Fintech Review

APRIL 20, 2025

This is where cybertech comes in, the application of advanced cybersecurity technologies to protect digital finance. Cybertech sits at the intersection of cybersecurity and fintech. The risks range from phishing and account takeovers to ransomware and insider threats. Attackers pursue data, funds, and access to infrastructure.

Finance 52

Finance Security Fraud Detection Encryption 52

The Fintech Times

DECEMBER 6, 2024

To combat fraud , organisations are committing more resources to cybersecurity measures. Over the past 12 months, 58 per cent of surveyed SMEs said they had to deal with phishing scams. Mollies research found that they spend an average of 15 daysor 120 hourseach year managing and mitigating fraud-related issues.

Account Takeovers 80

Account Takeovers Phishing Small Business Cybersecurity 80

Fintech News

JUNE 10, 2024

The authorities urge organisations to adopt robust cybersecurity measures to protect against these attacks. Organisations should create and save copies of important files to external and offline storage devices, including immutable copies, to allow for system restoration in the event of a cybersecurity incident.

Ransomware 105

Ransomware Authorization Phishing Cybersecurity 105

Neopay

JANUARY 22, 2025

Phishing attacks: AI-generated content enables fraudsters to create highly personalised and convincing phishing emails that bypass traditional detection methods. of all detected fraud attempts in the financial and payments sector, marking a critical turning point for cybersecurity.

AI 59

AI Deepfake Phishing Audit 59

PYMNTS

DECEMBER 28, 2020

As the distribution of the COVID-19 vaccine continues to roll out to medical workers and high-risk populations, the Financial Crimes Enforcement Network (FinCEN) is asking financial institutions to be extra vigilant when it comes to cybersecurity. .

Fincen 127

Fincen Suspicious Activity Report (SAR) Scams Federal Trade Commission 127

VISTA InfoSec

SEPTEMBER 5, 2024

This article explores the most common cyber security threats targeting SMEs, practical measures to mitigate risks, and essential steps to take in the event of an attack. Common threats for SMEs include phishing, malware, insider threats, and social engineering. Lets get started. Lets get started.

Security 130

Security Phishing Ransomware Risk Assessment 130

VISTA InfoSec

OCTOBER 21, 2024

This article explores the most common cyber security threats targeting SMEs, practical measures to mitigate risks, and essential steps to take in the event of an attack. Common threats for SMEs include phishing, malware, insider threats, and social engineering. Let’s get started. Let’s get started.

Security 130

Security Phishing Ransomware Risk Assessment 130

The Fintech Times

MAY 15, 2024

In a move to bolster cybersecurity and protections for AI models against hacking and sabotage, the UK government has officially unveiled a host of new measures, which also hope to set a new global standard. The codes set out requirements for developers to make products more resilient against tampering, hacking, and sabotage.

Cybersecurity 72

Cybersecurity Governance Government AI 72

VISTA InfoSec

DECEMBER 19, 2024

But as digital thieves and cyberattacks became more sophisticated targeting the financial sector, it led to the rise of cyber security cases which is why SWIFT introduced the SWIFT Customer Security Programme (CSP), a set of cybersecurity requirements designed to protect the global financial ecosystem.

SWIFT 130

SWIFT Cybersecurity PCI DSS Compliance 130

Fintech News

JUNE 6, 2024

Recent phishing and fraudulent cases involving multiple banks in Singapore have highlighted the severity of this issue and the urgent need for banks to enhance their security measures. DBS isn’t the only bank making news for phishing scams. US$129,841).

Scams 107

Scams Phishing Deepfake Verification 107

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 107

Ransomware APACS Cybersecurity AI 107

VISTA InfoSec

AUGUST 8, 2023

It can affect productivity, but you can mitigate the impact of attacks by deploying protective gear and training systems for your business and employees. But a cybersecurity report shows that 43% of data breaches involve small businesses. In essence, small businesses that ignore cybersecurity only do so at their own peril.

Small Business 130

Small Business Encryption Ransomware Cybersecurity 130

Segpay

FEBRUARY 21, 2024

Generative AI in Security: Advanced Threat Detection: Generative AI is a game-changer in cybersecurity, providing advanced threat detection capabilities. This proactive approach enables organizations to detect and mitigate potential security breaches before they escalate, significantly enhancing overall cybersecurity.

AI 105

AI Innovation Fraud Detection Encryption 105

VISTA InfoSec

JUNE 21, 2023

Businesses with a dedicated cybersecurity team, who are likely to have identified the breach initially, should secure any systems, patch software, change access codes, and so on. They will help analyze the threat, the extent of the breach, and how to mitigate it.

Data Breach 130

Data Breach Breach Law Enforcement Cybersecurity 130

PYMNTS

FEBRUARY 20, 2019

Cybersecurity experts are urging small business (SMB) owners to not ignore the risks they face from cyberattacks. In its announcement , Mastercard noted that providing educational resources for small businesses to mitigate the risk of cyberattacks not only helps the individual businesses, but supports the economy at large.

Cybersecurity 56

Cybersecurity Visa Data Breach Small Business 56

PYMNTS

AUGUST 28, 2018

Phishing scams remain one of the most popular ways a cyberattacker can target a small business. But the phishing scam is also evolving to target the C-suite itself. Employees should be trained to identify phishing scams, but the whaling tactic highlights the need for businesses to train their leadership teams, too.

Phishing 40

Phishing Scams Small Business Cybersecurity 40

VISTA InfoSec

OCTOBER 21, 2024

The added anonymity provided by such wallets can help prevent phishing and other humancentric attacks that could compromise your funds or personal data. A decent level of personalization will give you more control over your funds and help mitigate damage from unauthorized transactions.

Cryptocurrency 162

Cryptocurrency Multifactor Authentication MFA Compromise 162

Seon

JUNE 27, 2024

Such uncertainty is unwelcome in cybersecurity and fraud. Both fields are defined by their abilities to predict, prevent and mitigate risks. This potential evolution compounds the circumstances regarding how the technology will impact fraud and cybersecurity measures, presenting significant risks and transformative opportunities.

Cybersecurity 52

Cybersecurity Fraud Detection Identity Theft Money Laundering 52

PYMNTS

SEPTEMBER 21, 2019

They’re just a few basic rules of thumb for small business owners to help mitigate the risk of a cyberattack, according to Matrix Integration; however, as president Nathan Stallings warns, as cyberattacks become more sophisticated, so much small businesses’ mitigation tactics. ” The U.S.

Data Breach 80

Data Breach Breach Small Business Business Email Compromise 80

PYMNTS

OCTOBER 30, 2018

Corporate cybersecurity is an ever-increasing focus of government entities, with the U.S. Late last week, the FTC rolled out a series of informational resources for nonprofits and small businesses (SMBs) to heighten awareness and understanding of cybersecurity threats and how to mitigate them.

FTC 73

FTC Cybersecurity Small Business Federal Trade Commission 73

VISTA InfoSec

JULY 29, 2024

Theaddedanonymity provided by such wallets can help prevent phishing and other humancentric attacks that could compromise your funds or personal data. A decent level of personalization will give you more control over your funds and help mitigate damage from unauthorized transactions.

Cryptocurrency 130

Cryptocurrency Multifactor Authentication MFA Compromise 130

Innovative Payments Association

MAY 20, 2024

When companies think about cybersecurity, their first instinct is to think about what technology they have in place to stop hackers. Cultural Defenses Train Your Employees – Let them know what phishing e-mails look like and create ways for them to verify requests that don’t rely on a potentially hacked system.

Cybersecurity 52

Cybersecurity FBI Law Enforcement Crime 52

PYMNTS

MAY 17, 2017

If you’re one of the many, many companies recently targeted by WannaCry , you’ve just been handed a harsh reality check in the importance of enterprise cybersecurity. Maybe you had ignored previous warnings or felt cybersecurity technology was unnecessary. Or maybe you actually had cybersecurity measures in place that failed.

Cybersecurity 49

Cybersecurity AI Ransomware Phishing 49

PYMNTS

MARCH 12, 2018

The company just launched its Data Breach Readiness solution designed specifically for small- and medium-sized businesses, which often don’t have the resources to invest in both fraud prevention and mitigation solutions. According to Thompson, employee education is “the best solution for preventing a data breach.”.

Small Business 54

Small Business Cybersecurity Risk Assessment Data Breach 54

Stax

MARCH 4, 2024

Taking precautions to implement security measures such as secure firewalls and cybersecurity training helps to protect cardholder data and other sensitive information. It’s also critical to ensure card information is protected from data breaches with secure encryption and cybersecurity standards in place.

PCI DSS 88

PCI DSS Payment Security Security MFA 88

PYMNTS

JANUARY 20, 2017

In this week’s Hacker Tracker , Radware shares its global cybersecurity research on what’s really motivating cybercriminals, a Gmail phishing attack targets savvy users and the U.S.’s There is a vast market for mitigating attacks in progress and for defending against threats, both new and established, that grow in severity by the day.

Phishing 45

Phishing Ransomware EMV CHIPS 45

The Fintech Times

JUNE 20, 2024

So what can firms do to better mitigate this risk? David Atkinson , CEO of SenseOn , the cybersecurity firm, explains why financial organisations should understand vulnerabilities, defend against evolving cyber threats and how leveraging technology that can actively flag and isolate serious threats will decrease the damage.

Risk 59

Risk Cybersecurity Data Breach Ransomware 59

The Fintech Times

DECEMBER 19, 2024

Proactive fraud prevention today not only mitigates risk, but also future-proofs operations against costly penalties.” . “With increasingly sophisticated fraud tactics on the uptick, organisations must prepare for stricter AI and compliance rules.

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Automation AI Fraud Prevention Deepfake 59

PYMNTS

JANUARY 7, 2020

Visner of the National Cybersecurity Federally Funded Research and Development Center (FFRDC) — managed by nonprofit MITRE , in support of the NIST National Cybersecurity Center of Excellence — said it’s important to put the cyberthreats, and Iran’s willingness to deploy them, in context. Visner noted that the U.S.

Phishing 58

Phishing Cybersecurity Mitigation Risk 58

PYMNTS

AUGUST 23, 2017

How confident do you feel in your ability to handle and mitigate the situation? Oh, and don’t forget phishing and social impersonation. You there, corporate decision-maker. Are you ready to respond to a cyber threat? If the answer is “not very,” you’re in good company. That’s a good thing. Second, the process.

Phishing 40

Phishing Online and Mobile Banking Mitigation Crime 40

PYMNTS

DECEMBER 8, 2020

That's in part due to the fact that corporates are accelerating their move online, too, to mitigate pandemic-related disruption and meet their customers where they are. As NETSCOUT Area Vice President of Engineering, Threat and Mitigation Products Hardik Modi told PYMNTS, cybersecurity is now top of mind for many of these firms.

FBI 71

FBI Business Email Compromise Scams Mitigation 71

PYMNTS

MAY 4, 2020

A 2018 study on payment fraud mitigation reported that 75 percent of financial institutions (FIs) experienced fraud losses. Three common forms of fraud that can threaten credit unions (CUs) are check fraud, card fraud and automated clearing house (ACH) fraud, and fraudsters often deploy phishing emails to deceive and defraud customers.

Phishing 56

Phishing Credit Union Breach Data Breach 56

PYMNTS

AUGUST 9, 2018

Small business software firm Womply is rolling out its cybersecurity solution designed to safeguard companies’ online presence, the company announced on Wednesday (Aug. based small businesses in particular, Womply noted, adding that cyber threats like phishing are not the only issues that can affect a company’s online reputation.

Phishing 40

Phishing Small Business Cybersecurity Scams 40

PYMNTS

NOVEMBER 17, 2020

For merchants focused on sustainable growth, successfully mitigating fraud becomes increasingly important, and ever more so during the holiday season,” Rahul Pangam , co-founder and CEO of Simility, told PYMNTS. Fraudsters know that higher transaction volumes and a demand for fast processing times leave merchants vulnerable to attacks.

Volume 72

Volume Transactions Account Takeovers Phishing 72

Nanonets

NOVEMBER 14, 2023

The cybercriminal proceeds to infiltrate the company's email system through methods like phishing emails or email account spoofing, particularly targeting key employees. According to Gartner’s 2022 Gone Phishing Tournament Report , a concerning 44% of employees click on email phishing links.

Email Compromise 52

Email Compromise Business Email Compromise Compromise Phishing 52

EBizCharge

OCTOBER 25, 2023

Now more than ever, businesses are focusing on preventing data breaches and implementing response protocols to mitigate breaches if they occur. Phishing attacks trick individuals into disclosing their login credentials or other sensitive information through deceptive emails or websites.

Data Breach 52

Data Breach Best Practices Breach Phishing 52

Fintech News

JANUARY 16, 2024

These include cybersecurity threats fuelled by generative AI, high mortgage rates and inflation challenges, and potential commercial real estate market disruptions. Banks must proactively plan and adapt to mitigate these risks effectively.

AI 114

AI Risk Non-Bank On-Demand 114