Security & Fraud

Security & Fraud
Data Silos Are A Fraudsters Best Friend
June 23, 2021

The vast majority of those who make it to a merchant’s checkout page are the good guys. Normal people trying to complete a legitimate purchase. Ninety-nine percent of the time, Sift Head Trust and Safety Architect Kevin Lee told PYMNTS in a recent conversation, the customer...

Security & Fraud
Healthcare Providers Remain Surprisingly Lax On Data Protection
June 22, 2021

There’s a reason that cybercriminals and hackers are so intent on grabbing all the data they can from healthcare facilities of all sizes: It’s worth a heck of a lot more on the black market than a typical credit report or even a credit card...

Security & Fraud
Foiling The Fraudsters Means Getting Consumers Engaged
June 22, 2021

“Don’t bother the customer.” 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
Wegmans Database Breach Exposed User Information
June 18, 2021

Wegmans Food Markets were hit with a database breach that exposed customers’ information — name, address, email, birth date — but no social security numbers or financial information.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Security & Fraud
Thieves In Brazil Steal iPhones Just To Access Banking Info
June 17, 2021

If someone swipes your phone in Sao Paulo, you might soon find yourself with much bigger things to worry about than buying a new mobile device. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
Banks Around The World Hit By Web Outage
June 17, 2021

A disruption at one of the world’s largest content delivery networks Thursday (June 17) briefly grounded the websites of several U.S. airlines and host of banks in Australia, the second such incident in a little over a week. Get the Full Story Complete the form...

Security & Fraud
Cybereason Study: 80 Pct Of Ransomware Victims That Pay Get Hit Again
June 17, 2021

A study by Cybersecurity firm Cybereason shows that more than half of respondents were hit with a ransomware attack and 80 percent of those who paid the ransom were hit with a second attack, often by the same thief. Get the Full Story Complete the...

Security & Fraud
Ukraine Cracks Down On Ransomware Gang Tied To US, S. Korean Cyberattacks
June 16, 2021

Ukrainian police have carried out more than 20 raids against alleged ransomware hackers from a group called Clop, which has been blamed for the loss of nearly a half billion dollars in cyberattacks, the Associated Press (AP) reported. Get the Full Story Complete the form...

Security & Fraud
McAfee: Peloton Bike+ Security Flaw Could Let Hackers Spy On Riders
June 16, 2021

Software security firm McAfee discovered a security flaw in the Android operating system powering Peloton Bike+ that could potentially give hackers the ability to spy on riders or steal their personal data, McAfee said in a press release. Get the Full Story Complete the form to...