August 12, 2016
In Wake Of Oracle Hack, Five More Companies Hacked
First, it was Oracle Corp. and its MICROS customers that were getting hacked, and now, it appears more cash register vendors are falling victim to hacks that were allegedly conducted by...
August 11, 2016
FDIC Steps Up Its Security Efforts
The Federal Deposit Insurance Corporation (FDIC) is taking a new approach to cybersecurity. The banking regulator announced on Tuesday (Aug. 9) that it plans to take on a slew of...
August 10, 2016
The Biggest Banks In The US Team Up To Take...
In something of a Team of Rivals move – the biggest baks in the United States are teaming up to take on the ever-increasing population of cybercriminals trying to hack...
August 10, 2016
Australia’s New Cyber Unit To Sniff Out Terrorism Payments
In order to combat rising threats to its national security, Australian government officials announced the launch of a cyberintelligence unit tasked with identifying financing, money laundering and online financial fraud...
August 10, 2016
Companies Know They Have Been Hacked But Only Half Do...
Computer hacks of corporate systems are on the rise, and while KPMG found 80 percent of organizations have confirmed their systems have been hacked, only half spend the money and time...
August 10, 2016
Health Care Companies Data At Risk Of Being Compromised
Health care companies hold the keys to a lot of sensitive consumer data, and a hack of that data could open up a can of worms. That could be the...
August 10, 2016
Will Rio Take The Gold In Tech Innovation?
Let’s face it — hosting a global sporting event as big and notable as the Olympics can’t be easy, especially for a country already dealing with a lot of its...
August 09, 2016
Oracle Systems Hacked Via MICROS Online Support Portal
Oracle Corp. has fallen victim to a computer hack that spans hundred of systems and was allegedly conducted by a Russian organized cybercrime group. According to Krebs on Security, hackers...
August 09, 2016
Hackers Target Rio Visitors Via Fake Wi-Fi Hotspots
While those in Rio De Janeiro will have their eyes on this year’s summer Olympics, experts warn that hackers have their sights set on taking advantage of the Olympic organization,...
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.