VISTA InfoSec

JUNE 26, 2024

The Impact of Cybersecurity on Businesses & What an Investor Should Consider Cybersecurity measures protect systems, networks, and data from digital attacks like malware, phishing attacks, and ransomware because cybersecurity breaches impact a business negatively.

Cybersecurity 260

Cybersecurity Due Diligence Security Breach 260

VISTA InfoSec

MAY 12, 2024

While it’s still technically possible to process traditional swipe cards, malicious parties have found it easy to circumvent their security, which makes accepting them a clear risk. Many cyberattacks specifically target people through phishing and other kinds of social engineering.

PCI DSS 277

PCI DSS Security Compromise Best Practices 277

Fintech Finance

DECEMBER 6, 2024

Compared to OTPs, which are increasingly vulnerable to online scams such as phishing, SIM swapping, and message interception, payment passkeys make transactions not only faster, but also more secure against fraud and scams. For issuers, this is an alternative to have their cardholders authenticated, reducing fraud risk.

Visa 98

Visa Authentication Scams Payments 98

Fintech News

MARCH 11, 2025

The newly formalised group operates under Visa’s Payment Ecosystem Risk and Control (PERC) division and prevented more than US$350 million in attempted scams in 2024. Scammers sent phishing links disguised as legitimate verification sites via dating platforms, enrolling victims in recurring billing cycles.

Scams 88

Scams Blocks Law Enforcement Laws 88

Payments Source

OCTOBER 10, 2019

Cybercriminals have become extremely adept at crafting emails that are indistinguishable from legitimate emails, says Valimail's Peter Goldstein.

Phishing 121

Phishing Risk Payments 121

PYMNTS

JULY 25, 2019

billion people send around 269 billion emails every single day – this type of online communication is vulnerable to phishing attacks. Recent research indicates 30 percent of targeted attempts are made via phishing emails, and that 15 percent of victims are repeat targets.

Phishing 69

Phishing Fraud Detection Automation Ransomware 69

PYMNTS

MAY 28, 2020

These threats reflect a resurgence in hacking and phishing attempts by cyber criminals as the commercial and government-backed attackers try to seize opportunities for scams amid the COVID-19 pandemic, Google wrote. The at-risk accounts include leaders in financial services, consultants, and healthcare corporations in the U.S.,

Phishing 70

Phishing Law Enforcement Scams Credential 70

The Fintech Times

NOVEMBER 27, 2024

Technology has given fraudsters new life, and while many are experimenting with new methods of attack, older forms of attack such as phishing have also risen to new highs. The BBB Scam Tracker Risk Report has found that 80 per cent of people targeted by such scams have lost money.

Phishing 64

Phishing Scams Money Laundering AI 64

The Payments Association

JANUARY 13, 2025

Enhanced fraud detection systems, stronger preventive measures, and consumer education are essential steps to counter the growing risks of APP scams. Other Channels Exploited Email services and search engines are targeted via phishing emails and fraudulent ads, redirecting victims to fake websites or impersonated organisations.

Scams 88

Scams Romance Scams Phishing Volume 88

Payments Source

SEPTEMBER 20, 2020

Netwalker attacks are known to target victims using phishing emails disguised as COVID-19 updates from their organization, taking advantage of the heightened fears and anxieties that come with the current pandemic, says Stealthbits Technologies' Dan Piazza.

Phishing 167

Phishing Technology Ransomware Risk 167

Fintech Finance

DECEMBER 4, 2024

Specifically, more than half (58%) dealt with phishing scams in the past 12 months, where scammers pretended to be trusted companies to steal their personal information through email. Many small businesses lack the resources to cover a single fraudulent incident, and without support and action, we risk stifling business innovation and growth.

Account Takeovers 104

Account Takeovers Small Business Phishing Scams 104

Payments Source

NOVEMBER 27, 2018

The continued trend of “spear phishing” and “catfishing” only serves to highlight the complex work required to identify genuine from fraudulent, writes Steven Goddard, product manager for risk at The ai Corporation (ai).

Phishing 68

Phishing Authentication AI Risk 68

The Payments Association

APRIL 22, 2025

Enhanced fraud detection systems, stronger preventive measures, and consumer education are essential steps to counter the growing risks of APP scams. Other Channels Exploited Email services and search engines are targeted via phishing emails and fraudulent ads, redirecting victims to fake websites or impersonated organisations.

Scams 88

Scams Romance Scams Crime Online and Mobile Banking 88

The Fintech Times

MARCH 12, 2025

AI-generated deepfakes , synthetic identities and hyper-targeted phishing attacks are just some of the cyberthreats on the rise. Integrated seamlessly through an API-first approach into Intergiros innovative platform, our technology strengthens security without adding friction, setting new benchmarks for digital trust and risk management.

Embedded Finance 72

Embedded Finance Finance Deepfake Payment APIs and Integration 72

VISTA InfoSec

SEPTEMBER 5, 2024

The risk of cyber attacks for companies is increasing and can significantly disrupt their operations, have negative financial consequences and damage their reputation. 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.

Security 130

Security Phishing Ransomware Risk Assessment 130

VISTA InfoSec

OCTOBER 21, 2024

The risk of cyber attacks for companies is increasing and can significantly disrupt their operations, have negative financial consequences and damage their reputation. 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.

Security 130

Security Phishing Ransomware Risk Assessment 130

Fintech News

NOVEMBER 10, 2024

This information allows threat actors to create more convincing phishing emails or other forms of engagement between threat actors and victims. In H1 2024, Visa PFD’s Global Risk Investigations (GRI) team recorded a 6% decrease in digital skimming incidents targeting either e-commerce merchants or third-party providers, compared with H2 2023.

Ransomware 109

Ransomware Data Breach Scams AI 109

Neopay

JANUARY 22, 2025

Generative Artificial Intelligence (GenAI) is revolutionising many industries, but with this innovation comes significant risks. Phishing attacks: AI-generated content enables fraudsters to create highly personalised and convincing phishing emails that bypass traditional detection methods.

AI 59

AI Deepfake Phishing Audit 59

PYMNTS

FEBRUARY 11, 2020

New data was released this week with an urgent, albeit not necessarily unexpected, message: ransomware and other phishing attacks continue to dramatically spike, with more frequent and more expensive attacks hitting businesses and government entities of all sizes. B2C Brands’ B2B Risks. The New York Times reported Sunday (Feb.

Phishing 58

Phishing PayPal Ransomware Cybersecurity 58

PYMNTS

APRIL 24, 2020

The phishing expedition, as explained by AbnormalSecurity.com , requests the recipient’s signature for PPP documents. Victims who provide their email login information would be put their sensitive information at risk, the report said. Anti-phishing company INKY said these schemes are among the most sophisticated-looking they’ve seen.

Phishing 63

Phishing Scams IRS Law Enforcement 63

PYMNTS

JUNE 1, 2020

Google issued a stark warning last week about the state of cybersecurity: Phishing attacks are on the rise and continue to take advantage of vulnerabilities resulting from the global pandemic. The warnings signal a surge in hacking and phishing attempts, Google said, with cybercriminals using the coronavirus as a backdrop to their tactics.

Phishing 59

Phishing Continuity Data Breach Cybersecurity 59

Fintech News

JULY 9, 2024

Announced by the Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS), this move aims to better protect customers from phishing scams. Phishing scams were among the top five scam types last year, with at least S$14.2

Phishing 106

Phishing Scams Online and Mobile Banking Credential 106

The Fintech Times

FEBRUARY 14, 2025

Enhanced selfie and fraud detection tools are necessary to protect social media engagement, ensure account authenticity, and prevent the risks posed by fake accounts. As a result, a full 30 per cent of identity fraud attacks targeted social media in Q4, compared to a mere three per cent in Q1.

Deepfake 78

Deepfake APACS Law Enforcement Fraud Detection 78

Payments Source

JULY 2, 2018

Phone-based customer service opens opportunity for voice phishing, or "vishing," and other types of attacks linked to card not present transactions, according to Rafael Lourenco, an executive vice president at ClearSale.

Phishing 79

Phishing Risk Transactions ISOs 79

Fintech News

MARCH 24, 2025

In response to these threats, 66% of businesses are considering partnering with a technology or payments provider that offers a chargeback liability guarantee to mitigate risks. Phishing Phishing is one of the most common scam tactics in Singapore. In 2024, phishing scams were the third most concerning type of scam in Singapore.

Phishing 52

Phishing Scams Payments Online and Mobile Banking 52

Fintech Finance

FEBRUARY 20, 2025

Runa , the leading global fintech infrastructure for the next generation of payouts experiences, today announced the launch of Runa Assure, a security suite specifically built to fortify payout processes against threats of fraud, cyberattacks, and compliance risks.

PCI DSS 86

PCI DSS Security Payment APIs and Integration MFA 86

VISTA InfoSec

JANUARY 29, 2024

Users are protected against phishing attacks through anti-phishing mechanisms. This includes employee e-mail (for instance, via phishing), internet usage, mobile computers, and storage devices, leading to the exploitation of system vulnerabilities. Malware can infiltrate the network through various business-approved activities.

PCI DSS 130

PCI DSS Phishing Best Practices Procedures 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 105

Scams Phishing Deepfake Verification 105

The Fintech Times

FEBRUARY 17, 2025

Plus, we dive into cybersecurity challenges, proactive AI governance, and the evolving risks of AI-driven scams. Could handing more control to AI mean less human oversight in critical decisions, or even open the door to new risks in fraud detection and compliance? Happy reading! These are the challenges that cant be ignored.

FinTech 59

FinTech Romance Scams Scams AI 59

Fintech Review

APRIL 20, 2025

However, as services become more digitised, the risks multiply. In the financial sector, it includes fraud detection, threat intelligence, data encryption, biometric verification, and risk monitoring. The risks range from phishing and account takeovers to ransomware and insider threats.

Finance 52

Finance Security Fraud Detection Encryption 52

Fintech News

DECEMBER 17, 2024

The new offering aims to address the rising fraud risks in digital asset transactions. It integrates advanced features, including know-your-customer (KYC) name matching, fraud alerts, proof of crypto delivery, and transaction risk scores.

Transactions 106

Transactions Identity Theft Security Phishing 106

PYMNTS

JUNE 29, 2020

Open banking comes with security risks, however, as a hacker that manages to breach an open banking API can hijack all of the apps that harness this interface to gather data. Security Risks Facing Open Banking. FIs may reap benefits for engaging in open banking, but not everyone may embrace it the same way.

MFA 96

MFA Risk Security API 96

The Fintech Times

DECEMBER 6, 2024

Over the past 12 months, 58 per cent of surveyed SMEs said they had to deal with phishing scams. Many small businesses lack the resources to cover a single fraudulent incident, and without support and action, we risk stifling business innovation and growth.

Account Takeovers 80

Account Takeovers Phishing Small Business Cybersecurity 80

PYMNTS

MAY 5, 2020

“Fraudsters are finding increasingly sophisticated ways to beat the system to commit financial fraud, however,” including big spikes in phishing attempts. ” Phishing, Smishing and the Value of Education . It never ceases to amaze how tireless and creative bad actors are about stealing your money.

Credit Union 95

Credit Union Smishing Phishing Credit Union Service Organization 95

Fintech News

SEPTEMBER 22, 2024

A new report by LexisNexis Risk Solutions explores the state of digital fraud, revealing a 17% increase in digital fraud attacks within the financial services sector in 2023. Payment fraud, in which stolen payment credentials are used to make illegal transactions, rose by 9% YoY, signaling heightened financial risks for banks.

Accounts 142

Accounts Scams Bots Account Takeovers 142

Clearly Payments

JULY 16, 2024

This article covers the fraud risks and statistics associated with different industries, exploring the factors contributing to these risks and offering strategies to reduce fraud. Fraud rates are extremely difficult to get 100% accurate, however they provide an overview of the fraud activity and risk in an industry.

Risk 52

Risk Identity Theft Phishing Account Takeovers 52

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