The Fintech Times

DECEMBER 11, 2023

. “Identity providers will also continue to be targeted, with modern defensive postures being able to bypass controls like multi-factor authentication while threat actors will continue to target third-party vendors to scale their attacks. In fact, our claims data has shown a significant increase in this activity.

Cybersecurity 139

Cybersecurity Ransomware Authentication AI 139

PYMNTS

MAY 13, 2016

Wendy’s order appears to finally be up, as it were, with Sophos’ Naked Security having found, within the burger chain’s report on its first quarter results, the following statement (under the heading “Update on investigation into unusual payment card activity”): “[Wendy’s] believes that malware, installed through (..)

Breach 43

Breach Third Party Vendors Law Enforcement Credit Union 43

PYMNTS

NOVEMBER 15, 2016

Making matters even more complicated, it’s not only cyberthieves that can compromise a business’ data: Environmental disasters could disrupt computer systems, for instance. SMEs need to develop a plan of action if and when an event occurs, as well as a plan to recover any compromised data. Back To Basics.

Security 76

Security Cybersecurity Small Business Third Party Vendors 76

PYMNTS

SEPTEMBER 30, 2019

Rather, it comes in the form of how that organization connects to its customers, business partners and suppliers — all third parties over which an organization has no control. While businesses are often aware of the security risks of their enterprise apps, Foxhoven said they’re often not aware of alternatives to VPNs.

Cybersecurity 57

Cybersecurity Third Party Vendors Compromise End User 57

PYMNTS

JUNE 20, 2019

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.

B2B 73

B2B Fraud Detection Third Party Vendors Payments 73

PYMNTS

AUGUST 20, 2018

Historic compromises have included small to medium-[sized] financial institutions [FIs], likely due to less robust implementation of cybersecurity controls, budgets or third-party vendor vulnerabilities.

FBI 40

FBI Zelle ATM Credit Cards 40

PYMNTS

AUGUST 20, 2018

Historic compromises have included small to medium-[sized] financial institutions [FIs], likely due to less robust implementation of cybersecurity controls, budgets or third-party vendor vulnerabilities.

FBI 40

FBI Zelle Credit Cards ATM 40

CB Insights

JUNE 6, 2019

data records were compromised in the first half of 2018 alone, according to the Breach Level Index, highlighting the importance of adequate digital security measures. The Secret Service informed Altrec that the attackers had exploited a vulnerability in the payments processing system of a third-party vendor. More than 4.5B

Breach 78

Breach On-Demand Product Acquirers 78

CB Insights

JULY 23, 2020

However, as an unprecedented portion of the workforce has been relegated to working from home, IT teams have faced new challenges, from less than optimal at-home network security to more targeted business email compromise schemes. A failure to do so would have major financial and reputational consequences.

Posting 101

Posting Cybersecurity Returns Online and Mobile Banking 101

PYMNTS

JUNE 10, 2019

Reuters , citing the White House Office of Management and Budget, reported the government needs two more years to issue the rules that require third-party vendors and contractors to not purchase or use equipment of the Chinese company. This is about ensuring that companies who do business with the U.S.

Third Party Vendors 51

Third Party Vendors Governance Government CHIPS 51

PYMNTS

JUNE 26, 2019

Reuters , citing the White House OMB, reported the government needs two more years to issue the rules that require third-party vendors and contractors to not purchase or use equipment of the Chinese company. This is about ensuring that companies who do business with the U.S.

Federal Trade Commission 40

Federal Trade Commission Third Party Vendors Governance Government 40