Director of National Intelligence Avril Haines told Congress Thursday (May 2) that there has been an alarming increase in cyberattacks worldwide. Haines highlighted the growing threat of ransomware attacks, which saw a 74% rise in 2023, CNBC reported Thursday. Speaking at a Senate Armed Services Committee hearing on global...
In the new PYMNTS eBook, “The Implications of Uncertainty,” Thredd Chief Administrative Officer Oliver Dean explores how data analytics and AI have transformed the card payments industry. Continued uncertainty in the market and our geopolitical landscape is one of the few things that we...
As luminaries from academia, government and business prepare to gather in South Korea May 21-22 for the second AI Safety Summit, Google’s attendance is drawing attention. The advanced AI research group Google DeepMind expressed support for the summit but did not verify whether it would attend, Reuters reported....
In a bid to safeguard the nation’s vital infrastructure, the federal government is now offering a playbook to help companies navigate the treacherous landscape of cybersecurity, including the brewing dangers lurking in artificial intelligence. The recommendations, issued by the Cybersecurity and Infrastructure Security Agency, highlight the need for...
May 02, 2024
In the new PYMNTS eBook, “The Implications of Uncertainty,” Thredd Chief Administrative Officer Oliver Dean explores how data analytics and AI have transformed the card payments industry. Continued uncertainty in the market and our geopolitical landscape is one of the few things that we can be certain of. How businesses navigate turbulence and start […]
April 24, 2024
Long-term success frequently results from businesses being agile, and prepared, in the short-term. That’s why it is so heartening, Shaunt Sarkissian, founder and CEO of AI-ID, told PYMNTS for “What’s Next in...
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...
April 19, 2024
The looming specter of wire fraud has spurred lawmakers to press big banks for better defenses against bad actors — and a detailing of the impact the scams have had on consumers....
May 02, 2024
Director of National Intelligence Avril Haines told Congress Thursday (May 2) that there has been an alarming increase in cyberattacks worldwide. Haines highlighted the growing threat of ransomware attacks, which saw a 74% rise in 2023, CNBC reported Thursday. Speaking at a Senate Armed Services Committee hearing on global threats, Haines emphasized the disruptive impact that has been seen in cyberattacks […]
April 29, 2024
UnitedHealth Group CEO Andrew Witty will testify before two Congressional committees Wednesday (May 1), addressing the cyberattack that hit the company’s Change Healthcare unit. The Senate hearing is titled “Hacking America’s Health Care: Assessing the...
April 18, 2024
Change Healthcare’s troubles are apparently not over. The company, which is owned by UnitedHealth, said Thursday (April 18) it had fixed an issue that had hindered medical claims processing for some...
April 16, 2024
The recent cyberattack on UnitedHealth Group’s Change Healthcare unit cost the company $872 million. Speaking during an earnings call Tuesday (April 16), CEO Andrew Witty said a bulk of that figure — around $595 million...
