PYMNTS

FEBRUARY 6, 2019

Reuters , citing cybersecurity researchers, reported that the attack was part of a global hacking campaign initiated by the Ministry of State Security in China aimed at stealing intellectual property and corporate secrets.

Software 123

Software Company Cyber Security Security 123

PYMNTS

NOVEMBER 30, 2020

While the business email compromise (BEC) scam is a global pain point for businesses, this week's B2B Data Digest looks at the latest figures in B2B payments fraud and finds BEC heating up in one particular region: Australia and New Zealand. In total, about $104.5 million erroneous payment resulting from a BEC scam.

Fraud 177

Fraud Cyber Security Data Software 177

PYMNTS

JANUARY 9, 2020

The hacker gang Sodinokibi , also known as REvil, reportedly demanded $6 million in return for encrypted customer data. Travelex said it had contained the ransomware and investigations show that customer data was not compromised. “We But you will lose your time and your data, cause just we have the private key.

Cyber Security 131

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PYMNTS

JULY 22, 2020

Thus, MAS will “harmonise and expand its existing powers to impose requirements pertaining to technology risk management, including cyber security risks and data protection, on all regulated financial institutions,” according to the release.

Regulation 140

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PYMNTS

JANUARY 29, 2018

finds companies are unprepared for the upcoming General Data Protection Regulation (GDPR). For the businesses that are aware, a bit more than a quarter said they’ve made changes to their operations in order to comply with the new rules aimed at data privacy and security. A new report released in the U.K.

Cyber Security 112

Cyber Security Survey Regulation Security 112

PYMNTS

FEBRUARY 5, 2020

The company said that no personal data was compromised in the cyberattack. . “We We’ll continue to provide updates as we securely bring our systems back online.”. There continues to be no indication that any personal data has been lost as a result of the ransomware attack on our It systems. On Wednesday (Feb.

Cyber Security 131

Cyber Security System Security Community 131

PYMNTS

FEBRUARY 24, 2020

Financial institutions (FIs) and merchants from other regions have been dipping their toes into the Chinese market, but open banking has compounded the difficulty involved in setting up operations. as they upgrade their online data and financial rules to support global digital banking innovations. in 2019.

Regulation 160

Regulation Policies Data Compliance 160

PYMNTS

SEPTEMBER 30, 2016

On Thursday, October 13th at 1:00 PM (EST) , MPD CEO Karen Webster will be joined by Michael Reitblat, CEO of Forter , for a live digital discussion where they will dive into the data from the Q3 2016 Global Fraud Attack Index. DIGITAL DISCUSSION PRESENTER. Michael Reitblat. Co-founder and CEO of Forter.

Fraud 100

Fraud Data Cyber Security Study 100

PYMNTS

SEPTEMBER 17, 2018

He and an accomplice operated from Nigeria, targeting the U.S., In terms of data illuminating larger trends, the National Cyber Security Alliance found that roughly 50 percent of smaller firms have been victim of a cyberattack. As many as 70 percent of attacks set their sights on small businesses, said the data.

Idaho 153

Idaho Missouri Cyber Security Fraud 153

PYMNTS

NOVEMBER 23, 2017

Ride-hailing app company Uber, which made news when it covered up a huge data breach that exposed roughly 600,000 driver’s license numbers, could face investigations by regulators around the globe. Australia and the Philippines are launching inquiries into how Uber handled the data breach. 22), regulators in the U.K., s capital.

Regulation 100

Regulation Cyber Security Connecticut Illinois 100

Perficient

APRIL 2, 2021

It involves using software to analyze both structured and unstructured data (i.e., email, text, audio data), with the aim of identifying fraud or anomalous transactions. AI technologies, such as voice recognition and natural language processing (NLP), are being used to improve customer experience and to gain operational efficiencies.

Regulation 309

Regulation Industry Risk Management Analysis 309

PYMNTS

JUNE 15, 2017

Security isn’t just about catching the bad guys as they run away with store merchandise. And as part of a network, they can be a key piece in the preventative puzzle, triggering other elements of the security suite to activate. All of those data points can be used to improve the customer experience for the good guys.

Fraud 101

Fraud Security Video Retail 101

FICO

MAY 2, 2019

Fraud and data breaches have always had a close, if destructive, relationship. Five years later, data breaches and downstream fraud continue their symbiotic relationship, with a steady increase in synthetic identity fraud. Today’s Data Breach Is Tomorrow's Fraud.

Fraud 70

Fraud Data Cyber Security Risk Management 70

Payments Source

OCTOBER 17, 2018

Stripe’s expanding global profile has come with a growing security risk operation, which will now be overseen by former Google security expert Niels Provos.

Google 63

Google Security Operations Cyber Security 63

Cisco

APRIL 7, 2019

How can firms provide rich customer experiences in an ever-changing environment without sacrificing security along the way? Cyber security is more than just “top of mind.” All 30 had at least one known security risk identified, and 25% included at least one “high risk security flaw.”. Visited a local retail branch?

Trends 64

Trends Cyber Security Big Data Analytics 64

Payments Source

AUGUST 22, 2018

Account takeover (ATO) fraud currently drives the largest fraud losses at North American financial institutions within digital channels, according to a new report from Aite Group and Early Warning, the bank organization that operates the Zelle payment network brand.

Fraud 92

Fraud Data Mobile Payments 92

Cisco

MARCH 3, 2021

Financial Services institutions have experienced unforeseen challenges and significant disruption during the Pandemic and beyond, but also unprecedented opportunities to accelerate growth and digitize business operations to enhance employee productivity, customer experience, and innovation. Now they ARE the business.

Strategy 77

Strategy Cyber Security Survey Security 77

PYMNTS

MAY 15, 2017

National Security Agency, and Friday’s tally comes to more than 126,000 cases of infection. In China, individual users utilizing their Windows operating systems were impacted. The NHS has experienced a major cyber-attack, we are working with law enforcement and our advice will follow shortly!” Hospitals shut down in Europe.

Cyber Security 101

Cyber Security National Security System 101

PYMNTS

MAY 15, 2018

Reports on Monday (May 14) said the companies will launch Wiise in July, owned by KPMG and operated through a joint deal between Microsoft and CBA. Microsoft is also integrating its artificial intelligence, voice recognition and cyber security capabilities into the solution. ”

Cyber Security 104

Cyber Security Marketing Operations Management 104

Cisco

APRIL 7, 2019

How can firms provide rich customer experiences in an ever-changing environment without sacrificing security along the way? Cyber security is more than just “top of mind.” All 30 had at least one known security risk identified, and 25% included at least one “high risk security flaw.”. Visited a local retail branch?

Trends 48

Trends Cyber Security Big Data Analytics 48

Abrigo

OCTOBER 31, 2014

Startpage Web Search redirects your searches to Google, but only after scrubbing your identifying data to prevent it from being tracked. This secures your data and disguises your location. Use a Known Good Computer, or Live CD, such as the Air Force’s Lightweight Portable Security. Use a Virtual Private Network.

Online 199

Online South Carolina Google Cyber Security 199

Insights on Business

MARCH 5, 2019

In addition, protecting your sensitive data and preventing information leakage is becoming more and more challenging. Cyber security is no longer just a problem for the IT department, it is a business risk that affects your entire organization. . New York City. 5:00 – 8:00 PM.

New York City 70

New York City Cyber Security New York Risk Management 70

PYMNTS

DECEMBER 20, 2017

The company announced this week that it deployed a “blockchain-inspired” technology to manage collateral in its ledger and facilitate the sending of cash and securities. That data includes company names, share counts and corporate activity like mergers and acquisitions (M&A), reports said.

blockchain 135

blockchain Cyber Security Groups Regulation 135

Ublocal

MARCH 10, 2023

With tax season in full flow, stay safe and spring clean your physical and digital data, strengthen your passwords and keep cybercriminals at bay. Review Your Passwords Without strong passwords on your accounts, any other security measures you take will be less effective. Always verify who a message is from before opening anything.

social media 52

social media Security New Hampshire Data 52

FICO

SEPTEMBER 18, 2020

Chartis highlights two distinct areas of focus for these solutions – ‘GRC for Cyber’, that focuses on compliance and governance, helping organizations understand their own cyber risk and how to navigate their cybersecurity frameworks. FICO is currently offering a free trial of the FICO® Cyber Risk Score - Landscape edition in EMEA.

Cyber Security 52

Cyber Security Risk Management Analytics Data 52

Insights on Business

FEBRUARY 21, 2019

Digitally transforming operations, operating models and technologies to compete in a changing industry structure. Optimizing risk, compliance and security. Too often cloud adoption can just happen, and security teams are asked reactively to make it secure and compliant.

Innovation 79

Innovation Seattle blockchain Customer Experience 79

Celent Banking

OCTOBER 12, 2016

Most cyberattacks succeed because of weaknesses in people, processes, controls and operations. This is the definition of operational risk. Therefore, it makes sense to tackle cyber risk with the same tools you use to manage operational risk.

Risk Management 100

Risk Management Operations Management Security 100

Insights on Business

MAY 18, 2018

The world’s data is doubling every 12 months. And financial transactions are among a fast-growing subsection of data types. It’s a model where we gather data, convert it into knowledge, create real-time insights from that knowledge and turn those insights into better decisions, actions and, ultimately, outcomes. Efficiency.

Operations 93

Operations Security Cyber Security Customer Experience 93

PYMNTS

JUNE 8, 2018

based Immersive Labs for its cyber security war games demonstrates the enduring appeal of that adage. However, what Goldman Sachs is doing represents a different level of preparedness for hacking attacks, data breaches and similar digital threats — though one that carries its own risks.

Exercises 151

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Accenture

MARCH 20, 2017

For example, customers’ biggest driver of loyalty now is their willingness to trust banks to protect their personal data. The survey also showed a paradox around attitudes to branches.

Marketing 150

Marketing Cyber Security Study Meeting 150

Accenture

MARCH 20, 2017

For example, customers’ biggest driver of loyalty now is their willingness to trust banks to protect their personal data. The survey also showed a paradox around attitudes to branches.

Marketing 150

Marketing Cyber Security Study Meeting 150

FICO

DECEMBER 16, 2019

Fraud teams operate with lean structures. However, new job roles that are being created sit within digital areas such as IoT, online digital security and cyber security, suggesting that some preparation is happening for identifying and addressing new risks.

Survey 52

Survey Fraud Cyber Security Compliance 52

FICO

DECEMBER 1, 2022

But the reality is, Generative AI isn’t a new technology; my data science organization at FICO has been using it for several years in a practical way to generate synthetic data , and to do scenario testing as part of a robust AI model development process. Proper model package definition will improve the operational benefits of AI.

Analytics 98

Analytics Phoenix San Diego Tools 98

PYMNTS

MAY 9, 2016

The data show that since the October 2015 EMV liability shift, United States fraud attacks have jumped by 11 percent. The two will dive into the data surrounding EMV’s significant effect on fraud in the United States. Some of the topics we’ll cover include: . – More and more fraudsters are utilizing botnets.

Fraud 100

Fraud Online United States Cyber Security 100

FICO

JUNE 9, 2022

I’m proud of the innovation FICO’s data science organization continues to infuse into our solutions, and am excited to blog about the two new AML Scores. Because supervised models depend critically on the quality of outcome data, this diminishes the value of these models due to data quality issues on correct identification of SARs.

Analytics 52

Analytics San Diego Cyber Security Data 52

FICO

APRIL 7, 2016

For those of you who aren’t familiar, The Institute for Operations Research and the Management Sciences (INFORMS) is the largest society in the world for professionals in the field of operations research (O.R.), management science, and analytics. Click here to register (no cost to attend).

Analytics 40

Analytics Cyber Security Conference Fraud 40

FICO

JANUARY 30, 2017

I talked about using the FICO fraud data consortium to determine when data shifts can invalidate the models and, more menacing, when these shifts reveal subtle new fraud patterns that can indicate the work of fraudsters and cyber criminals, who know how to go “low and slow” to evade detection.

Analytics 40

Analytics San Francisco Cyber Security Fraud 40