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Deloitte research found 79 percent of organizations expect merger activity to grow in the coming year, up from 70 percent that said the same for 2018. which suffered a data breach last year as the result of a cybersecurity incident at a third-partyvendor. Such cases have been reported at Ticketmaster U.K.
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. Twenty-nine percent said payment data was compromised, while nearly one-quarter said proprietary company data was exposed.
According to the latest Payments 2022 Playbook: Building A High-Performing Payments Team For Fraud Detection , a PYMNTS study in collaboration with Stripe, digital platforms continue to express discontent with their current fraud strategies, and false positives are compromising their brands, customer relationships, and bottom lines.
eMarketer also projects that P2P payment use will increase 30 percent in 2018, encompassing about 40 percent of U.S. Overall, eMarketer forecasts that the transaction volume of P2P payments will increase by 37 percent in 2018 to reach just over $167 billion this year. . — more than Venmo’s 22.9 million users. million people.
eMarketer also project that P2P payment use will increase 30 percent in 2018 – encompassing about 40 percent of U.S. Overall, eMarketer forecasts that the transaction volume of P2P payments will increase by 37 percent in 2018 to reach just over $167 billion this year. . — more than Venmo’s 22.9 million users. “. million people.
Declared Bankruptcy: 2018. In May 2018, Munchery ceased all operations in Los Angeles, New York, and Seattle, three of the company’s most valuable markets, leaving only its San Francisco business operational. Declared Bankruptcy: 2018. Munchery: Too much money can be a bad thing. Founded: 2011. Total Funding: $117M.
For example, in 2018, 23andMe entered a $300M deal to sell data to drug giant GlaxoSmithKline, while in 2019, MyHeritage experienced a data breach that exposed details from 92M+ accounts. Additionally, the explosion in e-commerce activity increases the amount of sensitive data companies and their vendors need to protect.
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