faced a spike in digital fraud with the onset of the pandemic, Trulioo recognized the challenges that small businesses were facing and took action by offering free access to its identity network. “This helped them to mitigate their risk, build trust with their...
When asked why he robbed banks, Willie Sutton — the famous criminal with four decades of bank robbery experience — is said to have offered what was likely history’s clearest answer: “Because that’s where the money is.” Get the Full Story Complete the form to...
The scams are creeping into your newsfeed, your ads, your offers … and so, think twice before the retweet, perhaps. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Fragomen, Del Rey, Bernsen & Loewy, an immigration law firm, has reported a data breach that could involve personal information from current and former Google employees, according to a news report. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Feedzai‘s Senior Vice President of Product Pedro Barata describes the pandemic era as “the perfect storm for payments fraud.” He describes to PYMNTS how Feedzai has helped its customers adjust and implement effective defenses against financial crime and react appropriately in a digital age. Get...
