February 10, 2015
Phishing Scams Flood Anthem Data Breach
It didn’t take long for the phishers and fraudsters to join in on the Anthem health insurance providers’ data breach woes that began last week. The story started when the...
February 09, 2015
Major Cyber Attacks Crippling Private Insurance Firms
Just hours after Anthem, the second-largest U.S. health insurer, announced it had suffered a massive security breach, the largest Lloyd’s of London insurer said cyber attacks are now too big...
February 07, 2015
Why Payments Players Should Be Worried About The Anthem Breach
American poet Taylor Swift noted in her classic work “Shake It Off “The haters gonna hate (hate, hate, hate, hate), and the players gonna play (play, play, play, play).” However, if...
February 02, 2015
US Business Groups to China: Delay New Cybersecurity Rules
United States business groups are calling upon China to postpone the implementation of new regulations that some are saying could be a “backdoor” for espionage and hacking by the Chinese...
January 30, 2015
US Can Boost Cybersecurity Law with EMV & Dynamic CVV
The Personal Data Notification & Protection Act, unveiled earlier this month to the Federal Trade Commission, would set a national standard for how companies respond to cybersecurity breaches. But it...
January 30, 2015
Industry Experts, Card Issuers Push Congress on Cyber Info Sharing...
In an effort to prevent future data breaches on the scale seen over the last few years, cyber-security experts, along with card issuers like MasterCard and American Express, have gone...
January 28, 2015
Lawmakers Are Optimistic About Finally Passing A Data Breach Law
Congressional lawmakers from both parties said they were optimistic that they can pass federal data-breach notification legislation after a hearing on Tuesday (Jam. 27), The Hill reported. “I do sincerely...
January 23, 2015
PCI Chief Calls 2015 ‘Defining Year for Data Security’
Galvanized by President Barack Obama’s comments on cyberattacks in this week’s State of the Union address, PCI Security Standards Council general manager Stephen W. Orfei has declared 2015 to be...
January 23, 2015
Ready for ‘Orange is the New Black,’ Bitcoin Edition Episode...
Bitcoin Tracker | Week 57 This week marked a big week of arrests and week two of the Silk Road trial — the case of the bitcoin online black marketplace...
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.