Cybersecurity

Cybersecurity
Former Chief Growth Officer of Frank Indicted for Fraud
July 12, 2023

Federal prosecutors have filed charges against a second former executive of college financial-planning startup Frank. 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,...

Fraud Prevention
Threat of Deepfakes Drives Two-Thirds of FinTechs to Boost Fraud Budgets
July 12, 2023

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 Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Cybersecurity
SEC Charges Merrill Lynch and BACNAH for Failing to File Suspicious Activity Reports
July 11, 2023

The Securities and Exchange Commission (SEC) has announced charges against investment firm Merrill Lynch, Pierce, Fenner & Smith and its parent company BAC North America Holding Co. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cybersecurity
FTC Warns About Scammers Impersonating Agency Staff
July 11, 2023

The Federal Trade Commission (FTC) is warning consumers to be wary of scammers pretending to be staff members. 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...

Fraud Prevention
Why Whack-a-Mole Risk Prevention Won’t Work in Today’s Data Economy
July 11, 2023

When it comes to digital risk, the best defense is a good offense. 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 Today....

Cybersecurity
HCA Healthcare Discloses Data Security Incident Involving Email Messages
July 10, 2023

HCA Healthcare has disclosed a data security incident. 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 Today. By completing this form, you...

Cybersecurity
Report: Revolut US Payments Flaw Leads to $20 Million Theft
July 09, 2023

A flaw in Revolut’s U.S. payment system reportedly let criminals steal more than $20 million. 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...

Cybersecurity
UK Finance: 61% of Push Payments Fraud Tied to Meta
July 09, 2023

British lobbying group UK Finance has reportedly tied a bulk of the country’s digital payments fraud to Meta Platforms. 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...

Fraud Prevention
Senators Call for New Rules to Combat AI-Powered Scams
July 07, 2023

Senators have called on regulators to protect consumers from artificial intelligence (AI)-powered scams. 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 Today....