Cybersecurity/page/3 news and trends

Payments Speed and Security Acceleration Driven by Behavioral Expectations
Payments Innovation // May 23, 2024

The future of payments won’t be built overnight. But progress is being made almost every single day. Technology is reshaping every facet of business. The pursuit of efficiency, security and seamless customer experiences is driving change in how transactions are conducted and transforming the ways businesses can operate. Aaron LeHew,...

Amazon, Microsoft and Others Agree on AI Safety Commitment at Seoul Summit
Artificial Intelligence // May 22, 2024

Artificial intelligence companies from around the globe came together to address the growing concerns surrounding the safety and responsible development of advanced AI systems. The Seoul AI Safety Summit, held in the South Korean capital, saw Microsoft, Amazon, OpenAI and other major players from the United States, China, Canada, the United Kingdom,...

SEC: Data Breaches at Financial Institutions Must Be Reported in 30 Days
Cybersecurity // May 19, 2024

New federal regulations give some financial institutions (FIs) a tighter deadline for reporting security breaches. The Securities and Exchange Commission (SEC) adopted changes last week that require institutions to notify people whose data was compromised “as soon as practicable, but not later than 30 days”...

Customer Satisfaction Concerns Drive eCommerce Merchants’ Security Upgrades
Security & Fraud // May 15, 2024

Ninety-five percent of eCommerce merchants have either already started enhancing their anti-fraud resources or plan to do so before the year is out. That is one key takeaway from “Fraud Management in Online Transactions,” a PYMNTS Intelligence collaboration with Nuvei that looks at the fraud-related challenges...

Interviews & Exclusives
Payments Speed and Security Acceleration Driven by Behavioral Expectations

May 23, 2024
The future of payments won’t be built overnight. But progress is being made almost every single day. Technology is reshaping every facet of business. The pursuit of efficiency, security and seamless customer experiences is driving change in how transactions are conducted and transforming the ways businesses can operate. Aaron LeHew, director of invoice-to-cash at Esker, shared his thoughts on the key […]

Customer Satisfaction Concerns Drive eCommerce Merchants’ Security Upgrades

May 15, 2024
Ninety-five percent of eCommerce merchants have either already started enhancing their anti-fraud resources or plan to do so before the year is out. That is one key takeaway from “Fraud...

Experts Say OpenAI and Amazon Are Keepin’ It Real for AI

May 08, 2024
In a world increasingly flooded with artificial intelligence-generated content, tech behemoths are now locked in a high-stakes battle to develop cutting-edge tools that distinguish between what’s real and what’s not....

Nearly Half of Enterprise Merchants Are Beefing Up Security Online

May 08, 2024
Eighty-two percent of eCommerce merchants experienced cyberattacks or data breaches in the last year, according to PYMNTS Intelligence’s “Fraud Management in Online Transactions. The study was based on surveys with 300 heads...

Quick Reads
SEC: Data Breaches at Financial Institutions Must Be Reported in 30 Days

May 19, 2024
New federal regulations give some financial institutions (FIs) a tighter deadline for reporting security breaches. The Securities and Exchange Commission (SEC) adopted changes last week that require institutions to notify people whose data was compromised “as soon as practicable, but not later than 30 days” after learning of a breach. The new amendments to SEC’s […]

Report: Cyber Threats Growing at 90% of Companies

May 13, 2024
For American businesses, the threat of cyberattacks continues to grow. Ninety percent of companies say their cybersecurity risks increased in the last year, according to a survey of compliance professionals published Monday (May...

Biden Administration to Propose Cybersecurity Standards for Hospitals, Other Entities

May 09, 2024
In response to a recent cyberattack that exposed the data of 100 million Americans, the Biden administration reportedly intends to require hospitals to meet minimum cybersecurity standards. Deputy National Security...

Fed Governor Lisa Cook Highlights Private Credit as Emerging Issue

May 08, 2024
Federal Reserve Governor Lisa Cook highlighted commercial real estate, private credit and cyber risks as potential issues. Speaking Wednesday (May 8) at the Brookings Institution in Washington, D.C., Cook provided a current assessment of financial...