PYMNTS

SEPTEMBER 20, 2017

New York Governor Andrew Cuomo announced that he wants credit reporting firms to comply with the state’s new cyber-security regulations in the wake of the massive Equifax hack , according to Reuters. Maine is currently the only state that requires credit agencies to register, but its law does not cover cyber security.

Cyber Security 100

Cyber Security New York Report Massachusetts 100

PYMNTS

OCTOBER 13, 2020

DeFi, which is also known as “decentralized finance,” has been included in an increasing wave of business promotions in 2020, Bloomberg reported. And, in recent months, the group noted that banks have reported higher complexity in malicious cyber-enabled incidents.

Bitcoin 196

Bitcoin Cyber Security Groups Community 196

PYMNTS

JULY 4, 2018

The ETFMG Prime Cyber Security ETF, for example, has risen 18 percent this year, CNBC reported. According to Equifax, the information impacted includes names, Social Security numbers, birth dates, addresses and, in some instances, drivers’ license numbers. The company also reported that 209,000 U.S.

Cyber Security 192

Cyber Security Examples Security Data 192

Abrigo

DECEMBER 5, 2016

Demand for effective cyber risk management is so strong that the AICPA is developing common criteria for CPAs to use as they help clients evaluate their programs and efforts. A central method for creating a strong cyber security culture is generating awareness. Ensure leadership buy-in. Make the topic ubiquitous.

Cyber Security 150

Cyber Security Security Software Meeting 150

NCR

NOVEMBER 8, 2016

He or she is the bank officer responsible for administering and ensuring the effectiveness of the information security program for the bank. While the ISO reports to the board on all cybersecurity, the degree to which this person is engaged across all banking functions can make a significant difference preventing digital fraud.

Cyber Security 63

Cyber Security Security Risk Management Training 63

PYMNTS

APRIL 8, 2020

a wave of new cyberattacks appears to be taking advantage of the situation in both countries, according to a Reuters report. The Wall Street Journal reported that mentions of the coronavirus in emails with malware or other hacking software has jumped recently. As the coronavirus pandemic continues to roil the U.S. and the U.K.,

Cyber Security 173

Cyber Security US Fraud Security 173

PYMNTS

NOVEMBER 30, 2020

New research reveals how cyber attackers are stealing company cash from businesses large and small with examples emerging across businesses of all sizes — even forcing one firm to shutter its doors. 4,255 BEC scams have hit Australian small- to medium-sized businesses (SMBs) this year alone , according to Smart Company reports.

Fraud 177

Fraud Cyber Security Data Software 177

PYMNTS

NOVEMBER 8, 2016

As has been widely reported, the thefts from the bank — stretching across roughly 20,000 accounts — remain shrouded in mystery as to just how they occurred. Separately, the newswire reported that the U.K.’s That agency is working alongside the National Cyber Security Center in the investigation. Across the U.K.,

Cyber Security 133

Cyber Security National Online Security 133

PYMNTS

OCTOBER 17, 2016

The extent of cybersecurity attacks on financial institutions is much greater than reports show, especially in the U.K. Shlomo Touboul, Chief Executive of Israeli-based cyber security firm Illusive Networks believes that banks are under constant attack. banks are not required to report every event, banks in the U.S.

Cyber Security 100

Cyber Security Data Security Regulation 100

PYMNTS

MAY 2, 2019

Representatives from a number of countries around the world – excluding Russia, China and representatives from technology giant Huawei – met to discuss the security of 5G networks as many countries prepare for deployment of the technology, according to a report by Reuters.

Meeting 171

Meeting Security Cyber Security Technology 171

PYMNTS

JUNE 16, 2017

According to a press release , App Verify for iOS allows mobile app developers to streamline the onboarding account verification process to assist with increasing conversions and providing cyber security and identity assurance from fraud.

Fraud 100

Fraud Cyber Security User Experience Security 100

BankInovation

AUGUST 20, 2021

In this episode of “The Buzz,” Bank Automation News speaks with cybersecurity research analyst Micah Musser of Georgetown University’s Center for Security and Emerging Technologies, and a co-author of the recent report, “Machine Learning and Cyber Security: Hype and Reality” about the use of artificial intelligence (AI) and machine learning (ML) in (..)

Cyber Security 98

Cyber Security Security Technology Report 98

PYMNTS

JULY 28, 2019

The district staff reported this electronic viral attack to local law enforcement, state officials and the FBI. “The Sabine Parish School System was hit with an electronic virus early Sunday morning,” reads a statement on the school district’s website, according to CNBC.

Louisiana 162

Louisiana Cyber Security Ohio Atlanta 162

FICO

JULY 31, 2019

The latest Assessment of Business Cyber Risk (ABC) report from the US Chamber of Commerce and FICO discusses four steps for improving third-party cybersecurity risk management. Service Organization Controls reports). Promote awareness by inviting the vendor to review their FICO® Cyber Risk Score or other cyber assessment tool.

Cyber Security 70

Cyber Security Management Security Risk Management 70

PYMNTS

MAY 9, 2016

As reported by BBC , the attacks have ranged across a gamut of activity, from spyware to viruses to malware, according to the U.K. government’s Cyber Governance Health Check, which offered up the Cyber Security Breaches survey. As has been reported, the British government is investing as much as £1.9 billion ($2.7

Cyber Security 100

Cyber Security Survey Security National 100

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. 3 million in grant money will be used by IBM to develop a threat intelligence sharing platform, according to GovTech reports last week. Stronger passwords.

Data 202

Data Los Angeles Survey Cyber Security 202

Bobsguide

OCTOBER 25, 2017

50 years on, David Beach, reporter at bobsguide, attended RBR's ATM & Cyber Security event in London, slightly sceptical as to where ATMs fitted into an oft-predicted cashless society. In 1967, the first ATM hit the UK’s high streets. With the rise of biometrics and Big Data, surely.

ATM 90

ATM Cyber Security Security Meeting 90

PYMNTS

JUNE 30, 2020

The Innovation Hub was launched in 2019 as a way for central banks to collaborate on various innovative solutions to problems, PYMNTS reported. Another goal was the creation of new public goods to improve the world and to serve as launchpads for future innovation.

Innovation 148

Innovation Cyber Security New York Survey 148

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. But if I put on my paranoia hat, this could have been catastrophic,” he said in the report. “If

Software 123

Software Company Cyber Security Security 123

PYMNTS

MARCH 10, 2020

service, which lets hackers advertise and sell stolen information, has been arrested by the FBI, according to published reports Tuesday (March 10). Online hacking scandals are prevalent in today’s digital era, with major businesses reporting breaches of their security often. regularly, the FBI said.

National 134

National Online New York City Cyber Security 134

PYMNTS

JULY 29, 2019

Business E-mail Compromise (BEC) fraud has been gaining ground and growing in terms of number of incidences, according to a recent report. As noted by the Financial Crime Enforcement Network (FinCEN), the number of reports of BEC rose to a monthly average of more than 1,100 in 2018, where the tally had been 500 in 2016. billion.

Fraud 138

Fraud Cyber Security Cards Report 138

PYMNTS

JANUARY 9, 2020

Lenders including Barclays, HSBC, Royal Bank of Scotland and Virgin Money had to stop foreign currency services after exchange provider Travelex was hit by a ransomware gang, according to reports on Thursday (Jan. The National Cyber Security Centre said it was providing technical support. The attack occurred on New Year’s Eve.

Cyber Security 131

Cyber Security Groups System Data 131

PYMNTS

DECEMBER 3, 2018

According to a report in the Wall Street Journal citing cyber security specialists, the breach in which the personal information of as many as 500 million customers was exposed began in 2014, going undetected until September of 2018.

Cyber Security 122

Cyber Security Security Cards Resources 122

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. Those banks “have been unable to process customers’ requests,” reports said. Sodinokibi contacted the BBC on Tuesday (Jan.

Cyber Security 130

Cyber Security Online Retail National 130

PYMNTS

APRIL 11, 2018

After @bitcoin was suspended from Twitter on Sunday (April 8), the account is back with digs at bitcoin, Bloomberg reported. And it seems that bitcoin will continue to face bearish pressure in the second quarter of 2018, according to a new report from Cboe , The Merkle reported. And it may not be going away: The U.K.’s

Bitcoin 102

Bitcoin Cyber Security cryptocurrency Report 102

PYMNTS

SEPTEMBER 26, 2017

The news comes on the same day Reuters reported that a group of senators sent a request to the SEC, asking it to review and possibly update its rules governing when public companies should disclose cyber breaches.

Cyber Security 115

Cyber Security Retail Security Groups 115

PYMNTS

JANUARY 2, 2020

50 crores (about $7 million) will have to offer customers electronic payment modes like debit cards, powered by RuPay, according to a report by LiveMint. . The finance ministry in India passed a new regulation saying that companies with sales of more than ?50 The new regulation went into effect on Jan.

Cards 130

Cards blockchain Retail Cyber Security 130

PYMNTS

JANUARY 29, 2018

A new report released in the U.K. 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. finds companies are unprepared for the upcoming General Data Protection Regulation (GDPR).

Cyber Security 112

Cyber Security Survey Security Regulation 112

PYMNTS

MAY 15, 2017

As has been widely reported, a massive attack hit everything from the United Kingdom’s National Health Service, European automakers and Chinese firms and any number of companies across other verticals, winnowing its way through disparate countries into Saturday. According to a report in Bloomberg , 16 NHS hospitals in the U.K.

Cyber Security 101

Cyber Security National Security System 101

PYMNTS

NOVEMBER 2, 2016

According to a report , research suggests the U.K. Chancellor of the Exchequer Philip Hammond said, according to the report, that the country is “an acknowledged global leader in cybersecurity.” ” The way to do that, noted the report, is to increase spending to fight cyberattacks. million cases of cybercrime.

Cyber Security 100

Cyber Security social media Security Survey 100

PYMNTS

JUNE 8, 2018

s TSB , for example, the bank saw attempted fraud rise up to 70 times, Reuters reported. Redscan Director of Cyber Security Mark Nicholls told Reuters, “Consumers — or people — are always going to be the weakest link, so if they can find ways to attack the customer … then they will go after that.”.

social media 101

social media Cyber Security Fraud System 101

PYMNTS

OCTOBER 12, 2016

A second hacking group is targeting banks through the Swift Inerbank Messaging system, according to a report out from cyber-security firm Symnatec yesterday (Oct. Symantec further reports that Odinaff is likely linked to Carbanak, a hacking group that focuses on banks and merchant point-of-sale systems.

Groups 100

Groups Cyber Security United States System 100

Accenture: Banking

MARCH 20, 2017

Read the full report. Transactional trust used to be consistently high across the banking industry, but now consumers are telling us that it is a point of competitive differentiation, so cyber security is no longer just a hygiene factor, it’s a customer acquisition tool.

Marketing 150

Marketing Cyber Security Study Meeting 150

Accenture: Banking

MARCH 20, 2017

Read the full report. Transactional trust used to be consistently high across the banking industry, but now consumers are telling us that it is a point of competitive differentiation, so cyber security is no longer just a hygiene factor, it’s a customer acquisition tool.

Marketing 150

Marketing Cyber Security Study Meeting 150

PYMNTS

FEBRUARY 5, 2020

Australian logistics company Toll has been forced to disable its systems and use non-digital processes after a ransomware attack on Friday (Jan 31) caused delays throughout the country, according to a report by ZDNet. “We On Wednesday (Feb. 5), Toll identified the ransomware as an offshoot of a popular Mailto iteration. “We

Cyber Security 131

Cyber Security System Security Community 131

PYMNTS

MAY 15, 2018

Microsoft is collaborating with Commonwealth Bank of Australia (CBA) and KPMG to form a new cloud accounting startup, Financial Review reported. 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.

Cyber Security 104

Cyber Security Marketing Report Management 104

American Banker

MARCH 27, 2024

The report seeks to help banks "disrupt rapidly evolving AI-driven fraud," according to Treasury's Nellie Liang. The report found banks have difficulties accounting for AI risks.

Risk Management 78

Risk Management Report Management Fraud 78