While there is no shortage of new things in the world to get used to these days, cybercrime and fraud are, unfortunately, not among them. Long before we started using the terms “social distancing” or “flattening the curve,” cybercriminals were spinning up bot armies, hijacking consumer...
Small businesses are hurting, which has been reflected in record unemployment numbers, the near-total shutdown of mainstream businesses and in PYMNTS data revealing that as of about two weeks ago, a quarter of small businesses didn’t think they would survive the coronavirus pandemic at all....
Italian bank Monte dei Paschi was the victim of a hacking attempt, according to a notice seen by reporters recently, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Travelex, the foreign exchange company that was crippled by hackers on New Year’s Eve, reportedly paid a $2.3 million ransom to get their systems back online, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The 2020 Summer Olympics, which were to take place in Tokyo, have been rescheduled for 2021 as the spread of the coronavirus leaps over international borders and outruns human efforts to contain it. Get the Full Story Complete the form to unlock this article and...
An “internet food court” website seemingly associated with Uber Co-Founder Travis Kalanick‘s ghost kitchens business appears to have vanished, with representatives saying someone else had gone forward with the idea without authorization, according to the Financial Times. Get the Full Story Complete the form to...
“We cannot outright predict a pandemic any more than we can predict a data breach or an account takeover,” DataVisor CEO and Co-Founder Yinglian Xie recently told PYMNTS. “What we can do, however, is empower organizations to proactively spot burgeoning crises early and take decisive...
An internal investigation is underway by the board of directors of Luckin Coffee Inc. into its former COO who may have inflated estimated revenues by more than $300 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The goal for any security platform aiming to enable digital commerce is as simple in concept as it is incredibly difficult to execute: Give the good customers a great experience, and give the bad guys pretending to be good customers a rough ride. Get the...
