PYMNTS

FEBRUARY 6, 2019

Espen Johansen, Visma’s operations and security manager, said he is confident that none of its customers’ networks were accessed. Chichester said that with companies hardening their defenses for cyber attacks, the hackers are turning to suppliers to get into corporate networks.

Software 123

Software Company Cyber Security Security 123

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. s National Cyber Security Centre to determine how large the breach was and how many people in the U.K. 22), regulators in the U.K.,

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PYMNTS

JANUARY 9, 2020

We have now contained the virus and are working to restore our systems and resume normal operations as quickly as possible,” the company said in a statement. The National Cyber Security Centre said it was providing technical support. Travelex’s network of branches continue to provide foreign exchange services manually.”.

Cyber Security 131

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PYMNTS

APRIL 17, 2018

According to Reuters , the attack was launched on computer routers, firewalls and other networking equipment used by government agencies, companies and critical infrastructure operators globally. and British officials warned that infected routers could be used to launch future offensive cyber operations.

US 116

US Cyber Security United States National 116

PYMNTS

SEPTEMBER 17, 2018

Mobile means one can do just about anything by using their device: order food, bank online, read the news … even commit payments fraud, sometimes from the unlikeliest of places. In Australia, news came that police have charged a quartet of alleged fraudsters with running a business email compromise (BEC) scam.

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PYMNTS

NOVEMBER 30, 2020

million has been stolen from businesses as a result of these attacks, the latest data from the Australian Cyber Security Center (ACSC) as reported by SmartCompany revealed. Reports noted one business, hedge fund Levitas Capital, was forced to shutter operations following a whopping $6.4 In total, about $104.5

Fraud 177

Fraud Cyber Security Data Software 177

PYMNTS

JULY 25, 2016

China announced this summer that it would let non China-based payment card companies operate in the country, but they would have to follow China’s rules. That was welcome news to credit card companies, particularly U.S.-based While they do that, Mastercard is holding off on moving ahead.

Cyber Security 100

Cyber Security Payments Cards Marketing 100

Fintech Labs Insights

MARCH 24, 2017

Swiss financial sector infrastructure operator SIX partners with IBM Watson to build cyber-security hub. Video of IBM’s FinDEVr 2017 New York presentation last week will available soon in our video archives. This post will be updated throughout the day as news and developments emerge.

Cyber Security 15

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PYMNTS

FEBRUARY 5, 2020

We have shared samples of the relevant variant with law enforcement, the Australian Cyber Security Centre, and cybersecurity organisations to ensure the wider community is protected,” the updated statement said. On Wednesday (Feb. 5), Toll identified the ransomware as an offshoot of a popular Mailto iteration. On Wednesday (Feb.

Cyber Security 131

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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

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PYMNTS

JANUARY 29, 2018

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 press release published last week by gov.uk highlighted a government survey that found only 38 percent of businesses have even heard of GDPR.

Cyber Security 112

Cyber Security Survey Regulation Security 112

Perficient

APRIL 2, 2021

AI technologies, such as voice recognition and natural language processing (NLP), are being used to improve customer experience and to gain operational efficiencies. Applications include analysis of regulations, news flow, earnings reports, consumer complaints, analyst ratings changes, and legal documents. Cybersecurity.

Regulation 309

Regulation Industry Risk Management Analysis 309

PYMNTS

JUNE 8, 2018

The recent news that Goldman Sachs is the first financial institution (FI) to sign up with U.K.-based based Immersive Labs for its cyber security war games demonstrates the enduring appeal of that adage. When it comes to real war, not the boardroom imitation of it, successful games can lead to significant battlefield success.

Exercises 151

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PYMNTS

AUGUST 30, 2016

“It would also give MAS the flexibility to address emerging risks such as cyber security, interoperability, technology, and money laundering and terrorism financing. ” It was reported that the new changes will bring about a blurring of the lines between payments and remittance through advances in financial technology.

Fintech 101

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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. The country’s government and regulators are keeping pace with those in the European Union and the U.S. The law is still ambiguous.

Regulation 160

Regulation Policies Data Compliance 160

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

PYMNTS

SEPTEMBER 30, 2016

Prior to founding Forter, Michael was the VP Product & International Operations at Pango Parking where he was in charge of the deployment and adoption of Mobile Wallet technologies worldwide.

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PYMNTS

MAY 24, 2016

Key Takeaways: – How digitizing and automating the entire invoice-to-cash process reduces costs and improves operational efficiency. – What are companies doing to battle cyber security and avoid fraud? – B2B payment trends – how are businesses paying today, and what does this mean for AR?

Cyber Security 109

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Insights on Business

MAY 18, 2018

The model delivers better customer experiences, creates operational efficiencies, and can lead to new revenue sources. Financial institutions are leading the charge in building security immune systems, knowing they are most threatened. In my mind, success follows with three operational goals: 1.

Operations 93

Operations Security Cyber Security Customer Experience 93

PYMNTS

NOVEMBER 13, 2017

The news was full of surprises this week. The competition in India for digital payments dominance got that much more competitive this week with the announcement that PayPal has officially launched domestic operations in India. said Randal Quarles, new member of the Fed’s Board of Governors. “I PayPal’s India Push.

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St. Louis cryptocurrency Cyber Security Fintech 108

PYMNTS

JUNE 12, 2017

Dubbed the TSYS Foresight ScoreSM with Featurespace, this new tool is a fraud and risk scoring application that uses smart technology like machine learning to combat transactional fraud via cyberattacks. The backbone of this new offering will lean on Featurespace’s adaptive behavioral analytics platform ARIC.

Fraud 100

Fraud Analytics Operations Tools 100

FICO

JANUARY 30, 2017

APAC Fraud Forum : At this FICO customer meeting in the Philippines, my presentation highlighted FICO’s advances in mobile analytics and cyber analytics. Today, cyber threats remain one of the biggest risks to all companies. At this customer meeting we dove deep into the AI topic and the surrounding hype.

Analytics 40

Analytics San Francisco Cyber Security Fraud 40

Banking 2020

NOVEMBER 24, 2015

First the good news – banks in Britain stopped nearly £1 billion in attempted fraud in the first six months of 2015. The organisation said: “Banks’ and card companies’ security systems detected and prevented a total of £910.9 million in the first half of 2015. Customer loyalty.

Fraud 40

Fraud Cards Cyber Security System 40

Fintech Labs Insights

MARCH 29, 2017

FinDEVr New York newcomer Fiserv announces enhancements to its real-time, loan servicing solution, LoanServ. Swiss financial sector infrastructure operator SIX partners with IBM Watson to build cyber-security hub. MasterCard introduces new fraud detection solution, Decision Intelligence. Follow FinDEVr on Twitter.

New York 12

New York Cyber Security Video Capital 12

PYMNTS

JULY 15, 2016

.” Fauss emphasized that the National Branded Prepaid Card Association doesn’t stand against regulation – they think it helps everyone if there are clear guidelines the industry operates under. It will just leave consumers who either need – or just reasonably want – another option, out in the cold.

Cards 100

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PYMNTS

JUNE 13, 2017

Industroyer’s ability to persist in the system and to directly interfere with the operation of industrial hardware makes it the most dangerous malware threat to industrial control systems since the infamous Stuxnet, which successfully attacked Iran’s nuclear program and was discovered in 2010,” said Cherepanov in the press release.

New Jersey 100

New Jersey System Industry Fraud 100

NCR

MAY 3, 2016

For those in the banking industry fighting on the front lines of the escalating cyber war, this isn’t news. 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.

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PYMNTS

JUNE 15, 2017

If someone is hanging around the storefront for too long, the camera feed triggers the speakers to tell the suspect to come back during operating hours. A camera pointed at a door or window might be programmed to look for suspicious loitering between 8:00 p.m. and 10:00 a.m.

Fraud 101

Fraud Security Video Retail 101

PYMNTS

APRIL 3, 2019

.” Understanding a company’s cyber risk exposure involves the analysis of troves of data connected to a business’s internal systems, historical events, supply chains and business partners’ exposures, and more. Technology, Partnerships Address the Gaps.

Analysis 158

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PYMNTS

JULY 29, 2019

In Australia, BEC has hit hard, as CIO reported that several businesses in that country have been forces to shutter operations in the wake of such fraud. In Australia, BEC Hits Hard.

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Fraud Cyber Security Cards Report 138

PYMNTS

SEPTEMBER 24, 2018

In the wake of the news earlier this month that British Airways had found, and reported, a data breach within the 72 hours mandated by the General Data Protection Regulation , the question remains: How much is it going to cost, if anything? based Equifax operations did not have adequate measures in place to ensure that data was protected.

Data 152

Data Cyber Security Regulation social media 152

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. that was featured on NBC’s Today Show.

Exercises 119

Exercises Resources Industry Cyber Security 119

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. The good news is that, as usual, the regulators have given us a lot of good content with which to work and plan.

Risk Management 60

Risk Management Security Management Tools 60

FICO

OCTOBER 10, 2016

Complex attacks or highly sophisticated threat actors like nation states can, and often do, operate covertly for some period. I commented on my Twitter post ( @KinchB ) following the recent “Future of Cyber Security” event in London that, “No-one at #cyberEurope2016 claimed they could satisfactorily achieve the 72hr #databreach requirement.

Cyber Security 40

Cyber Security Security National Data 40

PYMNTS

JANUARY 6, 2020

News came on Saturday (Jan. 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! ” According to news reports, the website was rendered inaccessible in the wake of the hack. 3) by the U.S.

US 131

US Las Vegas Cyber Security Los Angeles 131

PYMNTS

AUGUST 6, 2018

Those groups who conduct carefully planned cyberattacks to steal information or disrupt operations are usually state-linked, the minister said. 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.

Cyber Security 100

Cyber Security United States Groups National 100