Eighty-one percent of consumers believe that data security is “very” or “extremely” important when it comes to sharing personal data online, according to “The Future of Authentication in Financial Services,” a PYMNTS and Entersekt collaboration based on survey responses from 2,719 American consumers. Get the...
Proposed cybersecurity rules from China could make it hard for Western financial companies to operate as their data would be vulnerable to hacking and other risks, according to a industry group, Reuters reported Thursday (June 2). This comes as several Western investment banks and asset...
Digital Main Street and Mastercard will expand their partnership with an eye toward giving more resources to help Canadian businesses fight cybercrime, which has been increasing since the beginning of the pandemic, according to a Mastercard press release Monday (May 16). The expansion will bring...
The European Parliament, the Council of the European Union and the European member states voted to pass two important pieces of legislation that will tighten cybersecurity requirements for firms to reduce the risks of cyber attacks. On Wednesday (May 11), the EU Parliament and the...
Cyberthreats have heightened in the wake of the pandemic and fraudsters getting more sophisticated by the day, creating countless threats and vulnerabilities that require businesses to stay on top of their game to safeguard their data and systems from attackers. Of all the solutions companies...
As election day nears for the Philippines, the country’s biggest bank, BDO Unibank Inc., is asking that the next president ratchet up legislation and enforcement to thwart cybercrime. The presidential and vice presidential elections are scheduled for Monday, May 9 as part of the 2022...
Public safety and enterprise security firm Motorola Solutions launched a cyber threat information sharing and analysis organization (ISAO) focused on public safety-related information and intelligence. Recognized by the Federal Cybersecurity and Infrastructure Security Agency (CISA), Motorola’s Public Safety Threat Alliance is part of the government’s information-sharing initiative...
We’re a long way from the days of the “Nigerian prince” email scams. Go back through the decades, and the fraudsters were able to lure unwitting victims to give up bank details with the promise of “sharing” their fake inheritances. But now, with the dark...
Visa wrote in a blog that digital payments have become more important, with a level of reliability and speed, so the company has taken more of a responsibility to fight fraud and keep transactions secure. The digital adoption has increased in multitudes since the pandemic,...
