Security & Fraud

Security & Fraud
Synthetic Fraud’s Slow Roll Across FIs
December 23, 2019

Impersonation fraud — where a cybercriminal pretends to be someone they aren’t in an attempt to make off with funds — gets a lot of attention, and for good reason. Cybercriminals are getting good enough to fake biometric authentication methods using Deep Fake and other...

Security & Fraud
FBI Helps Businesses Outwit Fraudsters By Deploying Decoy Data
December 23, 2019

The Federal Bureau of Investigation is working firsthand with companies to outsmart cybercriminals by deploying decoy data, Ars Technica reported on Friday (Dec. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
Wawa Says Thousands Affected By Data Breach
December 20, 2019

Gas station and convenience store chain Wawa said it discovered a data breach in which thousands of customers’ debit and credit card information was stolen, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Security & Fraud
Hackers Access Unsecured Facebook Database With 267M Users’ Info 
December 20, 2019

Security researcher Bob Diachenko and Comparitech discovered that a Facebook database with 267 million user IDs, phone numbers and names was left unsecured and accessed by hackers, who uploaded it to a downloadable format, according to a report.  Get the Full Story Complete the form...

Security & Fraud
Thousands Of Amazon Ring Passwords Leaked On Dark Web
December 20, 2019

A new security lapse has been involved with Amazon’s Ring security cameras this week. 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 to our daily newsletter, PYMNTS...

Security & Fraud
Facebook, Alphabet Scammer To Serve Five Years In Prison
December 20, 2019

A Lithuanian man who scammed Facebook and Google into sending him hundreds of millions of dollars has been sentenced to five years in prison, according to published reports Thursday (Dec. 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Security & Fraud
Child Tracking Smartwatch Vulnerability Could Leak Location Data, Voice Recordings
December 19, 2019

The peace of mind parents get with child-tracking smartwatches has been turned upside-down. A cloud-based security flaw has been allowing unauthorized people to monitor children’s locations, as reported on Wednesday (Dec. 18). Get the Full Story Complete the form to unlock this article and enjoy...

Security & Fraud
When The Text Message From The Bank Isn’t From The Bank
December 19, 2019

In business – and especially in financial services and banking – trust is built up over decades, and can be destroyed in an instant. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
Companies Brace For Impact Of CA Consumer Privacy Law
December 18, 2019

Starting Jan.1, the California Consumer Privacy Act will give people control over the personal information companies collect, store and share, the Associated Press reported on Wednesday (Dec. 18).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...