Cybersecurity

Cybersecurity

loyalty program fraud up 89%
Credit Card & Online Fraud Cybersecurity Loyalty

Loyalty program fraud growing fast; merchants unprepared

When it comes to loyalty program fraud, merchants are unprepared, and consumers are uninformed about the risk to their personal information and their hard-earned rewards according to e-commerce ...
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iGaming fraud report
Chargebacks Credit Card & Online Fraud Cybersecurity

Scams plague online gaming industry, Super Bowl too

In the run-up to the Super Bowl LIV, iovation released its 2020 iGaming Report, providing an analysis of more than 4 billion online gambling transactions from the past ...
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Australia brushfires
Credit Card & Online Fraud Cybersecurity

Latest Magecart e-commerce attack hits nonprofit Australian brushfire donors

What do these companies all have in common? British Airways, Ticketmaster, Newegg, Delta Airlines, Sears, Proctor & Gamble, and Macy’s. If you’re in the payments industry, you might ...
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cyber bot crime growing
Cybersecurity E-commerce Mobile Payments

Holiday sales cheer mixed with bot and mobile cyberattack headaches

The good news is US Black Friday weekend holiday sales grew an estimated 19.7% according to Adobe Analytics. The bad news according to LexisNexis® Risk Solutions (LNRS) is ...
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DNS security risk for financial institutions
Banking Cybersecurity

Financial services under attack: How DNS security risks affect the sector

By Ronan David, EfficientIP The financial services industry has a target on its back. Not from the typical regulatory or compliance issues, or even actual business performance. In ...
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subscription data risk management
Cybersecurity E-commerce Payments Trends

Is your merchant data at risk from your payments provider?

It’s one of the payment industry’s ugly secrets and for companies with a business built on subscriptions, it’s a revenue and business continuity risk that needs very close ...
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$35 million missing in US payroll fraud
Banking Credit Card & Online Fraud Cybersecurity

Cloud payroll company up in smoke, $35 million missing

The $81 billion payroll processing business in the US is normally bedrock solid, made up of longtime players and innovative new payroll-as-a-service (PaaS), cloud-based fintech startups. Like the ...
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drunk shopping research
Cybersecurity E-commerce Payments Technology

US drunk shoppers spent $39.4 billion in 2018

It’s Labor Day, so we thought we’d keep things a little lighter than usual here on Payments NEXT. This just in. Americans have got the message about the ...
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ransomware research
Credit Card & Online Fraud Cybersecurity

US ransomware attacks rising fast; how to protect your organization

New reports show a fast rise in ransomware attacks across the US. Last Friday, 23 Texas towns were hit in a coordinated attack by what is believed to ...
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password problems everywhere
Cybersecurity Payments Technology

Research: Password hygiene is a dirty problem

It’s a growing cybersecurity problem that consumers and business simply can’t seem to clean up. It’s password hygiene and it’s a big challenge according to new research from ...
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