Cybersecurity/page/4 news and trends

Report: Cyber Threats Growing at 90% of Companies
Cybersecurity // 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 13) by The Wall Street Journal (WSJ). Nearly all mid-sized businesses — defined in the...

Dell Data Breach Underscores Rising Cost of Cybersecurity Complacency
Cybersecurity // May 10, 2024

As digital becomes an operational imperative, so too does enterprise cybersecurity. Progress must be protected. With the news Thursday (May 9) that Dell suffered a security breach earlier this year that resulted in the theft of sensitive data impacting 49 million customers, prioritizing robust cybersecurity and risk management practices is increasingly...

Biden Administration to Propose Cybersecurity Standards for Hospitals, Other Entities
Cybersecurity // 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 Advisor for Cyber and Emerging Technology Anne Neuberger said Thursday (May 9) at the Bloomberg Tech Summit...

Fed Governor Lisa Cook Highlights Private Credit as Emerging Issue
Banking // 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 stability and highlighted these issues as potential vulnerabilities. The commercial real estate (CRE) sector continues...

Interviews & Exclusives
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 Management in Online Transactions,” a PYMNTS Intelligence collaboration with Nuvei that looks at the fraud-related challenges unique to eCommerce merchants and explores what these players are […]

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...

Spike in Identity Fraud Forces Banks to Embrace Innovation

April 23, 2024
To the hammer of a bad actor, everything vulnerable looks like a nail. And with the rise of sophisticated fraud techniques, organizations like financial institutions that are operating within security-critical...

Quick Reads
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 13) by The Wall Street Journal (WSJ). Nearly all mid-sized businesses — defined in the report as having between $50 million and $1 billion in […]

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...

MGM Hackers Reportedly Targeting Banks and Insurers

May 08, 2024
Last year, a group called Scattered Spider pulled off a massive hack targeting casinos. Now, this mysterious collective has apparently turned its attention to the banking and insurance sectors, cybersecurity researchers told...