PYMNTS

MAY 23, 2019

Kaspersky Lab, a cybersecurity and anti-virus company, has reported a rise in a specific malware intended to steal money and credentials from people’s bank accounts. In Q4 of 2018, mobile Trojans made up 1.85 Victor Chebyshev, a security researcher at Kaspersky Lab, said the attacks are becoming more sophisticated by the day.

Mobile Banking 83

Mobile Banking Cybersecurity Credential Security 83

FICO

OCTOBER 11, 2018

October 2018 marks the 15 th annual National Cybersecurity Awareness Month , and today, FICO is making big news: we have teamed with the U.S. Chamber of Commerce to help all American businesses be more aware of, and better manage, their cybersecurity risk. businesses. The ABCs of the ABC. Today’s inaugural ABC gives U.S.

Assessments 68

Assessments Cybersecurity Data Breach Risk 68

CB Insights

MAY 9, 2019

Banks and their venture arms are increasingly backing cybersecurity startups. Download the free report to find out 2019’s trends, opportunities, and high-momentum startups in the cybersecurity space. In 2018, firms such as J.P. GET THE 100-PAGE cyber defenders REPORT. Morgan Chase & Co., Morgan Chase & Co.,

Cybersecurity 47

Cybersecurity Participant Research Posting 47

CB Insights

MARCH 27, 2019

Cybersecurity is a hot topic today. Future of Cybersecurity: Trends & Startups To Watch. Future of Cybersecurity: Trends & Startups To Watch. Learn about active cyber defense strategies and what they mean for the future of enterprise cybersecurity. Most recently, Dow Jones saw over 2.4M

Cybersecurity 76

Cybersecurity Encryption Data Breach Breach 76

Fintech News

JUNE 3, 2024

Despite its rapid growth, the APAC region remains the second smallest cyber insurance market globally, S&P Global says, a statement that aligns with findings of a Moody’s survey which revealed strong cybersecurity oversight among APAC players compared to global counterparts. trillion annually by 2025.

Ransomware 82

Ransomware APACS Cybersecurity AI 82

FICO

AUGUST 15, 2018

The number of UK firms with cybersecurity insurance has risen in the past year — but less than half say their cyber insurance covers all risks. While this is substantially better than the 24 percent reported across all 11 countries surveyed, only 38 percent of UK respondents said their cybersecurity insurance covers all risks.

Cybersecurity 49

Cybersecurity Underwriting Risk On-Demand 49

PYMNTS

MARCH 5, 2019

A new report by Kaspersky Lab, the Moscow-based cybersecurity and anti-virus company, has revealed that attacks on mobile devices with malware doubled from 66.4 million in 2018, according to a press release from the company. In 2018, the number of mobile users who interacted with malware went up 774,000, reaching 9,895,774.

Ransomware 55

Ransomware Cybersecurity Blocks Security 55

CB Insights

FEBRUARY 27, 2019

In 2018, 14 European startups reached unicorn status, led by Roivant Sciences with its $7B valuation. The companies on our list operate across industries including healthcare, cybersecurity, transportation, and more. Using CB Insights data, we identified all the Europe-based startups that have reached a $1B+ valuation in 2018.

CHIPS 76

CHIPS Cybersecurity Debit Card Governance 76

CB Insights

OCTOBER 18, 2018

Corporations increased the number of times they mentioned cybersecurity on earnings calls nearly three-fold since 2014, according to CB Insights data. The increase in cybersecurity talk is not surprising given the fact that last year stolen data records worldwide exceeded 2 billion for the first time.

Cybersecurity 57

Cybersecurity Encryption Data Breach Data Security 57

The Fintech Times

APRIL 27, 2024

“More specifically, ensuring that organisations have a process to receive and fix vulnerabilities is already a best practice recommended by many of the most widely adopted cybersecurity frameworks and standards. However, many have proven fallible to cybercriminals who are increasingly finding new ways to breach their security.

API 124

API Cybersecurity Authentication Security 124

Fintech News

JANUARY 17, 2024

Less than two months ago, Aspire had opened its new headquarters in Singapore , aiming to enhance its role in fintech research and development (R&D) within the region. The company shared that it also had plans to double its fintech-specialised workforce in Singapore to 300 by 2025.

Cybersecurity 84

Cybersecurity Small Business International Payments Facilitators 84

FICO

JULY 11, 2018

In a new survey on cybersecurity conducted by research and consultancy firm Ovum for FICO, three out of four senior IT executives at UK firms said they are better prepared for data breaches than their competitors, and 43 percent said their firm was a top performer. You can read more in our report Views from the C Suite Survey 2018.

Cybersecurity 45

Cybersecurity Data Breach Breach Assessments 45

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.

Breach 49

Breach Database Cybersecurity Credit Cards 49

PYMNTS

JUNE 26, 2018

Cybersecurity was once seen as purely a matter of technology, but more and more, security experts are bundling issues such as personal privacy, politics, business, ethics and risk into the package. Black Hat has conducted this survey annually since 2015, with the most recent survey being conducted in May of 2018.

Cybersecurity 50

Cybersecurity Cryptocurrency Data Breach Privacy 50

PYMNTS

JUNE 26, 2018

Cybersecurity is no longer an afterthought for today’s enterprise. Spend is still going up, too, as KPMG ‘s report found a 23 percent increase in the number of professionals prioritizing cybersecurity investments this year compared to last. The tactic relies on employee ignorance, not on system weaknesses, to find success.

Cybersecurity 43

Cybersecurity Data Breach Breach Email Compromise 43

PYMNTS

AUGUST 10, 2018

The new findings gathered by Juniper Research and published in its report, “The Future of Cybercrime & Security: Threat Analysis, Impact Assessment & Leading Vendors 2018-2023,” shows that there will be a staggering increase of 175 percent in cybercrime in 2023. The research also found that the U.S.

Cybersecurity 43

Cybersecurity Breach Data Breach Research 43

The Fintech Times

FEBRUARY 5, 2024

Despite many organisations putting forward a defensive stance that they will never pay out a ransomware attack, research from Cohesity , the AI-powered data and security firm, has revealed that over 97 per cent of UK firms have paid a ransom in the last two years. The research also showed the importance of being able to respond and recover.

Ransomware 115

Ransomware Data Security Data Breach Breach 115

CB Insights

FEBRUARY 13, 2020

While companies are heavily investing directly in cybersecurity technologies to prevent these attacks, they’re also increasingly purchasing cyber insurance policies to protect themselves in case of an attack. ” — Warren Buffett, 2018. Want the full expert post? Want the full expert post? Become a CB Insights customer.

Data Breach 71

Data Breach Cybersecurity Risk Management Breach 71

PYMNTS

JULY 11, 2018

The Internet of Things (IoT) cybersecurity solutions market is poised to hit $6 billion globally by 2023, according to a new study from Juniper Research. Vendors see that risk as low, while little has been done from a regulatory perspective to protect consumers,” said research author Steffen Sorrell.

Security 46

Security Cybersecurity Research Risk 46

PYMNTS

DECEMBER 24, 2019

In a recent series of attacks, security researchers claim they have found indications that a hacking group linked to the Chinese government has been going around two-factor authentication (2FA). In separate news, Czech cybersecurity company Avast was hacked by an outside actor suspected to have ties to China.

MSPS 52

MSPS Law Enforcement Cybersecurity Government 52

PYMNTS

FEBRUARY 28, 2019

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. According to experts, cybersecurity is becoming an increasingly difficult hurdle to clear during a merger. ” Business Partners At Risk.

Risk 65

Risk Data Breach Third Party Vendors Cybersecurity 65

PYMNTS

MAY 2, 2019

Organizations are ramping up cybersecurity investments in response to the ever-climbing threat of data breaches and cyberattacks. A recent research report released by eSentire found that indeed, vendors present a significant cyber risk to organizations. million business email compromise scam.

Data Breach 55

Data Breach Third Party Vendors Breach Cybersecurity 55

PYMNTS

NOVEMBER 24, 2019

Our cybersecurity team discovered and shut down malicious, unauthorized access to some information related to your T-Mobile prepaid wireless account. In August 2018, T-Mobile told customers in a blog post that a cyber-attack exposed the personal information of about 3 percent of its users. We promptly reported this to authorities.

Data Breach 81

Data Breach Breach Social Security Risk 81

CB Insights

JANUARY 19, 2018

Research Briefing: Game Changing Startups of 2018. From our spot at the world’s largest tech convention, we rounded up a few trends we’re looking out for in 2018 and beyond: Track all the CES 2018 startups in this post and many more on our platform. All the companies at CES 2018 with relevant CB Insights data.

AI 55

AI Cybersecurity Use Case Product 55

PYMNTS

JANUARY 18, 2018

In its Global Banking Outlook 2018 survey , EY assessed 221 financial institutions across 29 markets. Meanwhile, European FIs are notably less optimistic than the rest, researchers found, as they navigate a notoriously heavy-handed regulatory climate. Cybersecurity. Competitive Disruption.

Regulations 62

Regulations Innovation FinTech Cybersecurity 62

PYMNTS

NOVEMBER 9, 2018

In fact, more than one-third of consumers had their PII compromised in the last year, First Data’s 2018 Consumer Cybersecurity Study found. According to recent research, 50 percent of merchants claim to have fallen victim — up from just 19 percent one year prior. How Neiman Marcus Safeguards Purchases When Sales Surge .

AI 76

AI Authentication Account Takeovers Cybersecurity 76

FICO

NOVEMBER 1, 2018

Our second annual cybersecurity survey has revealed some interesting insights into business attitudes in India. Completed in partnership with independent research company Ovum the telephone survey covered 500 senior executives in 11 countries. Indian Firms Are Overly Confident About Their Cybersecurity. Want to learn more?

Risk 40

Risk Cybersecurity Data Breach Assessments 40

PYMNTS

DECEMBER 24, 2018

The term “artificial intelligence” (AI) has become so often used in 2018 that it has become something of a buzzword — and the catchall solution named for every problem from cybersecurity to more frictionless checkout. Kirk Bresniker, chief architect of Hewlett Packard Labs for HPE.

ISOs 60

ISOs ISVS AI Non-Bank 60

PYMNTS

DECEMBER 4, 2017

McAfee Labs recently published its 2018 Threats Predictions report , and after a year of high-profile cyberattacks and data breaches, analysts say the threat won’t let up in the new year. In this week’s B2B Data Digest, PYMNTS dives into new research about small businesses’ data security and cybersecurity efforts.

Small Business 54

Small Business Data Security PCI DSS Data Breach 54

PYMNTS

AUGUST 9, 2019

The government reportedly temporarily shut down the platform in the wake of the cyberattack upon advice from cybersecurity experts. A cyberattack has shut down the governmental eProcurement system of the southwestern Indian state of Karnataka, reports in The New Indian Express said on Thursday (Aug.

Ransomware 43

Ransomware Cybersecurity Government Governance 43

PYMNTS

JANUARY 21, 2019

According to a report by The Independent and cybersecurity firm Sixgill , a hacker will access someone else’s credit card information, and then use it to create a Fortnite account and buy V-bucks, which is the game’s currency. A new report has revealed that Fortnite’s in-game currency is being used to launder money from stolen credit cards.

Money Laundering 84

Money Laundering Law Enforcement Credit Cards Scams 84

PYMNTS

APRIL 4, 2019

The latest research in small business cybersecurity has revealed the relentless nature of the threat, with new strategies emerging and new strains of ransomware rearing their ugly heads. ” Beazley researchers found that the mean for ransomware attack demands was $10,310, though one incident saw a demand for $8.5

Ransomware 63

Ransomware Phishing Direct Deposit Business Email Compromise 63

PYMNTS

OCTOBER 15, 2018

In July, a study from Juniper Research estimated that the IoT cybersecurity solutions market will hit $6 billion globally by 2023, with spending by product and service providers and end customers rising close to 300 percent from now until 2023. billion by 2023; smart buildings, predicted to reach $49.6 billion by 2023.

Software & Service Providers 68

Software & Service Providers Cybersecurity Consulting Research 68

PYMNTS

SEPTEMBER 21, 2019

As lawmakers ponder this risk, PYMNTS highlights some of the newest data points uncovered by researchers examining small business cybersecurity. 60 percent of small businesses would rather give up as much as half of their revenue than lose half of their data following a cyberattack, researchers commissioned by Logically found.

Data Breach 80

Data Breach Breach Small Business Business Email Compromise 80

PYMNTS

JANUARY 8, 2020

Researchers have reported concerns about the timely importance of addressing deep fakes and other types of digital deception amid the backdrop of the upcoming presidential election. . Other studies illustrate that deepfakes can be made with a relatively small amount of “input” material, like pictures or videos, connected to algorithms.

Deepfake 57

Deepfake Consumer Protection Cybersecurity Verification 57

FICO

JULY 30, 2018

It’s a go-to quote because it’s true — and I can’t think of a more applicable area than enterprise cybersecurity risk. At our recent FICO World 2018 conference, I had the pleasure of moderating a panel discussion on “Cyber Risk, Cyber Ratings and Cyber Risk Transfer.” Sasha Romanosky , Policy Researcher, RAND Corporation.

Risk 49

Risk Data Breach Cybersecurity Underwriting 49

PYMNTS

OCTOBER 29, 2020

Organizations that lack financial resiliency may underperform in key areas, according to Evans, citing research conducted by RapidRatings in 2018. It could be a huge symptom of other problems," he said, adding that the research "really confirmed our suspicion that financial risk does bleed over into other risk categories.

Risk 57

Risk Mitigation Assessments Shutdown 57