August 08, 2016
Bitfinex Announces 36 Percent Loss For Hacked Customers
In the wake of disruption by hackers last week that caused Hong Kong-based bitcoin exchange Bitfinex to lose $72 million, the firm said customers would lose 36 percent of assets held...
August 08, 2016
Password Hacks Push Big Changes On Big Tech
It has been a rough few months for high profile social media accounts – Mark Zuckerberg has been hacked, as has Google CEO Sundar Pichai and Twitter CEO Jack Dorsey. All...
August 08, 2016
Security Firm Hired To Rid Pokémon From The Map
Not everyone is being swept up in the Pokémon GO craze. Cybersecurity firm LookingGlass has been hired by power utility companies in Florida to get Pokémon off the map. According to a...
August 05, 2016
PYMNTS Daily Data Dive: A Peek Inside FireEye’s Q2 Performance...
At a time when hacking is on the increase, the recent Bitfinex hack a case in point, the cybersecurity industry should be thriving. But that has not been the case...
August 05, 2016
India’s Newest Economic Reforms Make Global Headlines
For a few years now, India has occupied a special, growth-centric place in Western retailers’ hearts. However, India also has its own economy to worry about, and a new reform...
August 05, 2016
DARPA Contest Aims To Create Connected Computers To Fight Hackers
The Internet of Things is coming, which means there is going to be an exponential increase in the number of hacks as more devices talk to each other. Aiming to...
August 05, 2016
FireEye’s Weak 2016 Performance Necessitates Big Layoffs
FireEye – a leading cybersecurity firm – has announced the planned layoff of 300-400 members of its 3,400 member workforce owing to falling demand for their services. Shares in the...
August 04, 2016
WatchPoint Aims to Stop Ransomware In Its Tracks
When it comes to ransomware, the bad guys don’t discriminate, which means companies of all shapes and sizes could fall victim to the scam that holds their data hostage. Aiming...
August 02, 2016
Why ‘Virtually Any Person’ Can Fall Victim To Malicious Links
Though it seems like an easy thing to avoid, not clicking on bad links sent by cybercriminals may be harder than you think. According to security researchers, human factors can...
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.