PYMNTS

SEPTEMBER 21, 2019

20 percent of Business Email Compromise scams request payroll diversions new data from the Anti-Phishing Working Group (APWG) revealed in a report published last week. Only 15 percent say they are confident about supply chain cyber risk mitigation strategies.

Data Breach 80

Data Breach Breach Small Business Business Email Compromise 80

PYMNTS

APRIL 10, 2019

The Association of Financial Professionals released new data this week that revealed the threat of payments fraud continues to climb, particularly for large enterprises, as scams like ACH fraud and the Business Email Compromise climb to record levels. But the latest analysis of U.S.

Risk 54

Risk Risk Mitigation Risk Management Data Breach 54

PYMNTS

SEPTEMBER 14, 2020

Despite a rising understanding of the importance of third-party cyber risk mitigation efforts, such incidents as these continue to occur — and amid the pandemic, the volume of attacks is on the rise. As a supplier of computing software services, Blackbaud is only the latest example of how cyberattacks aren't isolated to its targets.

Breach 52

Breach Multifactor Authentication Ransomware Email Compromise 52

PYMNTS

JANUARY 23, 2017

Businesses face mounting risk thanks to things like geopolitical uncertainties and regulation but are also threatened by something as seemingly arbitrary as group chat platforms. But researchers questioned whether the increase is due to more breaches or simply more publicly available data on the topic.

Risk 43

Risk AFP Identity Theft Email Compromise 43

PYMNTS

FEBRUARY 20, 2019

Citing 2018 data from Verizon, Mastercard noted research that suggested the majority of cyberattacks are actually targeted at SMBs, ranging from phishing scams and the Business Email Compromise (BEC) to malware and ransomware attacks.

Cybersecurity 56

Cybersecurity Visa Data Breach Small Business 56

PYMNTS

NOVEMBER 9, 2017

More than a third (36 percent) of survey respondents said fraud monitoring and risk mitigation are the areas in which CFOs are most falling short. That’s followed closely by performance risk management and strategic/operational risk management, each cited by 32 percent of survey respondents as areas in which CFOs fail to deliver.

Risk Management 43

Risk Management Risk Treasury Email Compromise 43

PYMNTS

SEPTEMBER 9, 2016

Faster Payments Risk-Mitigating Capabilities. While faster payments require heightened awareness and preparation for potential risks, they also equip these companies with capabilities to mitigate some risks. By identifying the peak transaction times, institutions can determine if the transactions can be spread out.

Same Day ACH 40

Same Day ACH ACH ODFI Faster Payments 40