Cybersecurity

Cybersecurity
San Francisco Sues Equifax
September 27, 2017

Adding this week to Equifax’s list of unhappy individual and groups to deal with — a list that already includes its banking partners, Congressional legislators and the 143 million or so people whose data has been compromised — is San Francisco City Attorney Dennis Herrera, who...

Cybersecurity
From Fingerprints To Faces: Bank of America Explores Biometrics’ Next Phase
September 27, 2017

Consumers are generally accustomed to using a fingerprint to unlock their banking apps - but, are they willing to use their face - and do they think it’s secure? In this month’s PYMNTS Digital Identity Tracker™, powered by Socure, Hari Gopalkrishnan, managing director of consumer...

Cybersecurity
U.S. Senate Asks SEC To Update Cyberattack Protocols
September 26, 2017

The U.S. Securities and Exchange Commission (SEC) announced it is launching two enforcement initiatives to boost efforts to address cyber threats and protect retail investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cybersecurity
Equifax Bought An Identity Protection Service Just Before Disclosing The Breach
September 26, 2017

Already facing so many questions about a breach that sent much of the U.S. adult population’s personal information into the hands of hackers worldwide, Equifax now gets to answer a whole new set of questions about why exactly it bought an identification protection service called ID...

Cybersecurity
Fearful Of Fraud, FICO Wants A Closer Look At Bitcoin Transactions
September 26, 2017

The Fair Isaac Corporation — better known as FICO — has filed an application with the U.S. Patent and Trademark Office for a system designed to detect unusual and potentially fraudulent transactions. Get the Full Story Complete the form to unlock this article and enjoy...

Cybersecurity
NEW REPORT: Bank Of America Faces Biometrics
September 26, 2017

Ever since Apple added a fingerprint scanner to the iPhone 5S in 2013, consumers have become increasingly used to interacting with biometric authentication technology. But now, less than five years later, can companies around the electronics and authentication spaces push consumers to adopt the next...

Cybersecurity
WeChat Shares Consumer Data With Chinese Government
September 25, 2017

WeChat, the Chinese messaging app owned by Tencent, confirms it provides information about users to the Chinese government. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Cybersecurity
CFPB Action Against Equifax Imminent
September 25, 2017

Add the Consumer Financial Protection Bureau to the list of federal agencies expected to punish Equifax for the massive security breach that exposed the personal data of around 143 million Americans. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cybersecurity
GPS Vehicle Trackers Leak Consumer Data Online
September 25, 2017

Another day, another data breach. This time, Kromtech Security Center announced that information on more than half a million vehicle tracking devices and their users have been leaked online in a cyberattack. Get the Full Story Complete the form to unlock this article and enjoy...