As of 2020, high-profile hacks are no longer a massive surprise. A hundred thousand data breaches after the great Target breach of late 2013, and the world has more or less gotten used to hackers getting into places they ought not be, and making off...
High-profile Twitter accounts, including those of Amazon CEO Jeff Bezos, Berkshire Hathaway Chairman Warren Buffett, Tesla CEO Elon Musk and others, were taken over in a wave of hackings on Wednesday (July 15), according to CNBC. Get the Full Story Complete the form to unlock...
BaFin is broadening its probe regarding potential insider Wirecard stock trading to encompass all those who served on the supervisory and management boards of the payment firm this year, Reuters reported, citing a representative for the German financial regulator. BaFin is also eyeing every Wirecard trade during the last couple...
Wirecard AG, the insolvent German payment processing company facing criminal accusations, may have misled the financial community about its partnerships with blue-chip companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
There’s an old saying that sunlight is the best disinfectant. Shedding some light on just what the bad guys want — and why and how they are angling to get it — means that the financial services ecosystem can effectively head them off at the pass....
Petabytes of compromised personal information and card data are being commoditized for sale on the dark web, ushering in an era of what’s being called “industrial-scale account takeover” (ATO). The problem is growing as more commerce moves online — and is exposed. Get the Full...
Retail investors have been succumbing to “impersonation fraud,” where fraudsters pretend to be famous brands and thus are able to con millions of Euros from them, Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Securities regulators in New Hampshire are investigating claims by former Gov. Craig Benson that he lost $100 million because Merrill Lynch churned customer accounts to generate millions in excess commissions, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy...
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