All four of Greece’s main banking institutions enacted security protocols after a data breach, and consequently cancelled 15,000 consumer cards, according to reports. After consumer information was compromised on a tourist website, Alpha Bank, Piraeus Bank, Eurobank and the National Bank of Greece each cancelled...
Just when you think there are no surprises left, this statistic drops: 60 percent of organizations recently polled had no idea their customer data had been breached, because their payments system and process is too opaque to detect it. That’s surprising in 2020 – or...
Regulators in the U.K. have levied €114 million ($126 million) in fines for data violations since instituting new stronger privacy mandates in mid-2018, The Financial Times reported on Sunday (Jan. 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
They say the perfect crime is hard to commit, but last week in Spokane, Washington an intrepid burglar managed to pull it off at the Yuppy Puppy pet store, according to local law enforcement officials. The burglar, according to surveillance video, managed to break into...
An uptick in check fraud has financial institutions considering whether they should update methods and stop using checks, according to a report Wednesday (Jan. 15) by The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The vulnerability that allowed Travelex to be attacked by hackers has existed at many other companies and institutions in the U.S., according to a report by The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The unique secrecy and security of bitcoin and other cryptocurrencies have led to their use by domestic terrorist groups like white supremacists, experts said at a hearing Wednesday for the U.S. House Financial Services Committee. Get the Full Story Complete the form to unlock this...
Fraud detection company DataVisor, which uses artificial intelligence (AI) to help find fraud activity and correct it, has released a new anti-fraud solution called dEdge, which can detect attacks and malicious operations in real time, according to a press release. Get the Full Story Complete...
In a move designed for public reassurance and transparency, the National Security Agency (NSA) will now be more forthright, sharing cybersecurity attacks with companies rather than discreetly analyzing them in secret for the agency’s internal use. On Tuesday, The New York Times reported that the...
