Security & Fraud

Security & Fraud
TSYS Attacked With Ransomware, Has Data Posted Online
December 10, 2020

TSYS, a payment processing company, has suffered a ransomware attack and had some data posted online, according to a report from Krebs on Security. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
Deutsche Bank Accounting Head Stands Aside Over Wirecard Scandal
December 09, 2020

The head of accounting at Deutsche Bank is temporarily stepping down in the wake of the Wirecard scandal, the Financial Times reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Security & Fraud
Refinitiv Completes Purchase Of GIACT For Fraud Prevention Expansion
December 09, 2020

Finance data and infrastructure-service provider Refinitiv announced Wednesday (Dec. 9) that it’s successfully completed its acquisition of GIACT and has expanded its suite of products for fraud prevention and identity verification. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Security & Fraud
Cybersecurity Firm FireEye Hacked By Suspected Nation-State
December 09, 2020

The cybersecurity firm FireEye — which counts numerous government agencies among its clients — said in a blog post that its proprietary tools were hacked by a suspected nation-state. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
Privacy Regulations, Developing Trust Leads To New Revenue Streams for FIs
December 09, 2020

The pandemic has spurred consumers to go online for all manner of daily activities — and the fraudsters are following them. The passwords, user names and Social Security numbers that once helped us prove we are who we say we are now are vulnerable or...

Security & Fraud
Pet Scams Rise As Holiday Buyers, At-Home Workers Seek New Pets
December 08, 2020

It’s one of the most timeless holiday moments and unforgettable gifts; unwrapping a giant box to reveal the adoring eyes of a new puppy or kitten. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
Trulioo Parody Video Implores ‘Don’t Stop Verifying’ Online Identities
December 08, 2020

More and more, retailers and businesses around the world are trying to figure out if potential customers are really who they say they are. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
Dispute Resolution Set To Fight Expected Pandemic-Driven Fraud
December 08, 2020

As the holiday shopping season kicks into high gear amid an unprecedented pandemic-era surge in online shopping, banks and merchants are bracing for an associated spike in fraud, disputes and chargebacks. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Security & Fraud
Banking Apps Shun Geolocation Data; Why Fraud Risks Could Follow
December 07, 2020

At a time when 80 percent of apps ask for (and are usually given) users’ geolocation data, the fact that most mobile banking applications still don’t is unacceptable, GeoGuard CEO David Briggs told Karen Webster in an interview. Get the Full Story Complete the form...