June 21, 2016
Chinese Cyberespionage On The Decline, According To Experts
Today, in genuinely rare reporting, some good news on the cybersecurity front. According to recent reports from FireEye, the U.S. network security company most associated with fending off Chinese hack attacks,...
June 21, 2016
Fed Watchdog To Review Bank Cybersecurity Practices
The Federal Reserve will use the scrutiny of its internal watchdog to find out how the U.S. central bank is policing the cybersecurity practices that are in place at the...
June 21, 2016
SaaS Service GoToMyPC Hacked
GoToMyPC, a remote access software provider that lets users connect to their desktop from a different location, has become the latest victim of a cyberattack. In a statement, the company...
June 21, 2016
Innovators Start Path Their Engines With MasterCard
MasterCard announced today (June 21) the kickoff of the 2016 summer session of its Start Path Global program — a class offering support to the next generation of commerce and...
June 20, 2016
Apple’s Latest Drama With Chinese Regulators
Apple hasn’t quite smoothed out its regulatory issues in China. While CEO Tim Cook has been visiting China recently to smooth issues over, the dispute now between Apple and regulators in...
June 20, 2016
Russian Cybergangs Linked To Massive Bank Heists
The malware used by several cybergangs in Russia and Eastern Europe has been tied back to the string of bank heists that resulted in the Bangladesh cyberheist, where $81 million was...
June 16, 2016
Hacked Servers Sell For $6 On The Dark Web
Kaspersky Lab researchers exposed a massive global underground market selling more than 70,000 hacked servers from government entities, corporations and universities for as little as $6 each. The cybersecurity firm...
June 16, 2016
Rumor Mill: FireEye Has Turned Down Two Buyouts
Cybersecurity firm FireEye may have passed on several takeover proposals earlier this year. People close to the matter told Bloomberg that the company also hired Morgan Stanley to field interest, the media...
June 16, 2016
A Security Lapse Is Just A Bump In The Road...
The interbank messaging firm SWIFT has had a rough few months. Cyberattackers were able to steal $81 million from the Bangladesh central bank by compromising the SWIFT messaging system, forcing the...
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.