November 11, 2015
Experian T-Mobile Breach Sparks Class Action Lawsuits
Credit data company Experian has been slammed by numerous class action lawsuits after the recent breach of its North American servers that affected as many as 15 million T-Mobile customers. While Experian didn’t...
November 10, 2015
Ex-Yahoo CIO Starts Cybersecurity Startup
Cybric, a startup that provides security in the form of continuous delivery fabric geared toward the enterprise, has raised $1.3 million in seed funding, the company said Monday (Nov. 9)....
November 09, 2015
Apple IDs Caught Up In Global Phishing Email Scam
A new global phishing scam is targeting roughly 800 million individuals with Apple IDs, according to a report from the Comodo Antispam Labs. The phishing scam is allegedly attempting to steal Apple...
November 09, 2015
CIA Email Hackers Breach FBI-Run Site
A group of teenagers have managed to infiltrate sensitive government data, grabbing information from marquee agencies and exposing vulnerabilities — yet again. As Nextgov reported Friday (Nov. 6), the group, known...
November 09, 2015
Hackers Knock Swedish Bank Offline
In what could be the result of a distributed denial-of-service (DDoS) attack, the Swedish website of Swedbank was brought down early Friday morning (Nov. 6) by hackers. As Reuters reported,...
November 06, 2015
Security Like The Dickens
There’s never a “good” time for retail security breaches, but it’s harder to think of a worse one for merchants than the holiday shopping season. PYMNTS breaks down some recent...
November 06, 2015
Fewer Chinese Hacks Drive FireEye Earnings Down
The security firm FireEye saw its common stock sink by more than 20 percent on Thursday (Nov. 5) in the wake of missed quarterly results and guidance that disappointed investors....
November 05, 2015
OPM Locks Down New Cybersecurity Advisor
In the wake of the massive data breaches that rocked the U.S. Office of Personnel Management (OPM) earlier this year, the agency appointed a new cyber and information technology advisor...
November 05, 2015
Financial Watchdogs Warn Of Hacker Extortion
After noticing an increased “frequency and severity” in the number of hackers attempting to extort financial institutions, U.S. financial regulators have put out a serious warning to banks and credit...
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.