U.S. lawmakers have opened an investigation into FinTechs Kabbage and BlueVine, along with their partner banks, for their role in the distribution of billions of dollars in COVID relief money to small businesses. Get the Full Story Complete the form to unlock this article and...
Microsoft said this week that the group behind the cyberattacks on SolarWinds customers last year has turned its focus on government agencies, think tanks and NGOs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The Transportation Security Administration (TSA) will release a new security directive, the first of two, to require pipeline operators to reveal when they’ve been the target of an attack, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy...
Cyberattacks are the greatest threat to the world’s financial system, the head of the Federal Reserve Board said last month. Investors and cybersecurity industry experts seem to agree with that theory. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Fraudsters hacked Omiai, Japan’s biggest dating app, exposing personal data like drivers’ licenses, insurance cards and passports, Bloomberg reported on Monday (May 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Hackers infiltrated Air India‘s servers, according to a Bloomberg report, which led to the data from 4.5 million fliers being compromised. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
U.S. companies that deal in critical infrastructure are especially vulnerable to ransomware and other cyberattacks because they have moved too slowly and spent too little to defend themselves, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and...
As financial services firms move further along in their digital acceleration and modernization journeys, various teams within those companies, from engineering to security, need to work together to stave off current — and future — security threats that come along with this evolved environment. Get...
President Joe Biden is calling for stepped-up authentication. To be more specific, Biden issued an executive order this week — number 14028, titled “Improving the Nation’s Cybersecurity” — that would modernize cyber defenses, and in effect, mandate continuous authorization through a “Zero Trust” design. Get the...