Wells Fargo, the embattled national bank, is gearing up to slash 69 executive positions in its retail unit. The sector been struggling since news broke last year that it created numerous fraudulent accounts for unwitting customers. Get the Full Story Complete the form to unlock...
Russian cybersecurity company Kapersky Lab is under fire as a U.S. congressional panel requests 22 internal government agencies share information on the firm. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Apple has reportedly removed VPN apps from its store in China. Virtual private networks (VPNs) could enable users to access China’s uncensored Internet. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
boulCrime doesn’t pay. It’s a lesson that kids learn from their parents at an early age. And it’s a concept that an entire comic book series was built around in the 1940s and ’50s – called, appropriately enough – Crime Does Not Pay. Its narrator,...
Police have discovered a new credit card skimmer that connects to the inside of a gas station pump and is able to send stolen data via SMS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
A British hacker-for-hire known as “Spiderman” was given a suspended sentence by a German court Friday, but could still face criminal charges in Britain. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
A virtual lynch mob has swarmed the Facebook page of the Budapest Transit Authority (BKK in Hungarian), leaving more than 45,000 one-star reviews after the BKK arranged for the arrest of a helpful teenage “hacker” who exposed a loophole in its payments system. Get the...
With ransomware cyberattacks raging, companies and individuals have paid out more than $25 million during the course of the last two years in an effort to get their data back from hackers. Get the Full Story Complete the form to unlock this article and enjoy...
In news good for no one anywhere, it seems the North Korean army of cybercriminals has decided to reorganize itself to prioritize greater specialization. According to WSJ reports out this morning — the cyber dark army has splintered into smaller groups and is increasingly focused...
