CB Insights

NOVEMBER 7, 2017

To better understand auto suppliers’ moves, we identified the 5 automotive suppliers most active in private markets since 2014 and used our social graph tool to analyze this cohort’s bets through 2017 to date (10/31/2017). Auto Tech Trends.

Cybersecurity 40

Cybersecurity Acquirers Database Automation 40

PYMNTS

AUGUST 14, 2017

Researchers at FireEye, the security firm, said in a research report covered by Reuters that the Kremlin hackers were aiming to steal the password credentials for business travelers and Western government officials using Wi-Fi networks in hotels mainly in eight countries in Europe. We just don’t have the smoking gun yet.”

Cybersecurity 66

Cybersecurity Phishing Government Governance 66

PYMNTS

OCTOBER 27, 2019

China’s congress has passed a cryptography law to promote crypto development and ensure sound cybersecurity, according to a report from Xinhuanet , China’s news agency, on Saturday (Oct. The decree also underlines the training of talent in cryptography and will offer awards for “outstanding contributions.”.

Digital Currency 43

Digital Currency Laws Cybersecurity Money Laundering 43

PYMNTS

APRIL 19, 2016

The hack, which was first reported back in 2014, has resurfaced again as still being active, and essentially, it lets anyone — government, hacker, etc. Karsten Nohl , the German security researcher who first discovered the vulnerability, recently demonstrated the hack for the CBS show “60 Minutes.”

Cybersecurity 42

Cybersecurity Risk Privacy CHIPS 42

PYMNTS

AUGUST 15, 2017

Marcus Hutchins, a 23-year-old British cybersecurity researcher and employee of L.A.-based based Kryptos Logic, was arrested earlier this month in Las Vegas for building and selling malicious code known as “Kronos,” which was used to hack into and steal banking credentials between July 2014 and 2015. On Monday (Aug.

Law Enforcement 44

Law Enforcement Cybersecurity FBI Ransomware 44

PYMNTS

DECEMBER 3, 2018

According to a report in the Wall Street Journal citing cyber security specialists, the breach in which the personal information of as many as 500 million customers was exposed began in 2014, going undetected until September of 2018. The hack could hurt Marriott’s reputation at a time when it’s fighting off the likes of Airbnb.

Breach 49

Breach Database Cybersecurity Credit Cards 49

PYMNTS

AUGUST 8, 2019

Facebook acquired WhatsApp in 2014 and was alerted to the security issue in 2018. At the Black Hat cybersecurity conference held earlier this month in Las Vegas, Check Point’s head of product vulnerability research Oded Vanunu said Facebook blamed the flaws on “limitations that can’t be solved due to their structure and architecture.”

Checks 55

Checks Cybersecurity Encryption Crime 55

PYMNTS

NOVEMBER 14, 2016

From corporate use of Airbnb to SMEs’ confidence in cybersecurity, PYMNTS takes a look at the factors causing small businesses across the globe to either waver or grow in their confidence for the future. $77 The findings signal a need for corporations to “reboot” their cybersecurity strategies, Accenture concluded.

On-Demand 75

On-Demand Data Breach Data Security Small Business 75

PYMNTS

NOVEMBER 15, 2016

Research by Kaspersky Lab revealed that when the holiday shopping season unofficially kicks off on Block Friday, the number of financial phishing attacks is expected to surge. Over the last few years, researchers have noted that the peak season for sales can also be a peak busy season for cybercriminals. In 2015, 34.33

Phishing 72

Phishing Blocks Research Transactions 72

PYMNTS

JULY 13, 2016

The Federal Reserve has taken cybersecurity to task with its latest efforts to consider safeguards for the financial services sector, but the Fed isn’t the only U.S. government entity looking at cybersecurity. Congressional lawmakers last week heard testimony on the risks small businesses face with regards to cybersecurity.

Risk 40

Risk Cybersecurity Small Business Federal Reserve 40

PYMNTS

JANUARY 27, 2020

Fraudsters’ attempts to access systems and steal valuable information are becoming more innovative, and research suggests they are also increasingly successful. The same report found that the total cost of a data breach had risen 12 percent since 2014. Businesses have good reason to be concerned about data breaches.

Phishing 99

Phishing Data Breach Breach Fraud Prevention 99

PYMNTS

JUNE 20, 2016

Last month, new research emerged that indicated the involvement of the same hackers behind the 2014 hack on Sony Pictures. It involves complete filling of the file with the random data to occupy all associated disk sectors, before the file is deleted,” the researchers noted in their report.

FBI 40

FBI Crime Fed Research 40

PYMNTS

JUNE 13, 2016

According to researchers, the data suggests corporate treasurers need to take a multi-layered approach to cybersecurity, and that includes across all payment processes. According to researchers, the data suggests corporate treasurers need to take a multi-layered approach to cybersecurity, and that includes across all payment processes.

Research 41

Research Government Governance Finance 41

PYMNTS

JULY 21, 2020

Those factors, along with a host of non-bank financial services opening up since 2014 when the State Bank of Vietnam launched a guideline for intermediary payment services, have led to a need for better ways to verify that people are who they say they are.

Verification 72

Verification Fraud Prevention Non-Bank Compliance 72

PYMNTS

APRIL 21, 2017

This coming from the recent research report published by the Threat Lab of digital security hardware and solutions provider WatchGuard. Many will remember it from when the Melissa virus was a major cybersecurity threat back in 1999, Nachreiner said. WatchGuard has been tracking the resurgence of macro-based malware since 2014. “I

Phishing 57

Phishing Cybersecurity Encryption Compromise 57

PYMNTS

JULY 1, 2016

As of 2014, the mobile phone penetration rate in Singapore was 148 percent. Between 2011 and 2015, the government allocated $16 billion to help accelerate Singapore’s research, innovation and enterprise landscape. Singapore’s GDP was roughly $407 billion in 2015. Startups are estimated to employ nearly 300,000 on the island nation.

Bitcoin 53

Bitcoin Cybersecurity Innovation Governance 53

PYMNTS

JANUARY 8, 2020

By using secret card-reading devices and pinhole cameras at various locations, Rusu and others were able to commit a widespread bank fraud conspiracy that targeted various banks in Massachusetts, New York and New Jersey from August 2014 to November 2016, according to law enforcement.

Law Enforcement 52

Law Enforcement ATM Credit Cards Crime 52

PYMNTS

JUNE 1, 2017

Symantec Security, a leading security research firm, raised this concern in a recent blog post. Researchers highlighted the case of a Russian cybercriminal, who was nicknamed Igor by Symantec analysts. Researchers believe the cybercriminal was seeking large financial payouts.

Governance 46

Governance Government Research Legal 46

PYMNTS

APRIL 25, 2016

The market saw its first tech IPO, an SME cybersecurity company, and we have the details on how much it raised. billion is at risk for SMEs facing a Brexit , according to World First Research. The research was based on exchange rate fluctuations and their impact on U.K. billion worth of the industry in 2014.

Commercial Card 40

Commercial Card On-Demand Cybersecurity Finance 40

The Fintech Times

JULY 30, 2024

During this time, firms have had to pay 30 per cent more, as costs rose from $3.5million in 2014 to $4.45million in 2024. With research conducted by the Ponemon Institute , the report found that many fintech teams are understaffed. The cost of data breaches has been on a steady incline for the past decade.

Data Breach 59

Data Breach Breach AI Law Enforcement 59

PYMNTS

OCTOBER 28, 2019

A security researcher discovered that credit card-stealing malware was inserted into the code of the American Cancer Society’s online store, according to TechCrunch. The first Magecart group started as early as 2014, when it would set its sights on thousands of sites and then store the stolen data.

Credit Cards 40

Credit Cards Research Security Addressing 40

PYMNTS

OCTOBER 28, 2019

A security researcher discovered that credit card-stealing malware was inserted into the code of the American Cancer Society’s online store, according to TechCrunch. The first Magecart group started as early as 2014, when it would set its sights on thousands of sites and then store the stolen data.

Credit Cards 40

Credit Cards Research Security Addressing 40

PYMNTS

OCTOBER 4, 2017

“Certainly, this makes the hack look worse than Verizon and the rest of us thought, but I don’t know that that materially changes the valuation of Yahoo as a company or the ongoing cost of dealing with the hack,” said Jan Dawson, an analyst at Jackdaw Research. government has accused Russia of directing the 2014 hack.

Identity Theft 40

Identity Theft Breach Data Breach Wires 40

CB Insights

AUGUST 1, 2018

In this research briefing, we dive into how industrial IoT is bringing digitization to manufacturing organizations. CYBERSECURITY IS A PRIORITY. And in 2014, a sophisticated cyber attack resulted in physical damage at a German steel plant when an outage prevented a blast furnace from being shut down correctly.

Cybersecurity 54

Cybersecurity Gateways AI Ransomware 54

PYMNTS

MAY 20, 2016

Though the news of TeslaCrypt’s end is good, albeit very unexpected news for both victims and security researchers, the fight against ransomware remains an uphill battle. That is an apparent pickup from 2014, though the comparisons are imperfect because 2014 saw a change to the current data collection method.

Ransomware 40

Ransomware FBI Shutdown Bitcoin 40

PYMNTS

APRIL 20, 2016

New research from Google shows our online websites may not be as safe as we thought they were. In a Google Research blog post , the company explained: “When Google works directly with webmasters during critical moments like security breaches, we can help 75 percent of webmasters re-secure their content.

Breach 42

Breach Scams Compromise Research 42

CB Insights

OCTOBER 2, 2018

GET THE 39-PAGE CYBERSECURITY REPORT. Learn why quantum computing and ‘hacking-back’ could be the future of enterprise cybersecurity. Cybersecurity startups focused on data are gaining visibility as threats increase. However, Facebook and Amazon are not the only Big Tech companies with a need to innovate in data security.

Data Security 58

Data Security Encryption Security Data Breach 58

PYMNTS

FEBRUARY 22, 2018

But there are drawbacks: According to Blissfully , a SaaS management tool for the enterprise, SMBs doubled their SaaS adoption rates after 2014 — and quadrupled them after 2015. SaaS fatigue is hardly a new phenomenon, and researchers have been warning about the many ways it can negatively affect the enterprise.

API 54

API Small Business CRM B2B 54

PYMNTS

APRIL 5, 2016

Take what happened just last week, when the TREASUREHUNT malware, from out nowhere (as is predominantly the inherent business model, as it were, of malware), escalated from its initial version that had been around since late 2014 to suddenly pose the very real threat of capturing credit card details directly from retail point-of-sale (POS) systems.

Data Security 40

Data Security Security EMV Point-of-Sale (POS) 40

PYMNTS

JANUARY 27, 2017

The SEC will investigate whether Yahoo’s disclosures about the cyberattacks aligned with civil securities laws that require firms to disclose cybersecurity issues at the point they become of material interest to investors. Yahoo disclosed a breach of 500 million users’ data in Sept. 2013 had compromised even more user data.

Data Breach 71

Data Breach Breach Security Risk 71

PYMNTS

FEBRUARY 10, 2017

In this week’s Hacker Tracker , PYMNTS was joined by Alex Cagnoni, CEO of Datablink , who shared some interesting insights on some of the latest news across the cybersecurity landscape. The research showed that during 2016 there was a resurgence in existing card fraud, which saw an increase of 40 percent in card-not-present fraud.

Account Takeovers 56

Account Takeovers CHIPS Chip Cards Fraud Detection 56

PYMNTS

DECEMBER 18, 2017

Reports said Adindu was arrested in 2016 and allegedly carried out business email compromise scams between 2014 and 2016. “I think the judge accurately assessed his relatively minor role in this conspiracy,” said Adindu’s lawyer, Gary Conroy. The business email compromise is an increasingly common fraud method targeting businesses.

Scams 41

Scams Email Compromise Compromise Wire Transfer 41

Fintech Labs Insights

OCTOBER 20, 2020

Founded: 2014. Description: Cybersecurity for financial institutions. Metrics – 350 employees including 150 researchers and developers – 80+ customers in USA, EU, and India – 50% CAGR past 5 years. Founded: 2014. The MVP company will automatically receive a slot to present at Finovate next year. Cirrus Secure.

FinTech 15

FinTech Non-Bank Visa Cybersecurity 15

Fintech Labs Insights

AUGUST 22, 2024

Only 17 have gone out of business, mostly in the 2014 to 2017 vintage, which makes sense as well-funded startups usually last at least 5 years. And prior to 2014, the line-up was smaller and highly curated. PwC: Maintains leadership in consulting, expanding services in digital transformation and cybersecurity.

Online and Mobile Banking 15

Online and Mobile Banking Acquirers Payment APIs and Integration AI 15

PYMNTS

AUGUST 10, 2016

In fact, the venture and entrepreneurial ecosystem grew by 20 percent from 2014 to 2015 alone. The Olympics attracts a lot of people,” Thomas Fischer, principal threat researcher at Digital Guardian, told Fast Company. Brazil’s tech industry has been relatively immune to some of the economic slowdown that has impacted the country.

Innovation 40

Innovation Online and Mobile Banking Credit Cards Phishing 40

PYMNTS

DECEMBER 1, 2017

Vietnamese cybersecurity researchers are saying that the iPhone X’s Face ID is not secure enough to use in business transactions. That makes nine out of Microsoft’s 14 independent board members who have been appointed since CEO Satya Nadella took the wheel in February 2014.

Payment APIs and Integration 46

Payment APIs and Integration Enrollments NOV On-Demand 46

CB Insights

AUGUST 3, 2017

Gupta later called Shah in 2014 to introduce him to the CARMERA concept. Data Collective (aka ‘DCVC’) led a massive $102M Series A round into Element AI – a Montreal-based company that creates research-driven AI solutions for businesses – in Q2’17. Select Investors: Data Collective, Intel Capital, Microsoft Ventures, Tencent Holdings.

AI 34

AI Security Cybersecurity Product 34