PYMNTS

MAY 2, 2019

Last year saw record levels of venture capital pumped into cybersecurity startups, and researchers at Gartner expect companies to increase cybersecurity spend by 9 percent between 2018 and 2019, reaching $124 billion. A recent research report released by eSentire found that indeed, vendors present a significant cyber risk to organizations.

Data Breach

PYMNTS

OCTOBER 7, 2019

P-cards were used to settle those fraudulent invoices, the allegations say, and the money went to those managers and the third-party vendor. Separately, researchers at Agari are warning of Silent Starling, the newest cybercriminal ring using a Vendor Email Compromise (VEC) scam to steal company cash from supply chains.

Scams

PYMNTS

NOVEMBER 15, 2016

Small businesses aren’t getting their cybersecurity strategies right, according to new evidence from researchers. Separate research released this month suggests that, indeed, SMEs need to start with the basics. And with consequences ranging from data theft to noncompliance penalties, the stakes are high.

Security

PYMNTS

JUNE 20, 2019

According to their research, by combining the red flag approach with the processing mining, which extracts data from actual processes and their event logs, the instance of false positives can be significantly reduced. The issue of false positives is quickly becoming the biggest fraud concern for digital platforms.

B2B

PYMNTS

JUNE 29, 2018

disclosed it had suffered a data breach, the company also revealed the cause of the cybersecurity incident: a third-party vendor. But researchers also found that the practice of de-risking, which involves either exiting a third-party relationship or altering it, is on the rise. When Ticketmaster U.K.

Cybersecurity

PYMNTS

MARCH 8, 2019

According to research from Santander Business , as much as half of all U.K. million through a program he had set up to find and commission third-party vendors, amid deal-making for products used in Cisco manufacturing efforts. firms are vulnerable to that type of fraud. Former Global Supply Chain Director Prithviraj R.

Third Party Vendors

PYMNTS

NOVEMBER 22, 2019

“Is it something that we can look at the governance structure at these third-party providers? The Bank Service Company Act gives financial regulators the power to audit third-party vendors that offer banking services, Ashton said. Can we look at their overall compliance management program?”.

Federal Reserve

PYMNTS

SEPTEMBER 29, 2017

The system combines a closed-loop financial network with strong regulatory approval for China-based sellers and rigorous vetting of third-party vendors, thus offering a degree of security far beyond conventional online payment methods, such as credit cards. We are happy we have been granted a payment institution license here.

Governance

PYMNTS

DECEMBER 16, 2019

Recent research supports that point. That part of the business is so important, in fact, that instead of farming those tasks out to a third-party vendor, the company has its own in-house analytics shop, Yacoub noted. “We Rising Costs. As PYMNTS has covered , the average U.S. We can do it in real time,” he said.

Consumer

PYMNTS

NOVEMBER 15, 2018

the percentage of companies that faced a data breach because of a vendor or third party was higher at 61 percent, which is up 5 percent from last year and 12 percent from 2016. In a press release announcing the results of the survey of more than 1,000 CISOs and other security and risk professionals across the U.S.

Data Breach

PYMNTS

AUGUST 4, 2017

Although data breaches have seen a decline from 22 percent down to 19 percent, according to Thales e-Security and 451 Research’s 2017 Thales Data Threat Report , an overwhelming 88 percent of senior security executives still feel vulnerable to cyberattacks.

Posting

The Fintech Times

JUNE 20, 2024

As organisations rely on third-party vendors for various services like cloud computing, payment processing or customer service, these external relationships can introduce vulnerabilities if proper oversight and due diligence aren’t conducted.

Risk

PYMNTS

FEBRUARY 12, 2019

The case highlights the risks and challenges companies face in not only vetting their suppliers, but vetting their suppliers’ suppliers, with third-party vendors a potential source of non-compliance for importers. The 156 shipments could have yielded a maximum fine of more than $40.8 million, reports said, but e.l.f.

Settlement

PYMNTS

JUNE 16, 2016

Vesta’s research with Javelin shows that digital goods merchants will employ nearly five times the fraud personnel as physical good merchants. Therefore, many retailers are turning to third-party providers to support payment and fraud management instead.

Third Party Vendors

PYMNTS

AUGUST 24, 2018

Then there’s Walmart and its marketplace for third-party vendors, many of whom have found something to complain about this week: a new upgrade. Dimensional Research said only 20 percent of firms are fully compliant, and as many as 90 percent of firms state they will be compliant at the end of this year.

Rules

Nanonets

MARCH 22, 2023

Organizations dealing with sensitive financial data may be hesitant to use a third-party vendor for their AP processes. Information via testimonials, user reviews, or feedback can highlight the vendor’s performance history. Hence they might want to consider AP Automation instead.

Accounts

PYMNTS

AUGUST 20, 2018

“Historic compromises have included small to medium-[sized] financial institutions [FIs], likely due to less robust implementation of cybersecurity controls, budgets or third-party vendor vulnerabilities. Autonomous Research found that subprime credit card balances at seven big banks in the U.S.

FBI

Stax

MARCH 15, 2025

This also means that your customers won’t have to deal with too many third-party vendors, because any concerns they have regarding software, features, and payment processing can be handled under your roof. As such, its critical that you do research and select the right payments provider.

Enrollments

PYMNTS

AUGUST 20, 2018

“Historic compromises have included small to medium-[sized] financial institutions [FIs], likely due to less robust implementation of cybersecurity controls, budgets or third-party vendor vulnerabilities. Autonomous Research found that subprime credit card balances at seven big banks in the U.S.

FBI

Nanonets

MAY 31, 2023

The operation of any business hinges on the procurement of essential goods and services from third party vendors.  While The procurement process could include purchase planning, determination of standards, research into vendors, selection of vendors, price negotiation, financing, ordering, receipt, and inventory control.

Process

CB Insights

MARCH 2, 2018

Research from Morgan Stanley projects the online retail market will explode from $15B in 2016 to $200B in 2026. As of February 26, Amazon will begin Fulfillment By Amazon (FBA) service for third-party vendors, and will potentially ship its private-label Amazon Essentials brand in the future.

On-Demand

The Fintech Times

DECEMBER 11, 2023

. “Identity providers will also continue to be targeted, with modern defensive postures being able to bypass controls like multi-factor authentication while threat actors will continue to target third-party vendors to scale their attacks. In fact, our claims data has shown a significant increase in this activity.

Cybersecurity

CB Insights

JULY 23, 2020

While some studies suggest that low doses of certain forms of UVC light, such as far-UVC, are safe for humans, more research is needed to understand the efficacy of light purification technology for sanitizing. Source: CB Insights, Bank of America, US Dept of Commerce, ShawSpring Research. Source: NPR via Twitter.

Posting

CB Insights

MAY 15, 2019

Working with FCAT, the charity searched for third-party vendors and iterated testing on compliance with legal and regulatory requirements to be able to accept Bitcoin. Key people: Carlos Kuchkovsky, Head of Research and Development New Digital Business. BBVA — Innovation Labs. Founded: 2007. Commerzbank — Main incubator.

Innovation

CB Insights

JUNE 6, 2019

The Secret Service informed Altrec that the attackers had exploited a vulnerability in the payments processing system of a third-party vendor. The post 11 Lessons From Startup Chapter 11s appeared first on CB Insights Research.

Breach

CB Insights

NOVEMBER 9, 2017

Some of the fail-related research we’ve issued includes: The Downround Tracker. Different parties disagree about which side was responsible — Khosla Ventures or [chemical engineer Paul] O’Connor and the CEO — but most agree that KiOR made poor hiring decisions as it staffed up. 242 Startup Failure Post-Mortems. via Fortune.

Online and Mobile Banking

VISTA InfoSec

APRIL 1, 2025

Biotechnology: For research and innovation in biological substances. Even third-party vendors who handle electronic data for these industries must comply. The regulation primarily affects companies in the following sectors: Pharmaceuticals: For drug development and testing.

Legal

The Fintech Times

MAY 24, 2025

per cent of breaches impacting top fintech companies originated from third-party vendors. Furthermore, fourth-party exposures accounted for an additional 11.9 Third-party breaches arent edge casesthey reveal structural risk. per cent, more than double the global average. It also highlights that 18.4

Cybersecurity