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PYMNTS.com

Google Accelerates Agentic AI Shift With New Enterprise Platform DeFi Security Suffers New Blow With $3 Million Volo Exploit Uninvited Users Access Anthropic’s Mythos AI Model Block and Uber Expand Partnership Across Several Global Markets OpenAI Pledges $1.5 Billion to PE Enterprise AI Project Podcast: Inside the $9 Billion DeFi Hack That’s Shaking Crypto’s Foundations Synchrony CFO Flags Momentum in Spending and Credit Banks Risk Slowing the Emerging Middle Market Firms Driving Growth Paysafe Expands Digital Wallet Availability Across 18 European Markets Bad Data Can Break Good AI in Payments 50% More Digital Shopping Days Put Parents at the Center of Retail’s Shift 65% Call Insurance Essential. Why Most Spending Isn’t So Clear-Cut Amazon Recasts Marketplace Fraud as a Broader Trust Problem Capital One’s Q1 Shifts Attention From Spending to Strategy Lawmakers Question JetBlue About Surveillance Pricing Allegations Small Businesses Stop Chasing Amazon on Delivery Speed Google Embeds AI Into Chrome for 3.5 Billion Users Adobe Plans Outcome-Based Pricing for New AI Product Suite UnitedHealth Spends $1.5 Billion on AI and Wants Double Back MiCA Forces Crypto Firms to Get Licensed or Get Out Prediction Market Kalshi Targets Crypto Perpetuals New York Sues Coinbase and Gemini Over Prediction Markets Amazon and Anthropic Deepen Ties With Investment and Hardware Pact Commercial Loans Show US Economy Defies Sluggish Forecasts The Web Is Gaslighting AI Agents and Nobody Can Tell OCC Enters the Interchange Fight and Raises the Stakes Amazon Dismisses New Evidence in California Antitrust Suit AI Finds Its Best Customer on Main Street Coinbase Opens Services Marketplace for Agentic Commerce Feds Start Processing $127 Billion in Tariff Refunds for Importers Zenskar Raises $15 Million For Agentic-Powered Revenue Automation Payments Modernization Is Insurance’s Next Big Margin Engine How Visa Is Rewiring Bank Infrastructure for the AI Era Instant Payments Grow but the Real Barrier Is Human The Old-School Card Product Banks May Need Most 43% of SMBs Would Pay to Make Purchases in Installments The Real AI Edge in Payments Comes From Better Judgment In the Age of Agentic AI, Data Control Is Power Verizon’s Dan Schulman Tells CEOs to Be Open About AI Job Cuts Walmart Eyes Stores as Warehouse Space for Same-Day Delivery QVC Was TikTok Shop Before TikTok Shop Loop Raises $95 Million to Bridge Supply Chain Data Gap Cursor Eyes $50 Billion Valuation as AI Coding Demand Surges Commercial Lending Rescues Regional Banks From Consumer Slowdown Anthropic and White House Aim to Make Peace in Friday Meeting Home Depot Buys SIMPL Automation to Support Same-Day Delivery The Riskiest Words in B2B: This Is How We’ve Always Done It France Urges Euro Stablecoins to Break Dollar Dependency Importers Prep for Monday Opening of Tariff Refund Portal Permitting Hurdles and Labor Shortages Threaten AI Data Center Timelines Token Freezes Force CFOs to Rethink Stablecoin Risk X Money Tests Whether Social Commerce Can Hold Consumer Deposits Anthropic Briefs EU Regulators on Mythos Cybersecurity Concerns Welcome to Vibe Ordering, ChatGPT Is Taking Your Order Now Nvidia Says AI Can Finally Make Quantum Computing Work QVC Files Chapter 11 to Slash Debt and Pursue Growth Uber Eats Lets Customers Return Their Retail Purchases Financial Officials Sound Alarm About Anthropic’s Banking Risk 71% of Billion-Dollar Firms Face Agent Identity Threats What If Clearing Had Its Stripe Moment? 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Cyber Experts Say DHS Funding Cuts Have Stalled Security
PYMNTS · 2026-05-01 · via PYMNTS.com

By  |  April 30, 2026

 | 

Earlier this month, the White House announced funding cuts at the Homeland Security Department’s cyberdefense unit.

Now, cybersecurity experts and lawmakers are warning that those cuts and earlier staff departures have hindered the ability of the Cybersecurity and Infrastructure Security Agency (CISA) to work with the private sector and opened the door to threats.

During a House subcommittee hearing on Wednesday (April 29), lawmakers warned that CISA is facing a crisis of capacity, Federal News Network reported.

Rep. Delia Ramirez (D-Ill.) revealed that the agency has lost approximately one-third of its total workforce over the past year The Stakeholder Engagement Division, which manages private-sector coordination, suffered the biggest hit, losing 96 of its 189 staff members since early last year.

“It’s ironic to talk about modernizing DHS… when Trump has been on a vindictive campaign to dismantle CISA,” Ramirez stated, highlighting a fiscal 2027 budget request that would further slash the Stakeholder Engagement Division to just 62 positions.

The impact of these cuts is being felt acutely across the industry, the report added. Scott Algeier, executive director of the IT-ISAC, testified that the dissolution of the Critical Infrastructure Partnership Advisory Council (CIPAC) last year removed the essential legal framework for strategic engagement.

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“As a result, most of the work with CISA is at a standstill,” Algeier warned, noting that adversaries continue to attack with impunity while a promised replacement for the council has failed to materialize.

PYMNTS reported earlier this month that the White House’s budget for 2027 calls for a $707 million cut to CISA, bringing its funding to $2.2 billion.

The Office of Management and Budget (OMB) said in the budget that the new allocation reverts CISA to its original mission, removes programs that duplicate others at the state and federal levels, and does away with programs focused on so-called misinformation and propaganda.

“The Budget refocuses CISA on its core mission — Federal network defense and enhancing the security and resilience of critical infrastructure — while eliminating weaponization and waste,” OMB said in the budget. “CISA was more focused on censorship than on protecting the Nation’s critical systems, and put them at risk due to poor management and inefficiency, as well as a focus on self-promotion.”

PYMNTS reported last year that CISA was facing scrutiny amid the cuts being undertaken by the Department of Government Efficiency (DOGE).