PYMNTS-MonitorEdge-May-2024

Cyber crime

Third-Party Vendors Emerge as Data Security Threat
Third-Party Vendors Emerge as Data Security Threat
April 15, 2024  |  Security & Fraud

In today’s digitized operating environment, a business is only as good as its cyber defenses. And with Change Healthcare reportedly facing a new ransomware attack following...

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Ex-FBI On The Onion Approach To Battling Cyber Criminals
Ex-FBI On The Onion Approach To Battling Cyber Criminals
April 05, 2019  |  Security & Fraud

When it comes to combating payments fraud, it helps to have insight from one who’s been in the trenches. Stacy Arruda, a former special agent...

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FBI Cyber Head Reinforces Need For Action On Corporate Security
FBI Cyber Head Reinforces Need For Action On Corporate Security
February 01, 2018  |  B2B Payments

Small and medium-sized business (SMB) cybersecurity must be paramount for both the small businesses themselves and the Federal Bureau of Investigation (FBI), the latter’s Deputy Assistant...

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Cyber Fraud Hits All-Time High
Cyber Fraud Hits All-Time High
January 22, 2018  |  Security & Fraud

World-wide, corporate fraud has hit an all-time high and pushed fraud numbers up with it.  For the first time on record, data theft has now...

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Financial Firms Turn To Insurance For Operational Risks
Financial Firms Turn To Insurance For Operational Risks
August 31, 2017  |  Security & Fraud

Cyber crime, cyber attacks and rogue traders have cost banks around the globe a lot of money, and they are increasingly turning to insurance firms to counter...

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New Law Will Force UK Clearing Houses To Complete Regular Cybersecurity Reports
New Law Will Force UK Clearing Houses To Complete Regular Cybersecurity Reports
August 25, 2017  |  International

Legislation expected to be introduced in May 2018 will require U.K. clearing houses to complete regular cybersecurity reports, moving regulation closer to current EU directives...

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For Cybersecurity, Independent Contractors Should Think Like Big Businesses
For Cybersecurity, Independent Contractors Should Think Like Big Businesses
August 25, 2017  |  B2B Payments

The cyber insurance market is expected to grow, by a lot. Researchers at PricewaterhouseCoopers predicted in 2015 that the market would hit $7.5 billion in...

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Don’t Bite The Phish Hook
Don’t Bite The Phish Hook
August 23, 2017  |  Security & Fraud

You there, corporate decision-maker. Are you ready to respond to a cyber threat? How confident do you feel in your ability to handle and mitigate...

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IRS Warns Of Big Uptick In W2 Email Phishing Scams
IRS Warns Of Big Uptick In W2 Email Phishing Scams
August 22, 2017  |  Security & Fraud

The Internal Revenue Service (IRS) is warning about a cyber crime increase in the number of email phishing scams aimed at gathering information from employees’...

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