Fraud Prevention

Fraud Prevention
Fake ID Docs Sold On Websites Targeted By Feds
September 19, 2018

Discussions about ID theft often involve hackers and cyberattacks gaining access to consumer and payment data. But action from the U.S. Federal Trade Commission (FTC) on Tuesday (Sept. 18) showed how eCommerce can enable other forms of ID theft. Get the Full Story Complete the...

Fraud Prevention
Hacker Attack Exploits Security Hole In Token Exchange
September 18, 2018

A cyberattack on what’s been described as a “decentralized” token exchange reportedly has led to a $58,000 theft and an illustration of a “shocking security vulnerability.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Fraud Prevention
North Korean Hackers Paid Using A Bitcoin Wallet
September 17, 2018

The alleged North Korean hacking of Sony, Bangladesh Banks and other targets stand as some of the most infamous cyberattacks yet experienced. And the recently unsealed criminal complaint against the accused perpetrator offers some clues about the payments flow related to those felonies. Get the...

Fraud Prevention
Why Strong Authentication Fights Fraud, But Consumers Prefer Convenience
September 13, 2018

Doppelgängers are real — but they’re not phantom twins in pre-modern German fairy tales: they are online, and they can be used to steal digital identities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Fraud Prevention
Facebook Privacy And Waning Consumer Trust In The ‘Wild West’ Of Intrusive Apps
September 11, 2018

Who are you? And who do you want to be — especially before disparate audiences and peer groups? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Fraud Prevention
Helping Banks Find Fraudsters-In-Waiting
September 10, 2018

Banking during the pre-digital days involved transport. One had to visit a branch — and remember, there is a reason people still joke about bankers’ hours — wait for an employee and fill out paperwork. Get the Full Story Complete the form to unlock this...

Fraud Prevention
Google Weeds Out Tech Support Scam Artists
September 04, 2018

Google is trying to stop scammers who advertise fake technical support on its platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Fraud Prevention
Home Buyers, Tricked By Business Email Scams, Lose Six-Figure Sums
September 04, 2018

A scam targeting homeowners is leaving some without the downpayment for their closing on the day the loan is to be signed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Fraud Prevention
Phishing Amid The Sea Of Invoice Fraud
August 24, 2018

If the saying is that there is nothing new under the sun, only new ways to say it, then let’s extend the sentiment to payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...