Cyberattacks targeting retailers have more than doubled in the last year, leading merchants to invest in AI and machine learning to protect customer data. While they can be powerful weapons, Shamoun Siddiqui, Neiman Marcus’ VP and chief information security officer, says merchants need to do...
For retailers, the holiday season is both a busy and profitable time, but it’s also when cybercriminals seize the opportunity and target those increased retail revenues. In the latest Omni Security And Authentication Report™, PYMNTS explored the different tactics cybercriminals are deploying this holiday season,...
As fraudsters continue to chip away at profits and threaten firms’ financial stability, security providers and banks alike are investing in solutions compliant with 3D Secure 2.0 protocols, designed protect both consumers and the companies serving them.
Nick Shevelyov, chief security officer at Silicon Valley Bank, says FIs can no longer expect, or hope, to stop every incoming cyberattack — and using AI and ML to identify threats isn’t the 100-percent fix. In the latest Omni Security and Authentication Report, Shevelyov tells...
September 12, 2018
Seamless movement across connected and mobile devices, from checking a bank account balance on a smartwatch to shopping via a social platform, creates simplified and convenient experiences that customers crave. But conducting business on connected devices is also creating new security gaps for fraudsters and other bad actors to exploit, wreaking havoc on customers and […]
