Tag: Cybercrime

Stay updated on cybercrime impacting payments and banking. PaymentsJournal offers expert analysis on the latest threats and strategies for enhancing cybersecurity in the financial industry.

Elder Abuse: A Financial Red Flag for Banks and Families

by Tracy Kitten

June 13, 2024

In 2023, reports of elder fraud plagued financial advisers and the families of the victims who were targeted by cybercriminals. ...

Sophisticated UK Phishing Platform Shut Down by Law Enforcement

by Tom Nawrocki

April 18, 2024

After three years of operating with impunity, the massive phishing site LabHost has been shut down by UK law enforcement ...

Medline and InComm Payments to Enhance OTC Product Purchasing Experience for Health Plan Members

Hospitals, Pharmacies Still Scrambling to Get Paid After Cyberattack

by Tom Nawrocki

March 1, 2024

The cyberattack on payments processor Change Healthcare has left crucial reimbursement systems down for nine days since its discovery, and ...

Cyberattacks Are Ramping Up, but Companies Still Lag in Defenses

by Connie Diaz De Teran

January 23, 2024

New research from Trustpair revealed that 83% of companies were targeted by cyberattacks in the past 12 months, resulting in ...

Payment Security in the Digital Age: Strategies to Safeguard Customer Transactions

by Miles Oliver

November 8, 2023

It’s an unfortunate fact: financial services institutions make a compelling target for cybercriminals. Research from 2022 shows that the finance ...

As Cybercrime Increases, Financial Institutions Must Remain on Guard

by PaymentsJournal

September 12, 2023

Amid a rapidly evolving digital landscape, cybercrime continues to be a persistent and growing threat for financial institutions, which need ...

DeFi Exactly and Harbor Protocols Face Fresh Wave of Attacks

by Josh Einis

August 24, 2023

In a recent spate of security breaches, the decentralized finance (DeFi) world has again fallen prey to hackers, this time ...

black box fraud solutions, Password Alternatives in Tech

The Costly Limitations of Black Box Fraud Solutions

by Armen Najarian

June 30, 2023

The recent emergence of generative AI (artificial intelligence) tools such as ChatGPT has captured the world’s attention, including that of ...

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5 Ways to Protect Your Financial Institution from a Cyberattack

by Cheryl Chiodi

May 26, 2023

While the financial services industry has long been a preferred target of cybercriminals, the threat of cyberattacks against financial institutions ...