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

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 attacks should serve as a “wake up call,” against keeping such data in the hands of governments at the expense, possibly, of civilian cyber safety.

Cyber Security 101

Cyber Security National Security System 101

PYMNTS

DECEMBER 20, 2017

As more businesses join collaborative groups and invest in internal research and development (R&D) to explore using blockchain for new services, some firms have begun to use the technology themselves. This week, news from Citigroup, UPS and Vanguard signal interest in using the distributed ledger technology in the back office.

blockchain 135

blockchain Cyber Security Groups Regulation 135

Perficient

APRIL 2, 2021

The agencies collectively announced a request for information (RFI) to gain input from stakeholders including financial institutions, trade associations, and consumer groups. 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

Jack Henry

APRIL 30, 2014

One such attack by the group Unlimited Operations was able to net over $40 million. Distributed Denial-of-Service (DDoS) Cyber-Attacks and Risk Mitigation. The FDIC encourages subscribing to these various groups to ensure that you receive regular security alerts, tips, and other updates.

Fraud 88

Fraud Cyber Security ATM FDIC 88

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

FICO

APRIL 12, 2017

A second comparison is done by grouping customers or devices into similar clusters, and then analyzing how much the behaviors of individuals deviate from their associated groups. Power at scale: Enhancing fraud, compliance and cyber security defenses . Behavioral analytics are a mature technology in fraud prevention.

Analytics 49

Analytics Fraud Compliance Comparison 49

PYMNTS

JULY 15, 2016

“These rules simply target that unbanked or underbanked group,” Fauss notes. “It frankly insults the intelligence of this group of consumers. Who Uses Prepaid Anyway? Fauss notes that is not a regulatory hurdle regular DDA accounts must clear.

Cards 100

Cards Millennials Regulation Cyber Security 100

NCR

MAY 3, 2016

But as attacks continue to become more targeted and sophisticated, IT teams are struggling against a range of agents, from common hackers to nation-states, to keep their networks and their vaults secure. One such group stole over $100 million in March 2016 from the Bangladesh central bank account at the Federal Reserve Bank of New York.

Policies 40

Policies Security ATM System 40

PYMNTS

NOVEMBER 6, 2017

Since 2004, October has been observed as National Cyber Security Awareness Month by the Department of Homeland Security (DHS). During a CAPS exercise, IT professionals take part in an immersive exercise that simulates an attack on an organization’s payment operation. We hadn’t done that before,” Nelson said.

Exercises 119

Exercises Resources Industry Cyber Security 119

PYMNTS

SEPTEMBER 24, 2018

Consider the fact that the stolen data, as reported in Forbes and other publications, was garnered through a script that helped the bad guys “skim” payment pages, and the methodologies have brought some observers to conclude that the hackers belong to Magecart, the group behind the Ticketmaster breach. Other Financial Impacts Loom.

Data 152

Data Cyber Security Regulation social media 152

Gonzobanker

NOVEMBER 1, 2016

Poor planning or missteps here will cost more later on, not only in terms of time and money but also in the bank’s ability to effectively address today’s growing information and cyber security threats. I’ve taken the following three-step approach to building out a comprehensive IT and security risk program before, and it works.

Risk Management 60

Risk Management Security Management Tools 60

PYMNTS

JANUARY 6, 2020

A posting tied to the image stated the page had been “hacked by Iran Cyber Security Group Hackers. This is only [a] small part of Iran’s cyber ability! Get ready, then, for a scramble from chief information security officers and their teams to shore up various sites — on-premise and in the cloud.

US 131

US Las Vegas Cyber Security Los Angeles 131

PYMNTS

AUGUST 6, 2018

According to a report in Associated Press citing comments made in Parliament, the cabinet minister said the cyberattack on SingHealth records was the work of an “advanced persistent threat” group. Those groups who conduct carefully planned cyberattacks to steal information or disrupt operations are usually state-linked, the minister said.

Cyber Security 100

Cyber Security United States Groups National 100

FICO

JANUARY 5, 2023

With a weakening economy, BNPL firms have seen a rise in bad debts, growing losses, increased costs of operations and tumbling share prices. Several groups have also called for comprehensive industry regulation. The SEC rules will require a new cyber security preparedness level that many organizations may not be meeting today.

Policies 52

Policies Company Regulation Risk Management 52