Security & Fraud

Security & Fraud
Tiny Deutsche Bank Unit At Heart Of Money Laundering Investigation
December 04, 2018

The center of the money laundering investigation at Deutsche Bank lies at a tiny unit that was barely able to eke out a profit and had been up for sale since the early part of 2016, reported Financial Times. Get the Full Story Complete the...

Security & Fraud
A Hacker Group Has A List Of 35K CFOs To Target
December 04, 2018

Chief financial officers at some of the world’s biggest banks and mortgage companies are in the crosshairs of a hacker group that compiled a list of 35,000 CFOs that they can target with requests to transfer money. Get the Full Story Complete the form to unlock...

Security & Fraud
Quora’s 100M Users Affected By Data Breach
December 04, 2018

Question and answer site Quora announced that it has been hit with a massive data breach that impacted 100 million of its users. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
Marriott’s Unreported Hacks Leave Travelers Exposed
December 04, 2018

The massive data breach revealed by Marriott last week might hurt its customers beyond the personal information that was stolen. 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
Jared And Kay Jewelers Fix Consumer Data Breach
December 03, 2018

Signet Jewelers, the company that owns Jared and Kay Jewelers, has fixed a massive data breach that allowed anyone to view the order information of other customers, including a home address and the last four digits of a purchaser’s credit card, according to a Monday...

Security & Fraud
FTC: Fake Grandchildren Scam For Cash
December 03, 2018

The Federal Trade Commission (FTC) warned Monday (Dec. 3) that a new scam is targeting people 70 and older, in which they are being tricked into sending large amounts of cash to people pretending to be their grandchildren. Get the Full Story Complete the form...

Security & Fraud
Mastercard, Microsoft Team On Digital ID
December 03, 2018

Mastercard and Microsoft announced Monday (December 3) a strategic collaboration to improve how people manage and use their digital identity. 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
2015 Marriott Breach: Prelude To 2018 Cyberattack?
December 03, 2018

Marriott International, which announced last week it was the victim of a hack in which the bad guys accessed its reservation database for Starwood properties, could have stopped the breach years earlier. Get the Full Story Complete the form to unlock this article and enjoy...

Security & Fraud
Why Consumers Will Shrug Off The Marriott Breach
December 03, 2018

In 1954, mathematician L.J. Savage published research about how consumers process information when making decisions. Dubbed the sure-thing principle, Savage’s work showed that consumers consider a variety of inputs when making decisions. They also mentally bucket – and then disregard – inputs that may be...