The good news in the world of fighting fraud and cybercrime is that, by the numbers, the battle against the thieves has been shown to be tipping toward the white hats. As GIACT EVP David Barnhardt noted in a recent conversation with Karen Webster, overall...
Messaging app Telegram said on Thursday (June 13) that it was the victim of a DDOS cyberattack from China, according to a report by the Associated Press. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Facebook has been removed from a list of companies that are indexed by S&P Dow Jones Indices as socially responsible, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
India has implicated two auditors working with Leasing & Financial Services (IL&FS) with 22 auditing violations that the country called “organized crime,” according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
If it seems like cases of fraud and hacking are always in the news, that’s because new incidents pop up practically every day. One of the latest involves hackers successfully accomplishing account takeovers (ATOs) of users of Zelle, the digital payment service. Get the Full...
With the speed and volume of digital transactions increasing every year, fraudsters have become better at concealing their tracks. Hunting cybercriminals has become much like finding needles in a haystack — and AI is the magnet banks must use to extract them, says Joseph Sieczowski,...
The Wall Street Journal is reporting that there are emails sent by Facebook CEO Mark Zuckerberg that possibly link him to troublesome privacy issues at the company. The emails came to light during the ongoing federal probe by the Federal Trade Commission (FTC). Get the...
Trust is the currency that makes online marketplaces of all shapes and sizes run — but in a world where cybercrime and digital attacks on consumer identity are endemic, it can also be the hardest element to guarantee. Get the Full Story Complete the form...
Payments are getting faster, fraudsters are getting smarter — and AP departments are often unwitting victims of phishing and other schemes. Bottomline’s Doug Cranston, VP of product management, tells PYMNTS that machine learning and other technologies can help wage effective battle against the bad guys.
