The Federal Bureau of Investigation (FBI) is dismantling a “large network of hacked routers and storage devices” that could have enabled a “massive cyberattack,” according to a report in The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy...
As the age of GDPR dawns, consumers have the power to ask that their info be erased. Firms are ready or not, and Trulioo GM Zac Cohen weighs in on how fraud may find different conduits, where the bad guys, gains ill gotten, wipe the...
In the May Digital Identity Tracker, get the latest news and trends in the digital identity space, including a provider directory of the top players and an interview with Ultan O’Carroll, assistant commissioner of Ireland’s Data Protection Commissioner, on the consequences of GDPR non-compliance.
South Africa, following a massive breach in October 2017, suffered another attack, with the personal records of 934,000 South Africans being leaked. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
As the speed of payments increases around the world, the potential scope of fraud shifts to targets beyond cards. Criminals are taking advantage of the global spread of real-time digital transactions to con chief financial officers, invoice managers and the like, hoping to steal massive...
Cyberattacks on American financial institutions are at an all-time high, with more and more cybercriminals eyeing consumers’ financial data and other sensitive information. A February 2018 study from the Federal Reserve Bank of Minneapolis found that 75 percent of American financial institutions incurred losses due to...
It looks like a flaw in Comcast’s website used for the activation of Xfinity routers can be exploited to harvest sensitive consumer information. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
International expansion is on tap for CUJO, a U.S.-based company whose artificial intelligence-powered software platform enables in-home network security for network operators, after a Series B funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Visa announced that the growing number of chip cards and chip-enabled merchants has helped bring counterfeit fraud in the U.S. down by 76 percent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...