cybersecurity

cybersecurity

Business payment fraud demands new approaches to account validation

bank account verification risk
Banking Cybersecurity
By Shai Gabay, Co-Founder & CEO, Trustmi When I speak with businesses about B2B payment fraud, most people I talk with are confident their organization is safe. A ...
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Facing Challenges: Credit Unions Struggle with Earnings

credit union profitability drops
Banking Credit Card & Online Fraud Cybersecurity
By Douglas Hall, Founder & CEO, EQUE 2023 proved challenging for US credit unions. As the economic landscape shifted, these financial institutions faced unprecedented obstacles, resulting in record-low ...
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Why shutting-down compliance risks in FI networks is a persistent challenge

network security detection gap
Banking Cybersecurity
Phil Lewis, CEO, Titania Banking and finance organizations, with complex networks, large customer bases and highly desirable data, are prime targets for threat actors. But being a mark is ...
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P2P Payment scams – New developments promise change

P2P fraud prevention
Credit Card & Online Fraud Cybersecurity
By Seth Ruden, Director, Global Advisory Americas at BioCatch Last November, several media outlets suggested that a new set of rules was under consideration for member banks participating ...
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2023 Payment industry leader predictions – Part 1

2023 payment industry predictions
Disruptive Technologies Fintech Payments Trends
Persistence will pay off for payments industry leaders in 2023 Doug Hall “It’s an understatement to say 2022 was challenging for the fintech and payment industry. The impact ...
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Inside the growing payments and financial “scamdemic”

Serious Scamdemic of pandemic fraud attacks
Banking Credit Card & Online Fraud Cybersecurity
There’s no question e-commerce is booming for many reasons during the global pandemic. There’s one other huge growth industry during this same timeframe. It’s something I call a ...
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E-gift cards see 820% jump in malicious attacks in 2020

only 38% use gift cards within 30 days
Credit Card & Online Fraud Cybersecurity
While the popularity of e-gift cards is growing, it’s also accompanied by an increase in malicious attacks with the onset of COVID-19. Among the brands protected by PerimeterX, ...
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Out of Africa: Postbank scam hits 12 million South Africa bank customers

Postbank fraud $3.35 M
Banking Credit Card & Online Fraud Cybersecurity
“Bank heist! How insiders stole millions and threatened the cybersecurity of more than 12 million South African bank customers.” It’s got all the makings of a made for ...
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Latest Magecart e-commerce attack hits nonprofit Australian brushfire donors

Australia brushfires
Credit Card & Online Fraud Cybersecurity
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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Financial services under attack: How DNS security risks affect the sector

DNS security risk for financial institutions
Banking Cybersecurity
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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