Cybersecurity

Cybersecurity
Coding Error To Blame In Breaches At Commonwealth Bank?
August 08, 2017

In regards to the Commonwealth Bank breaches — might it all have been due to coding errors? 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 our daily...

Cybersecurity
FTC Charges 12 With Laundering Millions In Credit Card Charges
August 08, 2017

The Federal Trade Commission (FTC) announced news on Monday (Aug. 7) that it charged twelve people with money laundering millions of dollars in credit card charges via fraudulent merchant accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cybersecurity
Samsung’s Heir Lee Could Face Twelve Years In Prison
August 08, 2017

Samsung’s heir, Lee Jae-yong, is facing recommendations from South Korean prosecutors that he serve a jail term of twelve years. 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
UK Regulators Crack Down On Car Hacking
August 07, 2017

The U.K. government released new regulation guidelines on Sunday (August 6) that call on makers of internet-connected cars and trucks to place more stringent cybersecurity protections in the vehicles to prevent against hackers. Get the Full Story Complete the form to unlock this article and...

Cybersecurity
WannaCry Hackers Laundering Ill-Gotten Gains Via ShapeShift
August 04, 2017

The hackers behind the WannaCry ransomware attack that spread around the globe are reportedly starting to money launder the $143,000 in bitcoin they secured using a Swiss virtual currency exchange. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cybersecurity
In A Ransom DDoS Attack, It Doesn’t Pay To Pay
August 04, 2017

Cyberattacks have become so common that criminals don’t even have to launch one in order to get victims to pay up; all they have to do is threaten. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cybersecurity
Slowing Down Faster Payments Fraud
August 03, 2017

Fraudsters are good at what they do. Payments got faster, but so did criminals. Banks built more defenses, and bad guys jumped over them with glee. But Uri Rivner, BioCatch co-founder, head of cyber strategy and vice president, said in a recent webinar with PYMNTS’...

Fraud Prevention
In Fight Vs. Online Fraud, Everlast Finds Its Perfect Combination
August 03, 2017

Venerable retailer. Iconic name. Easy mark for online fraud and a knockout to the bottom line? Yes, if manual review means missing warning signs of fraudsters while turning away good orders, as boxing equipment vendor Everlast found in its move toward eCommerce. Radial Senior Product...

Fraud Prevention
Most Retailers Feel Like ‘Somebody’s Watching’
August 02, 2017

In today’’s fast-moving, tech-infused retail arena, one of retailers’ top vulnerabilities centers around their ability to data security. As such, it should come as no surprise that most retailers are very protective of any information exchanging virtual hands. Get the Full Story Complete the form...