Security & Fraud

Security & Fraud
Armored Truck Spills $175K Onto Atlanta Highway
July 10, 2019

Drivers on Interstate 285 in Atlanta likely thought they had come into some quick cash when $175,000 recently fell out of an armored truck. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
Google Suspends Fraudulent Samsung Update App
July 08, 2019

Google has suspended a fraudulent mobile app that claimed to offer system-level Android updates to smartphones. 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...

Security & Fraud
Punjab National Bank Loses $556M To Fraudulent Buying
July 08, 2019

Punjab National Bank revealed that it had been defrauded $556 million from a struggling borrower, Bhushan Power & Steel, according to a report by The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Security & Fraud
British Airways Fined £183M After 0.5M Users’ Data Is Compromised
July 08, 2019

The U.K. Information Commissioner’s Office (ICO) has fined British Airways over £183m for a data breach involving the theft of more than half a million users’ data, including login info, card information, names, addresses and booking information, according to a report by The Guardian. Get...

Security & Fraud
Hackers Make Off With $500K From 7-Eleven Japan App
July 07, 2019

7-Eleven Japan had to suspend the mobile payments feature on its 7Pay app due to a security flaw that affected around 900 people. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
Report: Email Variants Keep BEC Fraud Humming Along
July 01, 2019

In payments fraud, it pays — literally — to change up the game a bit. 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
Italy Fines Facebook $1.1M For Mishandling Data
June 28, 2019

An Italian data protection regulator hit Facebook with a fine of  €1 million ($1.1M) for violating local privacy laws in relation to the Cambridge Analytica scandal, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
Florida City Pays Hundreds Of Thousands To Hackers
June 27, 2019

One small Florida city has had to pay cybercriminals thousands of dollars in ransomware. 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
Citi Launches Outlier Payment Detection For Treasurers
June 26, 2019

Citi is rolling out its Payment Outlier Detection solution for corporate treasurers to automate the detection of outliers and combat fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...