August 17, 2015
FBI Breaks Cybercrime Barriers With Private Partnerships
When you think of the city making the most strides in the fight against cybercriminals, Pittsburgh, Pennsylvania, may not be the first place that comes to mind. But the city...
August 14, 2015
Bitcoin’s ‘Criminal Contracts’ And The Batman Effect
Bitcoin has inspired yet another technology that has some in the investor world worried that it will be used for the one thing bitcoin is commonly associated with: criminal activity....
August 13, 2015
Cybersecurity Startup May Lock Down $2.5B Valuation
Tanium, a California-based endpoint security and systems management company is looking to raise a big new funding round at a valuation of at least $2.5 billion.
August 12, 2015
Hackers Breach Discount eTailer
Fred’s Inc., which operates over 650 discount merchandise stores, disclosed on Monday (August 10) that there was unauthorized access to two of its servers on which payment card data is...
August 11, 2015
Will Data Sharing Stop Data Breaches?
When MPD CEO Karen Webster kicked off Retail Reinvention 2015 last week (Aug. 4-5), she reminded the room of industry innovators from across the retail, payment and commerce landscape they had a front row...
August 10, 2015
China-Linked Hackers Allegedly Hit Travel Sector
Cyberattacks are hitting the nation’s air-travel system and sources close to the investigation of the attacks confirmed a group of Chinese hackers are the main suspects.
August 10, 2015
EU Cybersecurity Law Cracks Down On Internet Giants
New EU cybersecurity regulations may force Internet giants to tighten up their security protocols in order to keep authorities in the loop about breaches, Reuters reported. Reuters reported that it...
August 06, 2015
For B2B Invoice Scammers, Business Is Booming
Fears of a cyberattack are becoming an increasingly prominent reason given by businesses – especially SMEs – as to why they have not yet implemented cloud-based, automated and electronic systems...
August 06, 2015
China’s Answer To Fraud: Cybercops
The Chinese government is planning to step up its national cybersecurity by setting up police units at the major Internet companies to avert fraud, crimes and rumors, the state-run Xinhua...
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.