Three individuals have been charged with illegally tipping and trading in the securities of Equifax before its public announcement of a big cyber intrusion and data breach from 2017, the SEC reported. The SEC filed a complaint that stated Equifax had engaged a public relation...
Chatter on the cryptographic side of cryptocurrency has been growing over the past couple of years about the threat posed by quantum computing, an entirely new type of computer that would be many orders of magnitude more powerful than current ones — so powerful that...
Last week saw the implementation of the U.K.’s long-awaited “Register of Overseas Entities,” a cornerstone of the government’s Economic Crime Act. But what is “economic crime” and why has the U.K. been moved to legislate against it? In February, as countries around the world began...
Digital authentication company Twilio said some employees and customers were victims of a hack, a Bloomberg report said Monday (Aug. 8). The hackers tricked employees into giving up their passwords. The report said attackers targeted Twilio employees with fake texts, which said the staffers’ password...
An unwelcome side effect of the eCommerce and digital payments boom is the burden of chargebacks and disputes, and more merchants and brands are finding they are better handled by specialized third-party solutions with advanced dispute resolution capabilities. In the study “Dispute-Prevention Solutions: Protecting Profits...
Israel is well known as a world leader in cybersecurity and a critical innovation hub driving the development of tools and resources aimed at fighting cybercrime and managing the increased digital security risks organizations face today. Investors know this all too well. According to Israel...
Time to leave the passwords behind. Consumers are leaning that way — and would be happy to abandon that age-old, friction-filled relic that traces its genesis to the dawn of the Internet. The latest edition of The Digital Fraud Tracker found that a majority of individuals would...
Security firms are scrambling to assess total losses after hackers hit thousands of Solana wallets and drained millions in assets in an attack that started sometime late Tuesday (Aug. 2) and continued into Wednesday morning. Hackers got about $8 million from at least four Solana...
Eric Greenstein, product manager of compliance and fraud at Modern Treasury, told PYMNTS that the rules of anti-money laundering (AML) and the Bank Secrecy Act can be boiled down to one truism: If you don’t have a compliance program — geared toward battling money laundering...
