Foreign exchange company Travelex is back online with some of its electronic services after its system was brought down by hackers nearly two weeks ago, Reuters reported on Monday (Jan. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The launch of EMV chip cards in the U.S. in the early 2000s had much of the hoped-for effect: By 2017, both Mastercard and Visa had reported that counterfeit fraud was more than halved. Get the Full Story Complete the form to unlock this article...
Iranian hacking groups are targeting U.S. electric systems, and intelligence officials worry that escalating tensions between the two countries could only make things worse in the future. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Some employees of Travelex, a company that was recently hit with a ransomware attack, were forced to hand over their laptops to technicians to see if their machines were infected and whether they can be fixed, according to a report by the Financial Times. Get...
It might make sense that as commerce goes ever global, and as banks do an increasing volume of business cross-border, that the hackers and fraudsters would look at FX as a lucrative way to ply their malevolent trade. Get the Full Story Complete the form...
Dixons Carphone is staring down the barrel of a £500,000 (about $650,000) fine by the Information Commissioner’s Office over an incident of compromised data that affected over 14 million customers, according to published reports Thursday (Jan. 9). Get the Full Story Complete the form to...
A New Year’s Eve ransomware attack on Travelex continued to affect global businesses and customers today, including multiple Samsung Pay users, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Lenders including Barclays, HSBC, Royal Bank of Scotland and Virgin Money had to stop foreign currency services after exchange provider Travelex was hit by a ransomware gang, according to reports on Thursday (Jan. 9). Get the Full Story Complete the form to unlock this article...
A New York man, 39-year-old Bogdan Rusu, was sentenced to 60 months in prison on charges of using credit card skimming tactics to steal $390,141 from various New Jersey banks, according to a Department of Justice (DOJ) report. Get the Full Story Complete the form...
