Security & Fraud

Security & Fraud
Lloyd’s Estimates A Major Cyber Attack Could Cost $53 Billion
July 17, 2017

That cybercrime is a growing — and increasingly expensive — concern is not news at this point. 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...

Security & Fraud
The Part Of Fraud That’s On The Decline
July 17, 2017

Catching fraudsters isn’t as easy as just checking the IP address of an order anymore. Today’s fraudsters are smart, well-funded and coordinated, much more so than the merchants they attack. Fraud isn’t perpetrated by a random assortment of individuals; it’s organized crime. It’s “fraud as...

Security & Fraud
Are You Ready For A Cyberattack?
July 14, 2017

The WannaCry ransomware in May crippled hospitals, railways and government in more than 150 countries: the biggest cyberattack on the books, affecting hundreds of thousands of computers. Few paid up, but with systems down for days or weeks, bottom lines certainly suffered regardless. Get the...

Security & Fraud
Trump Hotels Hacked
July 13, 2017

Fourteen Trump Hotel properties were hit by a data breach, and management announced the news on Tuesday, including those in Las Vegas, New York, Washington, D.C. and Chicago. Guest names, addresses, phone numbers, credit card numbers and card expiration dates were exposed. Get the Full Story...

Security & Fraud
Deep Instinct Raises $32M In Venture Funding
July 13, 2017

Deep Instinct, the cybersecurity company, announced Wednesday (July 12)  it has raised $32 million in Series B financing. 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...

Security & Fraud
Biometric Data At Risk In POS Malware Attacks
July 12, 2017

Another day, another fraud attack. But this one is unique because, at least at first, it was believed that consumer biometric data may have been compromised. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
AI Cybersecurity Darktrace Valued at $825M After $75M Round
July 12, 2017

New cyber threats have shoved legacy antivirus systems into obsolescence. Polymorphic malware changes its profile as it attacks, sliding around pattern recognition-based defenses. Cyber defense firms are therefore developing new methods based on artificial intelligence. Get the Full Story Complete the form to unlock this...

Security & Fraud
Avanti Markets Malware Attack Included Biometric Information
July 12, 2017

Avanti Markets, a micro-market provider selling snacks at businesses and boasting more than 1.6 million customers, is the latest to get hit with a malware attack. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
Symantec Buys Skycure To Secure Mobile Devices
July 12, 2017

Cybersecurity company Symantec recently announced it has entered an agreement to acquire U.S. and Israel-based Skycure, a mobile threat defense company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...