May 01, 2017
Hackers Leveraged SWIFT Gaps To Pull Off Heists
Hackers took advantage of gaps in cybersecurity coverage at the periphery of the Society for Worldwide Interbank Financial Telecommunication’s (SWIFT) network — which enables cross-border banking transactions worth trillions for some...
May 01, 2017
Netflix Show Leaked, Other Studios’ Content Up For Ransom
Even as Netflix and other media companies invest internally in the latest cybersecurity, services at outside entities remain at risk. A hacker claiming to hold a number of unreleased television...
May 01, 2017
Why Banks — And Corporates — Still Feel The Heat...
It’s been more than a year since Bangladesh’s central bank was attacked by cybercriminals that took away $81 million by infiltrating the bank’s connection to the SWIFT network. Since then,...
April 30, 2017
US: Microsoft hires Ex-FTC Commissioner for cybersecurity
Microsoft has tapped a former US Federal Trade Commission member to lead its policy efforts on privacy and data protection. Julie Brill was appointed by former President Barack Obama to...
April 28, 2017
Ransomware, Cyberespionage On The Rise Finds Verizon
Ransomware incidents have risen 50 percent over the last year according to Verizon, who just recently released the 2017 edition of their Data Breach Investigations Report detailing the latest trends...
April 28, 2017
Today In Data: Most Willing To Pay Ransomware
In terms of the country most willing to pay ransomware money, the United States came out on top. It’s not only the most willing payee, but it’s also the most...
April 28, 2017
IEEE Pushes Digital Identity Standard
IEEE, the world’s largest technical professional organization dedicated to advancing technology for humanity, announced in a press release the launch of a new IEEE Standards Association (IEEE-SA) Industry Connections program: Digital Inclusion through Trust...
April 28, 2017
Hacker Tracker: U.S. Most Willing To Pay On Ransomware
The U.S. was the number one target for ransomware last year. Its end users were also the most willing to pay. This according to the latest volume of the Internet...
April 27, 2017
Hacker Is Able To Create Worm To Sniff Out, Infect...
A hacker that goes by the name The Janitor has reportedly created several versions of BrickerBot, a program that seeks out and bricks insecure Internet of Thing (IoT) devices. According...
Digital bill pay, while routine for most consumers, poses challenges such as fraud, friction and limited payment options — particularly in the utilities sector, where consumer trust is low. This edition of the “Money Mobility Tracker®,” a collaboration with Ingo Payments, examines how billers and financial institutions can earn trust among consumers.
There’s no shame in asking for help. Eighty-two percent of merchants experienced a cyber or data breach in the last year, and PYMNTS Intelligence’s latest study of 300 eCommerce executives, “Fraud Management in Online Transactions,” a collaboration with Nuvei, details merchants’ thoughts about fraud prevention, finding that outsourced methods correlate with fewer failed payments.