Security & Fraud

Security & Fraud
Facebook’s Latest Hack Deemed ‘Sophisticated’
October 01, 2018

Facebook’s Vice President of Global Marketing Carolyn Everson told an Advertising Week panel Monday (Oct. 1) that the latest cyberattack, in which hackers were able to control 50 million users’ accounts, was “sophisticated.” Get the Full Story Complete the form to unlock this article and...

Security & Fraud
Tesco Bank Fined £16.4M For 2016 Cyberattack
October 01, 2018

Tesco Bank agreed on Monday (Oct. 1) to pay £16.4m in a settlement with the Financial Conduct Authority (FCA) due to a cyberattack at the lender in 2016. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Security & Fraud
LendingClub Settles With SEC, DOJ
October 01, 2018

On Friday (Sept. 30), LendingClub officially closed the door on a two-year chapter in its corporate history that its current board and founding team would probably like to forget. Both the Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) have officially ended...

Security & Fraud
Big Banks See Uptick In Cyberattack Attempts
September 30, 2018

Sources have reported that some large U.S. banks have seen a boost in attempted cyberattacks in recent weeks. 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...

Security & Fraud
Tesla, Musk To Pay $40M and Resign As Chairman
September 30, 2018

The Securities and Exchange Commission announced Saturday (September 30) that Elon Musk, CEO and chairman of Tesla, and the green car company have agreed to pay a total of $40 million in fines and for Musk to resign as chairman to settle securities fraud charges....

Security & Fraud
IdentityMind Integrates With CipherTrace
September 30, 2018

IdentityMind Global announced Monday (Oct. 1) that IdentityMind’s pioneering compliance, risk management and fraud prevention platform has integrated CipherTrace’s digital currency risk assessment technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
Secret Service Alerts FIs About ATM Skimming
September 28, 2018

The U.S. Secret Service has sent out a warning about a difficult type of ATM skimming that could take days for criminals to set up. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Security & Fraud
Deep Dive: How Retailers Guard Against Cyberattacks
September 28, 2018

PYMNTS explores the forces threatening consumer trust in this month’s Digital Identity Tracker™ Deep Dive, including how companies protect themselves while boosting customers’ confidence.

Security & Fraud
FTC, DOJ Refund $1.2M To Consumers Hurt In AMG Payday Lending Scam
September 27, 2018

The Federal Trade Commission (FTC), working in conjunction with the U.S. Department of Justice, announced on Thursday (Sept. 27) that it is mailing 1,179,803 refund checks totaling more than $505 million to people who were deceived by a payday lending scheme operated by AMG Services,...