Security & Fraud

Security & Fraud
Cyber Insurance Market Expected To Reach $15B By 2022
November 25, 2019

As data breaches and ransomware hacks escalate, cyber protection is becoming one of the fastest-growing insurance industry sectors, a Financial Times special report indicated. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
How To Defend Corporate Banking Against Trojans, Malware
November 25, 2019

Hackers are leveraging increasingly sophisticated attacks against FIs, and have corporate transactions in the crosshairs.  Will LaSala, director of security services at OneSpan, tells PYMNTS how signing (and checking the details of) corporate transactions with the aid of encryption can help improve the overall user...

Security & Fraud
WWW Creator Tim Berners-Lee Shapes Web Rescue Strategy
November 25, 2019

British scientist and World Wide Web (WWW) creator Tim Berners-Lee has designed a strategy to save the internet from corruption and falsehoods,  The Guardian reported on Sunday (Nov. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
T-Mobile Data Breach Puts Personal Data Of 1M+ Customers At Risk
November 24, 2019

A recent data breach exposed the personal data of more than 1 million prepaid T-Mobile customers, reports said on Friday (Nov. 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Security & Fraud
Google Cloud Server Left A Billion Users’ Info Vulnerable
November 22, 2019

A database that aggregated 1.2 billion people’s personal data, which included email addresses, phone numbers and social media accounts, was discovered on an unprotected server in October, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and...

Security & Fraud
Fraud Control, Business Travel, Staying Competitive In The Sharing Economy
November 22, 2019

In the $37 billion homesharing market, fraudsters are increasingly exploiting the speed and convenience that platforms promise. As Airbnb recently learned (in a big way), failing to validate the legitimacy of listings can sour consumer relationships, and lead to lost revenue. In the latest Payments...

Security & Fraud
Security Concerns Prompt Fed To Strengthen Big Tech Oversight
November 22, 2019

Ongoing security concerns have prompted the Federal Reserve to further scrutinize big tech firms that serve the banking industry, The Wall Street Journal (WSJ) reported on Thursday (Nov. 21), citing a senior official. Get the Full Story Complete the form to unlock this article and...

Security & Fraud
Moving Issuers — And Auth Rates — Past Fraud Prevention To Revenue Protection
November 22, 2019

Fraud is hardly a new phenomenon in retail — in fact, it is probably safe to assume that fraud in some form or other has been there since the beginning. The minute the first shop opened for business, some fraudster likely got the idea to...

Security & Fraud
Kicking Fraudsters Out Of Online Games
November 22, 2019

It’s been said cybercriminals look for the path of least resistance when they target businesses or online marketplaces to steal data or money. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...