Cybersecurity

Cybersecurity
Big Banks Back Startup Menlo To Fight Phishing
December 12, 2017

With a new cyberattack hitting the news on what seems to be a weekly basis, financial heavyweights are investing millions of dollars into a cybersecurity startup that aims to paralyze phishing attacks. Get the Full Story Complete the form to unlock this article and enjoy...

Cybersecurity
A New Gift Card Hack For The Holidays
December 11, 2017

There seems to be no such thing as a Christmas vacation when one’s main profession is defrauding consumers and businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Cybersecurity
NY Fed Ponders Legal Action Over $81M Bangladeshi Heist
December 08, 2017

In what may be a legal salvo over a monumental bank heist perpetrated by cyber thieves, the central bank of Bangladesh has asked the New York branch of the Federal Reserve to join forces in a lawsuit levied against another bank, this one based in...

Cybersecurity
NiceHash Hack Exceeds $64M In Bitcoin
December 08, 2017

A cryptocurrency mining market in Slovenia, which lost millions in bitcoin in a Wednesday (Dec. 6) cyberattack, is now claiming the hack likely came from an IP address outside the European Union. Get the Full Story Complete the form to unlock this article and enjoy...

Cybersecurity
OfferUp Is Pushing Trust, But Will Users Buy In Light Of Incidents?
December 08, 2017

OfferUp: the mobile app that connects local buyers and sellers, helping regular people get rid of their extra belongings. It’s also the mobile app that, unfortunately, can lead would-be buyers straight into criminals’ traps, where these tricksters demand money for products they are not actually...

Fraud Prevention
Using Gift Cards To Buy Drugs: How Return Fraud Is Funding The Opioid Crisis
December 08, 2017

They say gift cards are the gift that always fits. Apparently, this is especially true if you’re a fraudster, and many are using this unlikely currency to support their drug habits. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cybersecurity
ISIS Targeting Internet For Next Caliphate
December 07, 2017

ISIS’s goal of an Islamic State may be over, but the terrorist group is still a risk using the internet as its main tool to radicalize and do its bidding, reported Reuters. Get the Full Story Complete the form to unlock this article and enjoy...

Cybersecurity
Ashley Madison Is Still Not Safe For Cheaters
December 07, 2017

Remember that time that a string of celebrities had their private nude images published online? It could happen again, according to cybersecurity firm Kromtech — and this time with regular people. According to Forbes, Kromtech found that Ashley Madison, a dating site where adulterous spouses can...

Cybersecurity
The Role Of Private Secure Networks In Securing Online Transactions
December 07, 2017

The web is conduit to commerce and crime when it comes to online banking. In an interview with PYMNTS’ Karen Webster, InterComputer CEO Scott Volmar delved into the need for secure communications between parties — with a dash of robust authentication efforts thrown in for...