PYMNTS-MonitorEdge-May-2024

Security

Computer security, also known as cybersecurity or IT security, refers to the security of computing devices such as computers and smartphones, as well as computer networks such as private and public networks, and the Internet.

Source: en.wikipedia.org

France Suffers Attack on Broadband Services Amid Olympic Games
France Suffers Attack on Broadband Services Amid Olympic Games
July 29, 2024  |  Security & Fraud

Amid a worldwide data breach surge, France is dealing with an older-school type of cyberattack. As Bloomberg News reported Monday (July 29), vandals have cut...

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Doomsday Ready: Costco Aims to Be the Go-To Retailer for Preppers
Doomsday Ready: Costco Aims to Be the Go-To Retailer for Preppers
July 27, 2024  |  Retail

As many consumers look for ways to ease their doomsday anxieties, Costco is positioning itself as the go-to retailer for consumers who are worried about...

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3 Big Ideas From the PYMNTS Visa SMBTV Series
3 Big Ideas From the PYMNTS Visa SMBTV Series
July 26, 2024  |  VISA

In the digital marketplace, the effortless nature of eCommerce transactions masks a complex network of systems designed to ensure a smooth customer experience. While consumers...

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Crisis as Catalyst: What AT&T, CrowdStrike Incidents Say About Recovery Best Practices
Crisis as Catalyst: What AT&T, CrowdStrike Incidents Say About Recovery Best Practices
July 24, 2024  |  Connected Economy

Never let a crisis go to waste, as the adage goes. And when it comes to cybersecurity best practices and procedures, recent digital disruptions —...

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Lakera Raises $20 Million to Provide Security for GenAI Applications
Lakera Raises $20 Million to Provide Security for GenAI Applications
July 24, 2024  |  Investments

Lakera has raised $20 million in a Series A funding round to expand its offerings in the real-time generative artificial intelligence (AI) applications security category....

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Delta Reportedly Facing $500 Million Loss From CrowdStrike Outage
Delta Reportedly Facing $500 Million Loss From CrowdStrike Outage
July 24, 2024  |  Connected Economy

Delta Air Lines is reportedly facing a half-billion dollar hit after last week’s IT outage. The air carrier on Wednesday (July 24) was still recovering from...

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Mastercard Doubles Fraud Detection Rate With Generative AI
Mastercard Doubles Fraud Detection Rate With Generative AI
July 24, 2024  |  Security & Fraud

Mastercard has unveiled a new approach to identify compromised payment cards, leveraging a combination of generative artificial intelligence and graph technology. The company reports that...

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CrowdStrike: Content Update Glitch Caused Worldwide IT Crash
CrowdStrike: Content Update Glitch Caused Worldwide IT Crash
July 24, 2024  |  Connected Economy

CrowdStrike says a glitch in test software led to last week’s massive IT outage. The cybersecurity company released a report Wednesday (July 24), five days after a crash...

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Featurespace and OrboGraph Team to Combat Check Fraud
Featurespace and OrboGraph Team to Combat Check Fraud
July 23, 2024  |  Fraud Prevention

Financial crime prevention firm Featurespace has launched a partnership with fraud detection software maker OrboGraph. The collaboration, announced Tuesday (July 23), is aimed at protecting...

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