Online Security news and trends

Gen Z Consumers Give Banks Less Than a Passing Grade on Bank Authentication
Security & Fraud // May 26, 2023

When consumers think about how secure their bank accounts are, that can trigger a powerful emotional response to what is ultimately a matter of bank-grade security. This topic is analyzed in Consumer Authentication Preferences for Online Banking and Transactions, a PYMNTS and Entersekt collaboration, based on a survey...

More Than Half of Bank Consumers Want Better Transaction Security
Authentication // March 06, 2023

As authentication technologies evolve and consumer awareness of security measures grows, retail banking customers demand more secure and user-friendly online identity verification. PYMNTS’ latest research found that 36% of banking customers want their financial institutions (FIs) to provide more visible security measures for high-risk financial...

No-Password Login Platform Trusona Secures $20M
Investments // January 15, 2020

Capitalizing on a major ideological shift within technology firms, online privacy and security company Trusona has raised $20 million, with contributions from Georgian Partners, Microsoft’s M12, Kleiner Perkins, OurCrowd, Seven Peaks Ventures and Akamai. Trusona utilizes popular new technologies other than passwords — including biometrics...

REPORT: How Subscription Merchants Can Avoid The SCA Conversion Cliff
Subscription Commerce // October 15, 2019

Subscriptions are not just for magazines anymore. The business model has grown well beyond streaming services like Netflix to encompass an ever-expanding variety of services and products, including vehicles, shaving kits and beauty supplies — to name a few. Fundamental to subscription’s appeal is that...

Interviews & Exclusives
Firms Embrace AI for Faster, Smarter Cybersecurity Solutions

March 01, 2024
Google CEO Sundar Pichai recently noted that artificial intelligence (AI) could boost online security, a sentiment echoed by many industry experts. AI is transforming how security teams handle cyber threats, making their work faster and more efficient. By analyzing vast amounts of data and identifying complex patterns, AI automates the initial stages of incident investigation. […]

Gen Z Consumers Give Banks Less Than a Passing Grade on Bank Authentication

May 26, 2023
When consumers think about how secure their bank accounts are, that can trigger a powerful emotional response to what is ultimately a matter of bank-grade security. This topic is analyzed...

More Than Half of Bank Consumers Want Better Transaction Security

March 06, 2023
As authentication technologies evolve and consumer awareness of security measures grows, retail banking customers demand more secure and user-friendly online identity verification. PYMNTS’ latest research found that 36% of banking...

Can Less Digital Security Actually Be More Secure?

August 08, 2019
What was the color of the car you owned in 2005? Still remember it? Probably not. But you can bet someone knows — that someone being a fraudster. And that...

Quick Reads
No-Password Login Platform Trusona Secures $20M

January 15, 2020
Capitalizing on a major ideological shift within technology firms, online privacy and security company Trusona has raised $20 million, with contributions from Georgian Partners, Microsoft’s M12, Kleiner Perkins, OurCrowd, Seven Peaks Ventures and Akamai. Trusona utilizes popular new technologies other than passwords — including biometrics and more — to provide businesses with an array of […]

Millions Of Americans Could Have Data Leaked Via Exposed Database

April 30, 2019
Security experts have discovered an online, unprotected database that stores the personal data of 80 million American households. Not only does the data on the 24 GB database include people’s...

CFPB Head Faces Privacy Questions From Senate

March 13, 2019
The Consumer Financial Protection Bureau’s privacy practices came under scrutiny Tuesday (March 12) during a U.S. Senate hearing, further proof that issues related to online security and privacy are increasingly...

Amazon Adds Crypto-Based Security Tools

August 31, 2018
Amazon’s AWS is in the process of developing new cryptographic and AI-based security tools, and is now looking for more than 130 engineers with cryptography skills to help build and...