Security & Fraud

Bank Data Safety At Top Of Mind For Consumers
November 05, 2015

Regardless of technological innovations in the financial space, some human elements remain constant — like worries about banking security. 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...

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Financial Watchdogs Warn Of Hacker Extortion
November 05, 2015

After noticing an increased “frequency and severity” in the number of hackers attempting to extort financial institutions, U.S. financial regulators have put out a serious warning to banks and credit unions to keep their networks protected from unauthorized access. Get the Full Story Complete the...

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Banks Battle Aggregators For Customer Data
November 05, 2015

A battle, it seems, is brewing between some major banks (JPMC and Wells Fargo, so far) and a string of popular websites designed to help people better manage their money. Tired of competing and concerned about the security and efficiency of their servers, the banks...

In Depth
UK Surveillance Law Probes Deep Into Digital Activity
November 04, 2015

The draft version of the U.K. government’s new Investigatory Powers Bill was published today, which if passed into law, will establish a new set of surveillance powers and allow security and intelligence agencies to have greater access to the websites visited by Internet users over...

Changing The Cybersecurity Conversation
November 04, 2015

In March 2015, addressing a crowd at Innovation Project 2015, retired four-star General Keith Alexander, the former director of the National Security Agency, quieted the crowd with his rather sober reality of the future of cybercrime and cybersecurity. Get the Full Story Complete the form to...

Goldman Sachs Adds to Its Cybersecurity Startup Portfolio
November 04, 2015

The cybersecurity firm iboss has garnered a $35 million Series A investment from Goldman Sachs’ Private Capital Investing arm. 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...

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Getting Ready for CNP Fraud
November 04, 2015

As EMV takes hold in the U.S. and cyberthieves look to jump on the CNP bandwagon, here’s a fresh look at what merchants must do to ensure that the methods they use to authenticate consumers are firing on all cylinders. And, they’ve enlisted a rather...

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NCR Enhances Online/Mobile Banking Risk-Based Authentication
November 04, 2015

Consumer transaction giant NCR Corp. has announced the latest iteration of its fraud detection technology known as Fractals, which is geared toward the eBanking industry and has several new features. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Hackers Win $1M Prize For Attacking Apple iOS
November 03, 2015

Cybersecurity startup Zerodium has awarded a team of hackers $1 million for their ability to find a zero-day discovery related to the Apple mobile operating system. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...