Security & Fraud

Security & Fraud
UK Biometrics Firm Failed To Protect Sensitive Data
August 14, 2019

A large breach of personal data, including one million fingerprints, facial recognition info, passwords and other sensitive information, was found to be publicly accessible by a company that provides centralized data access for security organizations, according to a report by The Guardian. Get the Full...

Security & Fraud
New App Pinpoints Card Skimmers On Gas Pumps, ATMs
August 14, 2019

As credit card skimmers have gotten smarter, they have also gotten easier to detect, thanks to Bluetooth broadcasting that announces the presence of enabled devices. Now there is an app that can wirelessly reveal the thievery technology, as reported on Wednesday (Aug. 14). Get the...

Security & Fraud
SEC Probing First American Financial’s Data Breach
August 13, 2019

The U.S. Securities and Exchange Commission is reportedly investigating a security breach at First American Financial Corporation that saw the exposure of upwards of 885 million financial records and personal files related to mortgages dating back to 2003. Get the Full Story Complete the form...

Security & Fraud
Report: Crypto Crime Could Reach $4.3B This Year
August 13, 2019

A new report has estimated that losses related to cryptocurrency thefts, scams and fraud could reach $4.3 billion this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Security & Fraud
New Strain Of Ransomware Striking US, European Firms 
August 12, 2019

Cyber insurance claims are spiking as a new type of ransomware targets companies across the U.S. and Europe, the The Financial Times reported on Sunday (Aug. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Security & Fraud
Facebook’s WhatsApp Still Vulnerable To Year-Old Chat Hack
August 08, 2019

Internet safety authorities uncovered a means of hacking chats on WhatsApp last year, but Facebook has yet to fix the security flaws, The Financial Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
Twitter Ad Targeting Bug Could Have Exposed User Data
August 07, 2019

Twitter has admitted to ad-targeting data breaches in regard to user permissions, according to reports. 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,...

Security & Fraud
Is It Time To Retire Passwords For Digital Authentication?
August 07, 2019

Even if one tried, it would be hard to ignore the near-constant reports of data breaches. Based on the flurry of consumers scrambling to get their $125 settlement from Equifax, data security is an issue with far-reaching consequences. Get the Full Story Complete the form...

Security & Fraud
REPORT: What Sharing Economy Platforms Don’t Get About Digital ID
August 07, 2019

Sharing economy platforms have permeated every aspect of consumers’ lives. Some 60.1 million Americans hitch rides through ridesharing offerings like Uber or Lyft, for example, and 41 million book travel or accommodations with homesharing services like Airbnb or Hotels.com. Meanwhile, 19.5 million use talent platforms...