December 02, 2014
US: Ex-DOJ, FCC official joins Akin Gump
A former Department of Justice antitrust and Federal Communications Commission cybersecurity official has reportedly joined Akin Gump. David Turetsky is set to join the law firm as partner in its...
November 26, 2014
Holiday Security Risks Aren’t The Ones You Expect
The holiday sales season and the online crush that accompanies it might seem a natural field day for cyberthieves hoping to attack retailers — but according to an IBM analysis,...
November 19, 2014
More Data Breaches Expected This Holiday Season
Retailers are still trying to regain their footing from last year’s massive data breaches. But as stores like Target and Neiman Marcus finally stabilize for the holidays, experts say ‘tis...
October 29, 2014
FDIC Focused On Nonbanks
The FDIC is keeping a close eye on nonbank financial companies, including technology startups, and how they’re affecting banks, American Banker reported. FDIC Chairman Martin Gruenberg told an audience at...
October 28, 2014
Banks Demand Better Cybersecurity From Their Lawyers
Given the breadth and depth of the data breach of 2014, it should come as no surprise that the nation’s big banks are feelings cautious bordering on paranoid about their...
October 22, 2014
Chase Aftermath Boosts Bank Defenses
As the industry tries and reacts to the massive cyber attack inflicted on JPMorgan Chase, federal and state authorities are pushing banks and brokerage firms to close some gaping holes...
October 21, 2014
ABA Wants Team-Up To Tackle Security Issues With Retailers
The incoming chairman of the American Bankers Association says one of his top priorities will be working with retailers to secure the payments system, American Banker reported. John Ikard, who...
October 21, 2014
Feds Figure Out Who Did Not Attack Chase
At a briefing from the FBI and the U.S. Secret Service, authorities say that they no longer suspect the Russian government of playing any role in the August cyber attacks...
October 13, 2014
StartUp Raises $3.5 Million To Fight Cyber Attacks
Cybersecurity startup Zenedge is emerging from two years of “stealth” mode with funding and expansion plans. Zenedge specializes in detecting DDoS attacks, SQL injections of malicious code commands and other cyber attacks...
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.