Retailers are retailers, not security experts. Too often, their best efforts can create friction at the point of sale for consumers, which leads to shopping cart abandonment and lost revenue, all while feeding the illusion of “too much security.” Get the Full Story Complete the...
Losing money is never something that companies look forward to, but it’s likely something that’s expected to happen from time to time. With today’s digital sphere ingrained in every aspect of business, it’s tough not to have some part of the business taken advantage of...
Worldwide spending on information security products and services will reach $86.4 billion in 2017, marking a seven percent increase over 2016. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
NetSarang — a software vendor “used by hundreds of large companies worldwide, including those in financial services, education, telecoms, manufacturing, energy and transportation,” according to a spokeswoman from Kaspersky Labs — has closed and locked a dangerous back door in one of its software systems, which hackers...
There’s a lot of money in stolen credit cards. Fraud magnate Bern Ersell declined to tell PYMNTS exactly how much, but he did give a virtual tour of his international fraud syndicate. Get the Full Story Complete the form to unlock this article and enjoy...
APT 28, a cyber spying group that is suspected to be connected to military intelligence in Russia, was likely behind a cyberattack of hotel guests in countries mainly in Europe in July. Get the Full Story Complete the form to unlock this article and enjoy...
Ding, ding, ding! And the winner of the newest frontier of financial fraud is cryptocurrency. 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,...
Conspiracy theorists who think someone tampered with the 2016 U.S. election may actually have a case. The level of security on U.S. voting machines — or lack thereof — is practically an invitation to cyberhackers to tamper with election results, upload malicious software or compromise voter data....
American International Group (AIG), the insurance company based in the U.S., predicted the number of cyber insurance policies will skyrocket from Chinese companies and in other parts of Asia due to the WannaCry ransomware attack that wrecked havoc on companies around the globe a few...
