PYMNTS

OCTOBER 30, 2020

Mastercard has unveiled its artificial intelligence (AI)-fueled Cyber Secure tool suite, which lets banks evaluate cyber risk throughout their ecosystems and stop possible breaches from occurring, according to a Friday (Oct. 30) announcement emailed to PYMNTS. Mastercard said the world faces a $5.2

Cyber Security 297

Cyber Security Security Fraud Tools 297

PYMNTS

JANUARY 7, 2020

The alleged perpetrators of a cyberattack on Travelex , the “world’s largest retail currency dealer,” was Sodinokibi, a cyber gang demanding ransom, according to reports. Sodinokibi contacted the BBC on Tuesday (Jan. 7), claiming responsibility for the attack that caused Travelex to shut down last week.

Cyber Security 130

Cyber Security Online Retail National 130

Payments Source

JUNE 7, 2019

Developers of new payment methods often court big retailers to show off their brand, but the card networks' universal buy button is launching with security features designed for smaller shops.

Security 91

Security Branding Retail Cards 91

PYMNTS

JUNE 15, 2017

Security isn’t just about catching the bad guys as they run away with store merchandise. Cameras can, however, play a big part in determining where strategies are needed and which ones will work for a particular retailer. And surveillance isn’t just about identifying bad guys after the fact. I think a video’s worth a million.”.

Fraud 101

Fraud Security Video Retail 101

PYMNTS

SEPTEMBER 26, 2017

Securities and Exchange Commission (SEC) announced it is launching two enforcement initiatives to boost efforts to address cyber threats and protect retail investors. The move comes in the wake of the massive Equaifax hack, which exposed the personal data of 143 million Americans.

Cyber Security 115

Cyber Security Retail Security Groups 115

Payments Source

JANUARY 6, 2018

Twenty-two trade groups, including seven financial trade groups, sent a letter to House lawmakers calling for new data security standards that would preempt state law.

Security 64

Security Data Retail Groups 64

PYMNTS

SEPTEMBER 21, 2019

It’s National Cyber Security Awareness Month, and industry leaders are zeroing in on some of the most vulnerable targets of cyber scams: small businesses. Even more troubling, however, is the cloud security company’s finding that most SMBs estimate the cost of a data breach to be just $10,000. ” The U.S.

Data 202

Data Los Angeles Survey Cyber Security 202

American Banker

MAY 23, 2016

Seven financial trade groups announced Monday that they are banding together to push legislation that would extend banklike data security standards to retailers and nonbank businesses.

Security 43

Security Retail Data Groups 43

Cisco

APRIL 7, 2019

It’s clear retail banks need to adapt to emerging trends to stay relevant in today’s market. 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.” Visited a local retail branch?

Trends 64

Trends Cyber Security Big Data Analytics 64

PYMNTS

MAY 18, 2018

We have engaged an independent, third-party cyber-security firm to conduct a review of what happened and help us further protect the security and integrity of our data,” Sanders said in a statement. “We The company has also sought outside help, MacRumors reported. “We

Data 109

Data Cyber Security United States Security 109

Cisco

APRIL 7, 2019

It’s clear retail banks need to adapt to emerging trends to stay relevant in today’s market. 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.” Visited a local retail branch?

Trends 48

Trends Cyber Security Big Data Analytics 48

PYMNTS

SEPTEMBER 30, 2016

Fraudsters have been causing problems for retailers over the past four quarters, leading to a 137 percent jump in fraud attacks and affecting $7 out of every $100 made in retail sales, according to the latest PYMNTS.com Global Fraud Attack Index. The collaborative study with Forter measures the rate of fraud attempts made on U.S.

Fraud 100

Fraud Data Cyber Security Study 100

PYMNTS

MARCH 17, 2017

However, this was the first major hack attributable to a bug in Apache Struts 2 — software that is often used on government, bank and retail websites. Cyber Ransoms (Still) On The Rise. Or, at least, this was the first known hack. It seems as though the trend of ransomware attacks isn’t disappearing any time soon.

Cyber Security 100

Cyber Security National Security Software 100

Payments Source

MAY 13, 2021

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Retail 156

Retail Cyber Security Security 156

Payments Source

JANUARY 4, 2018

Compliance checks today are not continuous or automatic, even in the largest of global enterprises. Traditionally, compliance audits are performed by organizations just once a year when, in reality, they need to be continuous in order to be effective, writes Manoj Asnani, lead of product and design for Balbix.

Retail 130

Retail Compliance Cyber Security Security 130

PYMNTS

MAY 9, 2016

– Digital goods retailers have been hit hardest — the industry has seen a more than 300 percent increase in fraud attacks since the liability shift. In 2008, before its acquisition by PayPal, Michael led Product at Fraud Sciences, where he faced some of the most challenging questions in the cyber security ecosystem.

Fraud 100

Fraud Online United States Cyber Security 100

Payments Source

AUGUST 1, 2019

Most cloud storage systems have gaps that open the door to account takeover, API attacks and other threats, argues Pravin Kothari, founder and CEO of CipherCloud.

Capital 104

Capital Security System Cyber Security 104

PYMNTS

DECEMBER 16, 2016

Radial data released this week shows that in terms of overall retail online, there’s some opportunity to gain eyeballs and clicks — among less frequent Amazon shoppers. The same survey found that among Amazon shoppers, 95 percent describe the online retailer as “trustworthy.” But better act fast. Think again. So Now What?

Data 100

Data Security Cyber Security Retail 100

PYMNTS

MAY 24, 2016

– What are companies doing to battle cyber security and avoid fraud? Karen Webster is one of the world’s leading experts on payments, commerce and retail innovation, and a strategic advisor to CEOs and Boards of multinational players in those sectors. – Network-based payment solutions. CFO of Billtrust.

Cyber Security 109

Cyber Security New Jersey User Experience Innovation 109

Payments Source

JANUARY 3, 2019

s Azure security team detected suspicious activity in the cloud computing usage of a large retailer: One of the company’s administrators, who usually logs on from New York, was trying to gain entry from Romania. Last year, Microsoft Corp.’s And no, the admin wasn’t on vacation. A hacker had broken in.

Google 86

Google New York Security Retail 86

Insights on Business

OCTOBER 24, 2016

I predict that two of the hot topics at Money20/20 will be the availability of immediate or real-time payments and cyber security. Banks are now able to create end-to-end solutions for retail and business customers in ways that only could be imagined before now.”. We will be gathering in Las Vegas this week for Money20/20.

Las Vegas 70

Las Vegas Payments Cyber Security Fraud 70

FICO

DECEMBER 12, 2022

This patented technology can provide insight in investigating payment card fraud, detecting cyber security threats, credit risk, and identifying money laundering activities. . Scott is most recently focused on the applications of streaming self-learning analytics for real-time detection of cyber security attacks.

Analytics 52

Analytics San Diego Fraud Cyber Security 52

Payments Source

MAY 29, 2018

But experts say retailers' prioritization of EMV compliance contributed to other payment card security gaps, leading to the current high level of merchant data breaches. A direct correlation between the chip migration and rampant merchant data breaches is hard to prove.

Data 67

Data Compliance Security Retail 67

FICO

DECEMBER 18, 2017

In an interview with TechRepublic a few days ago, Gartner research director Jeff Wheatman said, “It's no longer just about understanding whether a company you're going to do business with is credit-worthy, we need to understand what their security posture is, because it's going to have an impact on our security posture.”

Cyber Security 73

Cyber Security Security Data Resources 73

NCR

JUNE 21, 2017

Such an approach offers a huge number of opportunities for retail banks, but in order to succeed, they must contend with a wide range of issues, from managing the change in business culture that will be necessary, to harnessing the large volumes of data available.

Strategy 88

Strategy Cyber Security Technology Retail 88

PYMNTS

AUGUST 23, 2017

Recent research by San Francisco-based cyber security company RiskIQ , aggregated in the company’s 2017 State of Enterprise Digital Defense Report , shows 68 percent of corporate decision-makers have little to no confidence in this area. Many organizations are introducing new departments to cover digital, mobile and app security.

Mobile 102

Mobile San Francisco Tools Security 102

Payments Source

NOVEMBER 3, 2017

Jeanne Tisinger spent three decades working at the CIA, where her most recent position was deputy director overseeing the agency’s physical and cybersecurity and information technology spanning more than 100 countries.

Security 64

Security Technology Cyber Security Online 64

Perficient

APRIL 2, 2021

These technologies are also used to better target marketing in retail and customize trade recommendations in wealth management. AI is being leveraged at call centers to process and triage customer calls to provide improved customized service. Credit Decisions.

Regulation 309

Regulation Industry Risk Management Analysis 309

FICO

DECEMBER 15, 2022

transaction review rate than the Falcon Retail Banking fraud score. Scott is most recently focused on the applications of streaming self-learning analytics for real-time detection of cyber security attacks. Scott serves on two boards of directors, Software San Diego and Cyber Center of Excellence. Scott received his Ph.D.

Analytics 52

Analytics San Diego Fraud Cyber Security 52

American Banker

DECEMBER 13, 2016

Both major brands are accelerating a move away from traditional checkout, and all retailers need to make adjustments for the future.

Retail 28

Retail Branding Cyber Security Security 28

Payments Source

NOVEMBER 30, 2018

An invisible payment becomes a lot more visible when it’s compromised, making Marriott’s data breach a threat to one of the most important innovations in retail, which should scare everyone from Uber to Amazon.

Payments 71

Payments Marketing Retail Innovation 71

Gonzobanker

NOVEMBER 17, 2016

While consumers and payment providers may hope for frictionless payments, the execution path will require new capabilities and deployments in fraud mitigation, cyber security, open APIs, and enhanced interoperability. Retailer perspective sessions emphasized improving the consumer’s buying experience versus the payment experience.

Payments 60

Payments Las Vegas Risk Management Cyber Security 60

PYMNTS

JULY 16, 2016

And speaking of retail applications – there is emerging talk that emojis, particularly customer ones could be used much teh way Snapchat uses geolocation filters today. And emojis have more that a communication or commerce future – they may also be the next big thing in providing consumer security when logging into mobile banking.

How To 100

How To Cyber Security social media Security 100

Payments Source

AUGUST 30, 2019

At the same time, consumers hold banks to tougher disclosure standards than government agencies, health care organizations and retailers, according to Experian.

Survey 69

Survey Data Retail Cyber Security 69

Cisco

JUNE 7, 2019

While the days of the good ol’ “stickup” bank robbery, cybersecurity threats are rapidly growing in number and complexity, and even the most advanced security teams scramble to keep up. After decades of battling credit card fraud, retail banks face a new challenge: fraudulent account takeover. Fighting fire with fire.

Fraud 63

Fraud Retail San Diego Cyber Security 63

Payments Source

OCTOBER 9, 2018

Collaboration between banks and fintechs still lags, hurting security initiatives such as an authentication hub.

Strategy 71

Strategy Fraud Security Fintech 71

Payments Source

AUGUST 1, 2018

Mobile e-commerce is growing fast, and online retail fraud levels are keeping pace with this expanded sales volume.

Mobile 72

Mobile Data Fraud Retail 72