The Financial Crimes Enforcement Network (FinCEN) issued a press release warning financial institutions (FIs) and consumers about pandemic-related scams, including some connected to cryptocurrency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Regulators in China are preparing to move against once-hot Luckin Coffee Inc., which admitted booking millions of dollars in nonexistent sales, The Wall Street Journal reported on Friday (July 31). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Three arrests were made Friday (July 31) in California, including a juvenile, the alleged mastermind, for their alleged roles in the Twitter hack that took place on July 15, according to the U.S. Attorney’s Office in the Northern District of California. Get the Full Story...
Corporate travel manager CWT paid $4.5 million worth of bitcoin in ransom this week to hackers who said they seized control of 30,000 company computers and two terabytes of data, Reuters reported on Friday (July 31). Get the Full Story Complete the form to unlock...
Twitter continues to inform users about its investigation into a massive security breach two weeks ago when hackers seized control of the celebrity accounts of Joe Biden, Kim Kardashian, Bill Gates and dozens of other A-listers. Get the Full Story Complete the form to unlock...
Two members of Congress asked the U.S. Department of Justice (DOJ) Thursday (July 30) to investigate Zoom Video Communications Inc., the video technology company, and TikTok, the Chinese video-sharing social networking service, Reuters reported. Get the Full Story Complete the form to unlock this article...
With so much highbrow industry chatter about topics like payments fraud detection, it’s good to remember that this is actual crime-fighting. On the FBI’s Cyber Most-Wanted list are nationals of at least a half-dozen countries, some with state-level backing. Check it out. Get the Full...
National Payments Corp. of India (NPCI), the nation’s payments processor, uncovered more than three dozen security risks last year, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Germany is seeking help from Russia to help locate missing Wirecard executive Jan Marsalek, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
