PYMNTS

DECEMBER 7, 2018

The past year brought a significantly increased focus on the security and privacy of online data, with not only consumers paying more attention to the issue but (much more importantly) lawmakers holding big tech executives accountable in political hearings. You have to have a comprehensive approach to cybersecurity.”. and other places.

Cybersecurity

PYMNTS

OCTOBER 12, 2020

With over 5,000 cybersecurity vendors in the U.S. But that problem could be a thing of the past thanks to the launch of the world’s first B2B cybersecurity marketplace that enables buyers to easily search, compare pricing and purchase the right IT solution in one place. COVID-Era Changes.

Cybersecurity

PYMNTS

OCTOBER 13, 2020

In other news, the G7 warned of the utilization of nefarious cyber-attacks – and ransomware, in particular — according to a Tuesday (Oct. The group said that ransomware incidents against banks, medical centers, educational institutions and other “critical infrastructure” in G7 nations has been increasing in scope, complexity and commonness.

Ransomware

PYMNTS

APRIL 12, 2019

What’s clear is that GDPR intends to protect data, and researchers have already found a correlation between GDPR-compliant businesses and lower rates of data breaches – perhaps the result of organizations’ prioritizing and investing more in cybersecurity and data protection initiatives to become compliant.

Cybersecurity

PYMNTS

APRIL 18, 2019

For many, however, the technology still conjures up images of cybercrime and illicit activity, and new data revealing the rising threat of ransomware is likely to fuel that negative reputation. A new report from cybersecurity company Coveware put some numbers behind this trend. The average span of system downtime increased, too, to 7.3

Ransomware

CB Insights

MARCH 27, 2019

Cybersecurity is a hot topic today. Future of Cybersecurity: Trends & Startups To Watch. Future of Cybersecurity: Trends & Startups To Watch. Learn about active cyber defense strategies and what they mean for the future of enterprise cybersecurity. Most recently, Dow Jones saw over 2.4M

Cybersecurity

PYMNTS

DECEMBER 23, 2019

Mastercard is purchasing artificial intelligence (AI) and analytics startup RiskRecon to accelerate the development of cybersecurity solutions, Mastercard announced on Tuesday (Dec. Cyberattacks have become a critical issue for companies of all sizes and a threat to privacy and data security.

Cybersecurity

PYMNTS

APRIL 28, 2017

was the number one target for ransomware last year. To start, ransomware threats escalated globally through 2016 in size, number and kind. Likewise, they registered a 36 percent increase in ransomware attacks globally in the same period. It’s no surprise, then, that the written amount of ransomware has gone up and that the U.S.

Ransomware

Global Fintech & Digital Assets

DECEMBER 11, 2023

Covered financial institutions now face heightened expectations in relation to cybersecurity governance, risk assessment, and incident reporting. Key Amendments “Class A” Companies The Amendments create a new category of covered entities — deemed “Class A” companies — with heightened cybersecurity obligations.

Cybersecurity

VISTA InfoSec

NOVEMBER 7, 2023

Additionally, organizations need to comply with data privacy requirements including understanding Digital Personal Data Protection. What is Cybersecurity? Put simply, cybersecurity is any security system that protects our digital assets. Mutli-Factor Authentication (MFA) isn’t a new concept.

Authentication

FICO

DECEMBER 23, 2020

We predict a continued expansion in the use of AI/machine learning in financial services in such key risk areas as cybersecurity, customer onboarding, sanctions screening, transaction monitoring, etc. There Will Be More Ransomware Attacks and Potential Sanctions Risk Implications. Regulators Will Zero in on Closing the Gaps.

Financial Crimes

PYMNTS

OCTOBER 12, 2020

The draft statement seen by Reuters indicated that any electronic currency system would have to be “appropriately supervised and regulated so that they would not undermine financial stability, consumer protection, privacy, taxation or cybersecurity.”.

Regulations

The Finance Weekly

DECEMBER 30, 2021

Moreover, how do you ensure data quality, security, and privacy as cybersecurity breaches stubbornly persist? Malware attacks, especially ransomware attacks, are on the rise. The following are a few practical considerations as waves of new technology continue coming our way.

Technology

VISTA InfoSec

JANUARY 29, 2024

This includes viruses, worms, Trojans, spyware, ransomware, keyloggers, rootkits, and malicious code, scripts, and links. VISTA InfoSec has over 30 years of cybersecurity and data privacy expertise. Malware can infiltrate the network through various business-approved activities. Our upcoming post will cover Requirement 6.

PCI DSS

PYMNTS

JULY 13, 2018

But just as the enterprise faces greater exposure to cybersecurity threats as processes are digitized, the interconnectivity and digitization of fleets leaves the door wide open for an attack. “And as such, they are subject to many of the same cybersecurity risks as an enterprise server or network.” ” In the U.S.,

Risk

PYMNTS

AUGUST 23, 2016

He will serve alongside BVP Partner David Cowan, who cofounded cybersecurity companies VeriSign, Good Technology and Defense.net, and Authentic8 CEO Scott Petry, who founded the email security company Postini. But it’s not only consumers who are at risk. Business are increasingly a target for computer hackers.

Encryption

FICO

MARCH 8, 2017

Whether stealing data or demanding payment for ransomware, “bloodsucking” is one of the kinder adjectives used to describe cyber criminals. FICO® Cybersecurity Solutions deliver exactly that, allowing enterprises to identify emerging cyber threats and fight cyber crime in real-time. First, they’re afraid of the light.

Encryption

FICO

MARCH 8, 2017

Whether stealing data or demanding payment for ransomware, “bloodsucking” is one of the kinder adjectives used to describe cyber criminals. FICO® Cybersecurity Solutions deliver exactly that, allowing enterprises to identify emerging cyber threats and fight cyber crime in real-time. First, they’re afraid of the light.

Encryption

PYMNTS

JULY 3, 2019

The industry’s cybersecurity spend is slated to reach $65 billion by the end of the decade, according to a 2017 report by Cybersecurity Ventures, which found that ransomware attacks on hospitals are expected to quadruple during that time space.

Payment APIs and Integration

PYMNTS

AUGUST 4, 2017

Cyberattacks, ransomware attacks and more have taken businesses and people’s personal information and turned it upside-down over the past few decades. “Instead, tell customers [and/or] partners exactly where it is stored and link to those privacy policies as needed. They can make informed choices from there.”

Posting

PYMNTS

JULY 14, 2017

The WannaCry ransomware in May crippled hospitals, railways and government in more than 150 countries: the biggest cyberattack on the books, affecting hundreds of thousands of computers. Few paid up, but with systems down for days or weeks, bottom lines certainly suffered regardless. Some businesses and governments are readier than others.

Data Breach

PYMNTS

APRIL 30, 2018

Understanding that the brave new world of connectivity also creates a set of challenges, the European Commission has begun outlining guidelines for companies in the space and promoting heightened cybersecurity to keep citizens’ personal data safe. Recent history indicates data breaches are becoming more common — and more severe.

Rules

The Fintech Times

DECEMBER 11, 2023

Today, we bring you insights from industry leaders regarding the changing dynamics of cybersecurity threats and trends in 2024, including AI’s impact, behavioural biometrics, fraud prevention, masking and enhanced security for financial services. In turn, this often leads to the reuse of the same password across multiple platforms.

Cybersecurity

PYMNTS

MAY 15, 2017

The massive wave of crypto-ransomware cyberattacks now reported to have hit more than 200,000 computers in 150 countries shouldn’t be just another “look at how smart and cunning and horrible those cybercriminals are” headline. That was also about the same time that we began to see the spike in cyberattacks linked to ransomware.

Bitcoin

Tearsheet

FEBRUARY 8, 2024

Lisa Pollina: In the US, progress toward a digital dollar has been slowed by concerns over issues like privacy, security, and accessibility. While CBDC transactions offer benefits, how are cybersecurity issues such as data protection, espionage, and financial stability addressed? The issue of which is preferable in the US is murkier.

CBDC

FICO

NOVEMBER 4, 2016

President Barack Obama asked , "How do we continue to get all the benefits of being in cyberspace but protect our finances, protect our privacy?" US senators, Homeland Security and other security officials called for more robust cybersecurity for IoT devices. Is your privacy and safety impacted?

Security

PYMNTS

MAY 4, 2020

Speaking specifically to data collection and analysis, he told Webster that the technology deployed “must be secure, and privacy must be considered, but you also have to have data collected and stored and processed by an AI algorithm of some form – inexpensively and quickly. Then you can start making a difference.

Ransomware