cyberattacks

Fraudsters Try New Spins On The BEC Scam

Fraudsters Try New Spins On The BEC Scam
Fraudsters Try New Spins On The BEC Scam
January 27, 2020  |  B2B Payments

The Business Email Compromise (BEC) continues to evolve. Fraudsters are adding new twists to what has become an increasingly common scam targeting businesses’ B2B payments...

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The Risky Business Of SMBs’ Crypto Adoption
The Risky Business Of SMBs’ Crypto Adoption
January 23, 2020  |  B2B Payments

Cryptocurrency went from dark-web danger to high-tech investment opportunity seemingly overnight, and, as more consumers seek to use digital currency, more businesses are stepping into...

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DocuSign Wages War On Phishing
DocuSign Wages War On Phishing
January 23, 2020  |  Fraud Prevention

More than 4.1 billion consumer accounts fell victim to data breaches during the first half of 2019 — to the tune of $4 million in...

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Fraud Decisioning Adapts To Shifting Conditions
Fraud Decisioning Adapts To Shifting Conditions
January 21, 2020  |  Cybersecurity

Just when you think there are no surprises left, this statistic drops: 60 percent of organizations recently polled had no idea their customer data had...

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New Orleans Hack Causes Vendor Payment Delays
New Orleans Hack Causes Vendor Payment Delays
January 19, 2020  |  B2B Payments

The computer system at New Orleans City Hall is still on the fritz following a cyberattack on Dec. 13 that has stalled vendor payments. It...

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Top News In Payments: Apple Buys AI Firm For $200M; $500M Debt Rescue Plan Considered For Taxi Drivers
Top News In Payments: Apple Buys AI Firm For $200M; $500M Debt Rescue Plan Considered...
January 16, 2020  |  News

In today’s top payments news, Apple buys artificial intelligence (AI) firm Xnor for $200 million, a panel in New York City is seeking a $500...

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Dozens Of US Firms Had Same Security Flaw As Travelex
Dozens Of US Firms Had Same Security Flaw As Travelex
January 16, 2020  |  Cybersecurity

The vulnerability that allowed Travelex to be attacked by hackers has existed at many other companies and institutions in the U.S., according to a report...

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Fed Study: Wholesale Payments Vulnerable In Bank Cyberattack
Fed Study: Wholesale Payments Vulnerable In Bank Cyberattack
January 15, 2020  |  Cybersecurity

A pre-mortem analysis sounds … ominous. Mortem, after all, is Latin for “dead.” And the term is attached to a report from the New York Federal...

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