February 20, 2015
Latest Payments Breach Is Gaming Site
Seattle-based casual gaming company Big Fish Software notified customers last week that its billing and online payment systems were infected with malware, according to SC Magazine. According to a letter...
February 17, 2015
What Would You Do If You Were Regulator For A...
Admit it. You’ve thought to yourself (and maybe even said out loud) that if only the regulators had listened to you, that the current regulatory environment in payments and financial...
February 17, 2015
Microsoft’s Push Toward Biometrics Security
Microsoft has been building better alternatives to passwords into its forthcoming version of Windows, including support for two-factor authentication and biometrics. Now the company is joining forces with the Fast...
February 16, 2015
How 100 Banks Got Hacked And Lost $900 Million
Over 100 banks worldwide have been hit in a cyberheist that Russian cybersecurity firm Kaspersky Lab estimates could have netted as much as $900 million in stolen funds. The massive...
February 16, 2015
Obama: Cybersecurity Is Shared Responsibility
Cyberspace has become today’s “Wild West” and as the country’s leader, President Barack Obama has positioned himself as sheriff. That’s how the Associated Press summed up the theme of the...
February 13, 2015
Visa Takes Tokens Online
Later today, Visa CEO Charlie Scharf will take the stage at Stanford University to explain the next evolution of fighting cyber-criminals, making the data they steal totally useless. As part...
February 12, 2015
Anthem Breach Response Draws Fire From States
The public relations cleanup following Anthem Inc’s data breach keeps getting worse for the health care insurance provider as U.S. state governments are filing formal letters of complaints against the...
February 11, 2015
US Government Forming New Agency To Combat Cyberthreats
A new government agency is being formed to protect the U.S. from cyberattacks in both the public and private sector. Announced on Tuesday (Feb. 10) by Lisa Monaco, assistant to...
February 11, 2015
Forbes.com Breach Infected Defense And Financial Industry Visitors
Chinese cyberattackers hijacked the Forbes.com website’s “Thought of the Day” feature, which greets every visitor to the site, and redirected some visitors to a site that would serve up malware,...
Digital bill pay, while routine for most consumers, poses challenges such as fraud, friction and limited payment options — particularly in the utilities sector, where consumer trust is low. This edition of the “Money Mobility Tracker®,” a collaboration with Ingo Payments, examines how billers and financial institutions can earn trust among consumers.
There’s no shame in asking for help. Eighty-two percent of merchants experienced a cyber or data breach in the last year, and PYMNTS Intelligence’s latest study of 300 eCommerce executives, “Fraud Management in Online Transactions,” a collaboration with Nuvei, details merchants’ thoughts about fraud prevention, finding that outsourced methods correlate with fewer failed payments.