Search results for "data breach"

October 27, 2024
Santander and HSBC Join Government Warnings on QR Code-Based Cyberattacks

First came phishing. Now, consumers and cyberdefenders need to guard against “quishing.” As the Financial Times (FT) reported Sunday (Oct. 27), banks and regulators are warning against the rise of...


October 27, 2024
Pork Industry Giants Cite DOJ Letter to Bolster Defense Against...

Major pork producers, including Hormel, JBS, and Tyson, have invoked a recent statement from the U.S. Department of Justice (DOJ) to support their defense in an ongoing antitrust lawsuit. The...


October 27, 2024
EU Fines Czech, Austrian Rail Operators €48.7M for Market Collusion

The European Commission has levied fines totaling €48.7 million ($52.6 million) against Czech rail operator České dráhy (ČD) and Austrian rail operator Österreichische Bundesbahnen (ÖBB), alleging violations of European Union...


October 25, 2024
Making Sense of Quantum Data Defense in the Payments Space

For firms in security-critical areas like financial services and payments, it’s time to pay attention to cybersecurity. A data breach in these industries doesn’t just mean a lost paycheck; it...


October 25, 2024
Thredd’s McCarthy Voices Concern About Embedded Finance ‘Moving Backwards’

There’s no shortage of analysis of the various use cases where payments, credit and other offerings can be delivered outside the realm of traditional financial services. But maybe what’s needed...


October 24, 2024
Microsoft’s LinkedIn Fined €310 Million by EU Regulator Over Advertising...

The European Union’s leading privacy watchdog has imposed a hefty €310 million ($335 million) fine on Microsoft’s professional networking platform LinkedIn for violations related to its targeted advertising practices. This...


October 23, 2024
Ingo Payments and Sardine Team to Combat ‘Gone in Five...

Fear can be a powerful motivator, especially where payments fraud is concerned. While financial institutions have a healthy fear of high-profile fraud vectors like business email compromise and authorized push...


October 22, 2024
Lawmakers Call for DOJ Action Against Tax Prep Firms Over...

A coalition of Democratic lawmakers is intensifying pressure on the Justice Department (DOJ) to pursue legal action against tax preparation companies accused of improperly sharing sensitive user information with major...


October 21, 2024
FTC’s Landmark Rule Banning Fake Reviews Now in Force

The Federal Trade Commission’s (FTC) long-awaited rule prohibiting fake online reviews and testimonials officially takes effect today. The regulation, known as the Trade Regulation Rule on the Use of Consumer...


Authenticated Payments Report

Cryptocurrency exchanges are grappling with the EU’s PSD2 as they look to craft seamless experiences for their global customer bases. In the “Authenticated Payments Report,” a PYMNTS and LoginID collaboration, Marcus Hughes, of crypto exchange Coinbase, explains how platforms must build authentication measures that satisfy consumers and evolving regulations.