The cybersecurity world is witnessing a potentially new, dangerous threat: according to insurance firm Euler Hermes, one of its corporates fell victim to cyber fraud after attackers used sophisticated artificial intelligence (AI) technology to impersonate the firm’s chief executive officer by mimicking his voice on...
It is perhaps no surprise that the latest research on corporate cybersecurity is far from optimistic. In a time when experts highlight the increasing sophistication of cyberattacks, the growing financial and reputational losses as a result of data breaches, and the rising investments in cybersecurity...
Cyberattacks are a massive problem for organizations today, and the threat is only growing larger. IBM data said the average cost of a data breach is $3.86 million, with U.S. companies experiencing an even higher average of $7.91 million. Get the Full Story Complete the...
More than $205 million in financing was invested in B2B startups this week, signaling investors’ continued appetite for these players as the seasons turn. Cybersecurity, per usual, saw a busy week, while workforce management, alternative small business lending, supply chain management, and other financial services...
August 25, 2017
The cyber insurance market is expected to grow, by a lot. Researchers at PricewaterhouseCoopers predicted in 2015 that the market would hit $7.5 billion in annual premiums by the end of the decade (and at least $5 billion by next year). Get the Full Story Complete the form to unlock this article and enjoy unlimited […]
June 15, 2017
President Donald Trump wants to bring more jobs back to the U.S., and lawmakers have asked the Trump administration to pay particular attention to the call center industry. This year, senators...
September 20, 2016
Corporate money managers are evolving into strategic players within the enterprise, but this trend is often cited in reference to C-suite executives, like treasurers and CFOs. A new report from...
September 16, 2016
Only a few years ago, B2B payments were thought of as the underdog in FinTech innovation. This week, venture capitalists prove the doubters wrong, providing $105 million to startups that...
November 24, 2016
Analysts at Kaspersky Lab have discovered a string of attacks targeting users across Asia and Africa, the company said Wednesday (Nov. 23). 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 daily newsletter, PYMNTS Today. By […]
June 16, 2016
FICO is best known for its consumer credit rating services, but the company revealed Tuesday (June 14) that it will launch a new product that rates the security of corporations....
June 14, 2016
A U.K. corporate networking firm has found some intriguing patterns emerging among corporations as the risk of cybercrime grows. Researchers at Citrix this month found evidence that businesses are shoring...
June 03, 2016
There may be a few resilient, strategic entrepreneurs out there who don’t need venture capital to run a successful startup. Such was the case for several companies profiled this week...
