The Fintech Times

FEBRUARY 26, 2025

Small and mid-sized businesses (SMBs) are suffering from a continuing onslaught of cyberattacks as threat actors adopt more efficient targeting and AI-driven attacks, according to a new report from cybersecurity firm SonicWall.

Automation

Finextra

JUNE 25, 2025

AI enables real-time defence by continuously learning from behavioural patterns, device signals, geolocation, and transaction metadata. It spots anomalies before a threat becomes a breach. Real-Time Fraud Detection: Defence at Machine Speed Traditional fraud systems rely on static rules and after-the-fact analysis.

Fraud Detection

The Payments Association

JULY 11, 2025

Security and compliance demand strategic attention POS security has evolved from a compliance checkbox to a business-critical investment as breach costs reach record levels. Average global data breach costs hit US$4.9 EMV adoption continues globally, with 94.76% of card-present transactions now using chip technology.

Point-of-Sale (POS)

The Payments Association

JUNE 11, 2025

As threats continue to grow in both volume and sophistication, platform operators must find new ways to balance commercial agility with robust risk oversight. The Online Safety Act alone imposes fines up to £18 million or 10% of annual turnover for breaches, with obligations tiered by operational scope and corporate structure.

Risk

The Fintech Times

JULY 11, 2025

The company is positioning the technology as a solution to long-standing security challenges in self-custody, as losses from crypto-related hacks continue to rise. Notable breaches include Phemex , which lost $85million to a hot wallet exploit and UPCX , which lost $70million due to a compromised private key.

Authentication

VISTA InfoSec

AUGUST 5, 2025

These tools allow analysts to spot attacker chatter, leaked credentials, and indicators of compromise before an incident escalates. For instance, security systems with machine learning can identify patterns that signal a possible breach. Delays in applying patches can lead to severe data breaches.

Cybersecurity

The Payments Association

JUNE 16, 2025

The difficulties lie in the assumption that, however secure they may be, one cannot rule out a breach of secure elements in the future. Continued collaboration is essential to ensure security, usability, and trust in this evolving financial innovation. Who is responsible if an offline transaction is compromised or never received?

Settlement

The Payments Association

JULY 18, 2025

Payments regulation roadmap: Q3 2025 18 July 2025 by Payments Intelligence Introduction Regulatory developments continue apace in the payments industry, ushering in a period of intensified complexity and strategic significance. Culture and accountability must evolve, too, so that resilience is clearly embedded in key business functions.

Regulations

Finextra

JULY 14, 2025

Furthermore, businesses relying on a third party also face counterparty risk: if the custodian is compromised or fails, there is a risk of losing the assets. Lastly, the reliance on a few major custodians creates centralization risks, where a breach in the security of one custodian can affect many clients in the cryptocurrency ecosystem.

Stablecoins

The Fintech Times

FEBRUARY 26, 2025

On 21 February 2025, Bybit suffered the biggest known breach in crypto’s history in which tokens worth $1.5billion were stolen from Bybit’s Ethereum wallet. We will continue to monitor the incident, and if Bybit needs more support were here to provide. Bybit is a respected competitor and partner to us.

Breach

Finextra

JUNE 26, 2025

The very factors driving digital adoption thus amplify the necessity for robust security measures, initiating a continuous and dynamic contest between technological innovation and efforts to prevent fraud. share in the UK.

Stablecoins

Finextra

JUNE 26, 2025

The very factors driving digital adoption thus amplify the necessity for robust security measures, initiating a continuous and dynamic contest between technological innovation and efforts to prevent fraud. share in the UK.

Stablecoins

Trade Credit & Liquidity Management

JULY 24, 2025

These incidents are a major cause of data breaches, with human error cited as responsible for 60% of breaches as of 2025. “Unlike traditional products, it [Prevent] uses advanced machine learning and contextual understanding of user behavior to identify risky actions in real time and prevent a data breach before it occurs. .

Risk

Finextra

AUGUST 1, 2025

This minimizes data breaches while simplifying workflows, ensuring privacy standards remain intact across all activities within the offices ecosystem. Cybercriminals continually exploit weak or stolen credentials, making stronger authentication methods essential for family offices. Encryption is a key solution here.

Security

VISTA InfoSec

APRIL 5, 2024

This integration is essential as employers move forward with their business continuity plans. As the paradigm shift continues, businesses modify their operations to ensure that productivity remains paramount. This article will discuss the best practices when it comes to business continuity in the remote work era.

Best Practices

FICO

AUGUST 31, 2017

While data breaches and ransomware grab the headlines, we’re still seeing fraud growth due to ATM compromises in the US. The number of POS device and ATM compromises rose 21 percent in the same period. As criminals try to beat the system, we are continually adapting the predictive analytics we use to detect compromises.

Compromise

PYMNTS

JULY 30, 2019

A former Amazon systems engineer working for Capital One is said to be the woman behind a breach that accessed the data of over 100 million people. Thompson formerly worked for Amazon Web Services, which hosted the Capital One database that was breached. Capital One revealed the massive data breach in a news release on July 29, 2019.

Breach

PYMNTS

APRIL 19, 2019

Chipotle Mexican Grill has been the victim of a cyberattack that compromised the credit card payment information for a small number of customers. “We have no indication of any breach of Chipotle’s databases or systems.” “We have no indication of any breach of Chipotle’s databases or systems.”

Credential

Bank Automation

DECEMBER 21, 2023

Fraudsters continue to do damage in the finance industry, evidenced by recent attacks against Fidelity National Financial and Mr. Cooper, and financial institutions must strengthen their systems to avoid hacks and respond to breaches. In 2023, the average cost of a data breach in the financial industry was $5.9

Compromise

PYMNTS

SEPTEMBER 21, 2019

“Cybercriminals continue to be creative in their attacks, turning their attention to industries such as manufacturing to retail, and using cloud technology and software like common mobile apps to their advantage,” he said in a statement last week. ” The U.S.

Data Breach

VISTA InfoSec

JULY 19, 2024

As fraudsters are continuously finding new ways to strike, we’re continuously finding new ways to prevent them with controls such as encryption, multi-factor authentication, fraud detection software, etc. But not everyone is aware that it all begins with how electronic devices are designed.

Cybersecurity

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

AI

PYMNTS

MARCH 6, 2018

After its point of sale (POS) systems were reportedly affected by malware designed to capture credit card information, RMH Franchise Holdings is warning that its Applebee’s restaurants in 15 states suffered a data breach. RMH became aware of the breach on Feb. 13 and “promptly took steps to ensure that it had been contained.”

Data Breach

PYMNTS

OCTOBER 5, 2020

The panel’s standards apply to all entities that accept credit or debit card payments and are intended to ensure that these organizations are working to reduce their risks of security breaches and to minimize the damage of attacks that slip through their defenses. Compliance Complexities.

Data Breach

VISTA InfoSec

JUNE 3, 2024

Weak or compromised passwords are often the weak link in an organization’s security chain, providing an easy entry point for cybercriminals. According to a Verizon report , over 80% of hacking-related breaches are due to compromised passwords.

MFA

PYMNTS

DECEMBER 5, 2017

The public may learn of data breaches much more promptly if three senators get their way on a proposed Senate bill, the Data Security and Breach Notification Act, which was introduced on Thursday, Nov. In November, the world learned that Uber had been hacked a year earlier, compromising 57 million customers’ and drivers’ data.

Data Breach

Fintech News

MAY 1, 2025

Data from Verizon Businesss 2025 Data Breach Investigations Report reveal that system intrusion has risen considerably over the past four years, escalating to become the dominant threat pattern across APAC. In contrast, social engineering attacks continue to decline in prevalence.

APACS

PYMNTS

FEBRUARY 21, 2017

When a company is hit with a data breach that leads to the leak of consumer information, the event will make headlines. Not so much, however, when a breach results in the compromise of sensitive corporate data, like information on M&A plans or intellectual property. “We’re seeing losses in billions of dollars.

Data Breach

PYMNTS

FEBRUARY 16, 2018

The potentially compromised data had been stored on an Amazon S3 storage service and was collected by Bongo International, which FedEx had acquired in 2014. We have found no indication that any information has been misappropriated and will continue our investigation.”.

Compromise

Nanonets

NOVEMBER 14, 2023

Business Email Compromise (BEC) is a cyber threat that exploits the vulnerabilities of email communication. Perpetrators impersonate trusted entities, such as executives or vendors, employing social engineering techniques to coerce employees into compromising actions. What is Business Email Compromise (BEC)?

Email Compromise

VISTA InfoSec

OCTOBER 21, 2024

As fraudsters are continuously finding new ways to strike, we’re continuously finding new ways to prevent them with controls such as encryption, multi-factor authentication, fraud detection software, etc. But not everyone is aware that it all begins with how electronic devices are designed.

Cybersecurity

PYMNTS

DECEMBER 21, 2016

There was a time when data breaches were not a daily part of consumers’ day-to-day lives. s part to believe their systems had been compromised. How did consumers go from leading lives mostly free from data fraud and identity theft to one where such hacks, skims and breaches are part of the everyday background noise?

Breach

VISTA InfoSec

SEPTEMBER 5, 2024

Understanding the significance of cyber security is crucial for protecting sensitive data and ensuring business continuity. In addition, insider threats pose significant risks, as employees may inadvertently or maliciously compromise sensitive information.

Security

VISTA InfoSec

OCTOBER 21, 2024

Understanding the significance of cyber security is crucial for protecting sensitive data and ensuring business continuity. In addition, insider threats pose significant risks, as employees may inadvertently or maliciously compromise sensitive information.

Security

PYMNTS

JUNE 1, 2020

Google issued a stark warning last week about the state of cybersecurity: Phishing attacks are on the rise and continue to take advantage of vulnerabilities resulting from the global pandemic. Among a lengthy list of attack methods, ransomware and third-party breaches remain common tactics against law firms, the report revealed.

Phishing

PYMNTS

MARCH 30, 2018

Under Armour has revealed that it’s suffered one of the biggest hacks in history after data from 150 million users of its MyFitnessPal diet and fitness app was compromised in February. Social Security numbers, drivers’ license numbers and payment card data were not compromised.

Breach

VISTA InfoSec

APRIL 3, 2024

Beyond the immediate financial repercussions, a breach can severely damage a company’s reputation and erode the trust it has built with its customers. Whether it’s customer information, financial records, or internal communications, encrypting this data can help safeguard enterprises’ information even in the event of a breach.

Cybersecurity