At Money 2020—a global event surrounding really everything involving money currently happening in the one and only Las Vegas—one of the topics on everyone’s minds is definitely security, specifically of the digital kind. At this point we know the stats—hackers, fraudsters, and very literal-minded smart contract readers have made top-notchRead More
Post Tagged with: "cybersecurity"
PayPal, Braintree, Shopify and several other key fintech sites were shut down today, apparently as a result of a denial of service attack early this morning on Dyn, an internet service provider. The attack knocked down the sites — we count at least a dozen key fintech sites down — for several hours.Read More
The topic that has been on everyone’s minds this week, aside from the next act in Wells Fargo’s little drama, is cybersecurity. It’s one of those things that businesses of all kinds are constantly thinking about, but only makes a public appearance when something has gone horribly, horribly wrong. LikeRead More
It has been an interesting news cycle in Fintech. First we had Lending Marketplace Meltdown Week. The takeaway: “all this new fangled stuff is messed up and its time to go back to the tried and the true”. Then we had the news that SWIFT, the venerable cross border paymentRead More
EBay today is asking all users to change their passwords due to a cyberattack that has compromised key data. However, according to eBay, financial information, as well as its mobile payment subsidiary Paypal, remain safe. The fear is that PayPal was compromised in the attack. However, eBay maintained that thereRead More
It’s not just Edward Snowden who is getting classified intelligence. Thomas J. Curry, the Comptroller of the Currency, today disclosed that some bankers, vendors and regulators for the first time are getting “classified briefings” on cybersecurity. Curry broke the news today during a speech on cybersecurity and banking before the ExchequerRead More