Security & Fraud

Security & Fraud
Cybersecurity Company Finds TikTok Was Vulnerable To Hackers
January 09, 2020

Check Point, a cybersecurity company based out of Israel, recently released research highlighting numerous security flaws in the popular smartphone app TikTok, which is incredibly popular with teenagers and one of the most downloaded apps in the world, according to a report by The New...

Security & Fraud
Rockwell Automation Takeover Targets Cybersecurity In Manufacturing
January 08, 2020

New York-listed Rockwell Automation is acquiring Israeli-based Avnet Data Security to deliver advanced cybersecurity services, Rockwell announced on Wednesday (Jan. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Security & Fraud
Travelex Foresees No Financial Impact From Ransomware Attack
January 08, 2020

Travelex, a foreign exchange and payments company, was thrown into chaos around New Year’s after a ransomware attack locked up its systems, forcing employees to use pen and paper to take care of thousands of customers, according to a report by Reuters. Get the Full...

Security & Fraud
Why Travel Is A Popular Destination For Fraudsters
January 08, 2020

The excitement of the winter holidays is over, and that leaves only one thing: the annual bout of existential dread that comes from all of the cold, snow and ice. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
Forever 21 Faces Lawsuit For Allegedly Using False Sales Data
January 08, 2020

Retail chain Forever 21, now in the final stages of bankruptcy, was sued by an Alabama mall owner who said the company misrepresented critical sale projections, according to published reports Tuesday  (Jan. 7). Get the Full Story Complete the form to unlock this article and...

Security & Fraud
UK Police Investigate Travelex Ransomware Attack, Ransom Demand
January 08, 2020

The alleged perpetrators of a cyberattack on Travelex, the “world’s largest retail currency dealer,” was Sodinokibi, a cyber gang demanding ransom, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
What Iran Can – And Won’t – Do In A Cyberwar
January 07, 2020

A crippling cyberwar with Iran looms, but maybe not. In an interview with Karen Webster, Samuel S. Visner, director of the National Cybersecurity Federally Funded Research and Development Center (FFRDC), separates fact from fiction as to what Iran can — and won’t — do when...

Security & Fraud
Girding For Iran’s Cyberattacks On The US — Where Past May Be Prologue
January 06, 2020

Tensions between the U.S. and Iran have gone up several notches with the killing of Qassem Soleimani, which might raise the risk for cyberattacks. If past is prologue, banks, hospitals and energy infrastructure may be targets as a new decade dawns.

Security & Fraud
The Three Things QSRs Need To Know About Order Ahead
January 06, 2020

That mobile order ahead has rapidly changed the entire landscape for quick-service restaurants (QSRs) is undeniable. One can see it in the numbers — Chipotle Mexican Grill recently reported that mobile orders now represent 20 percent of its total sales and is the fastest overall growing part...