Security & Fraud

Security & Fraud
Former Twitter Employees: More Than 1K Staffers, Contractors Could Have Hacked Accounts
July 24, 2020

One week after hackers commandeered dozens of high-profile Twitter accounts – including Joe Biden, Kim Kardashian and Barack Obama – former Twitter employees say that more than 1,000 staffers and contractors had access to internal tools for the breach. Get the Full Story Complete the...

Security & Fraud
German Finance Ministry Toughens Rules In The Wake Of Wirecard
July 24, 2020

Germany has taken action to update its rules in the wake of the Wirecard AG scandal as complaints mount that regulators failed to police the insolvent payments company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Security & Fraud
Ransomware Attack Prompts Shutdown At Smartwatch Firm Garmin
July 24, 2020

Fitness watch and GPS maker Garmin Ltd. shut down its website and global call centers on Thursday (July 23) following a ransomware attack, The Guardian reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
Instacart Denies Reported Data Breach Affecting 280K Users
July 24, 2020

Hundreds of thousands of Instacart customers are having their personal data sold on the dark web, including the last four digits of their credit cards, and the data could include people who used the popular delivery app as recently as this week, according to a...

Security & Fraud
Philippine Wirecard Inquiry Targets Two Bank Employees
July 23, 2020

The Philippines’ Anti-Money Laundering Council said investigators are focusing on two rogue bank employees in the Wirecard AG scandal. 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...

Security & Fraud
Finablr Hires Firm To Investigate Potential Wrongdoing
July 23, 2020

After discovering over $1 billion in hidden debt in May, Finablr has hired law firm Skadden to investigate potential theft and wrongdoing in the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Security & Fraud
Feds Eye Payments Processors, Phony Websites Over Fraud
July 22, 2020

The U.S. Department of Justice (DOJ) and the Federal Trade Commission (FTC) are cracking down on scams known as credit card laundering or transaction laundering, according to The Wall Street Journal (WSJ). Get the Full Story Complete the form to unlock this article and enjoy...

Security & Fraud
First American Title Accused Of Exposing Millions Of Customers’ Personal Data
July 22, 2020

First American Title, one of the largest providers of title insurance in the U.S., is facing allegations that it exposed the personal data of millions of its customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Security & Fraud
Three Former Top Wirecard Execs Arrested In Alleged Fraud Scheme
July 22, 2020

Three former top executives of Wirecard AG were arrested Wednesday (July 22) as prosecutors allege they were part of a criminal enterprise to steal billions from creditors based on fake accounts, Reuters reported. Get the Full Story Complete the form to unlock this article and...