Security & Fraud

Security & Fraud
Feds Turn To Big Tech To Fight Cybercrime
August 05, 2021

Following a series of high-profile infrastructure attacks, the federal government has turned to the world of Big Tech to help protect against cybercrime. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
Bank Security Experts Say Risk Of ‘Tool Sprawl’ And Overdoing It As Bad As Doing...
August 05, 2021

When it comes to technology upgrades, especially large-scale security enhancements, the halls of IT departments are filled with vivid illustrations as to why “rip and replace” is not an optimal strategy. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Security & Fraud
Chinese Cryptocurrency Tied To More Than $2B In Crime, Scams
August 03, 2021

Chinese cryptocurrency is the latest involved in a rash of illicit activity involving $2.2 billion in digital payment tokens used in scams and dark internet operations over a two-year period. Chinese cryptocurrency addresses sent and received funds for illegal activity from April 2019 through June...

Security & Fraud
Navigating The ‘Fraud Economy’ In The Digital Era
July 30, 2021

In A Decade of Digital Transformation in 12 Months, 46 C-suite executives spoke with PYMNTS for its Q2 eBook on what the world will look like as recovery rolls on and the next iteration of normal rolls out. In this excerpt, Marc Olesen, president and...

Security & Fraud
FBI To Congress: Banning Ransomware Payouts Could Backfire 
July 28, 2021

Approaches to ransomware payoffs are getting a lot of attention from government agencies, cybersecurity firms and think tanks, but the FBI has now handed down its official recommendation to Congress: Don’t make the payments illegal, CNN reported on Wednesday (July 28). Get the Full Story...

Security & Fraud
Stablecoin Tether Faces DOJ Probe
July 26, 2021

The U.S. Department of Justice (DOJ) is doing a deep dive into Tether to ascertain whether the bosses behind the stablecoin held back information from banks that transactions were connected to cryptocurrency, Bloomberg reported on Monday (July 26), citing sources. Get the Full Story Complete...

Security & Fraud
Rampant Check Fraud Problem Puts The Challenge In Challenger Banks
July 26, 2021

What is a bank? 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 newsletter, PYMNTS Today. By completing this form, you agree to receive marketing...

Security & Fraud
Down But Not Out: Paper Checks Are Still Catnip For Fraudsters
July 23, 2021

If you’d have asked anyone 10 years ago about the state of the paper check in 2021, the answer might have come back in a single word: Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Security & Fraud
US Jobless Claim Fraud A Boon To Identification Companies
July 22, 2021

Unemployment fraud is on the rise, according to Reuters, and it’s drawn a critical eye to ID.me, which works in the business of verifying identities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...