Cybersecurity

Fraud Prevention
Prosper Gets Rid Of App Designed To Protect Identities
August 01, 2017

Prosper Marketplace, the online lender, is reportedly getting rid of its Prosper Daily mobile app, which enabled customers to monitor their personal finances, like credit scores, and would protect them from identity theft. Get the Full Story Complete the form to unlock this article and...

Cybersecurity
CFPB Rails Against Costly Pay-By-Phone Fees
August 01, 2017

The Consumer Financial Protection Bureau warned companies  Monday (July 31) about  tricking consumers into expensive pay-by-phone fees. 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...

Cybersecurity
Wells Fargo To Slash 69 Executive Roles; Faces Calls For Board To Be Removed
July 31, 2017

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...

Cybersecurity
US Lawmakers Want US Agencies To Provide Information On Kaspersky Lab
July 31, 2017

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...

Cybersecurity
VPN Apps Removed From Apple’s China App Store
July 31, 2017

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...

Cybersecurity
The Lighter Side Of Commerce Crime
July 29, 2017

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,...

Cybersecurity
Gas Station Skimmers Can Send Stolen Data Via SMS
July 28, 2017

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...

Cybersecurity
British ‘Spiderman’ Hacker Receives Suspended Sentence In Germany
July 28, 2017

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 —...

Cybersecurity
It’s Only ‘Hacking’ When Bad Guys Do It
July 28, 2017

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...