Retail giant Costco Wholesale Corporation sent letters this month to its customers alerting them that their payment information may have been stolen through a credit card skimmer while they were shopping at one of their stores, according to a BleepingComputer report Friday (Nov. 12). Get...
Banking customers’ expectations of their financial institutions (FIs) are changing as more transactions and activity go digital — at warp speed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
A new White House directive outlines nearly 300 cybersecurity holes that leave the federal government’s antiquated computer systems susceptible to cyberattacks, according to a Thursday (Nov. 11) Wall Street Journal report. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The adoption of digital transactions has skyrocketed since the beginning of the pandemic, alongside a commensurate decrease in the use of cash, causing many to ponder the future fate of fiat currency. Get the Full Story Complete the form to unlock this article and enjoy...
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Multiple arrests have been made recently as part of a nationwide ransomware sting, according to a Tuesday (Nov. 9) report from NBC News. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Merchants are all too aware of the risks of fraud and data breaches as more business goes online. In the Digital Fraud Tracker, Corvus Insurance’s Jason Rebholz explains why businesses must emphasize employee education and require partners to obtain cybersecurity insurance to make sure they’re...
Brokerage and crypto-buying app Robinhood has experienced a data security incident, resulting in a hacker stealing five million customer email addresses, the company announced Monday (Nov. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
In a breakthrough for the President Joe Biden administration’s pursuit of cybercriminals, law enforcement officials seized $6.1 million in ransom payments, and federal prosecutors charged a suspect over a July ransomware attack on American company Kaseya, according to a Department of Justice (DOJ) press release....
