Security & Fraud

Security & Fraud
Those Without Data History May Be Doomed To Repeat It
May 09, 2018

Facebook’s data fiasco, Wells Fargo’s fake account scandal, the Equifax breach and the onset of the European Union’s General Data Protection Regulation (GDPR): With topics like these dominating headlines, it’s no wonder everyone is thinking about digital identity. Get the Full Story Complete the form...

Security & Fraud
Equifax Gives Congress More Breach Data Information
May 08, 2018

Equifax, the embattled credit scoring company that was the subject of a massive data breach last fall, provided several congressional committees in the Senate and House with more information on the data compromised in the breach. Get the Full Story Complete the form to unlock...

Security & Fraud
Thousands Of Customers Using Flawed Software That Led To Equifax Breach
May 08, 2018

Despite the Equifax breach that exposed the personal data of more than 145 million Americans, Fortune is reporting that thousands of companies have the same computer security holes in their networks that places the sensitive data of consumers at risk. Get the Full Story Complete...

Security & Fraud
Fiserv’s Davie: Card Reissuance Post-Breach: Why Less Is More
May 08, 2018

Only 5 to 10 percent of cards whose data is exposed in a breach end up getting used in fraudulent transactions, a Fiserv executive says in “Walk to the Elevator,” a new interview series from PYMNTS. Becoming more precise with fraud detection can help prevent...

Security & Fraud
A Decade of Software Hacks Traced Back To China
May 07, 2018

A new report says that Chinese intelligence officers are responsible for a decade’s worth of hacks aimed at software and gaming companies around the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Security & Fraud
Commonwealth Bank Of Australia Admits 2016 Customer Data Loss
May 02, 2018

Commonwealth Bank of Australia has lost track of some 20 million customer statements scheduled for destruction two years ago — records that contain personal details but no passwords or PINs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
School District Pays Hackers $10K In Bitcoin To Recover Data
May 02, 2018

After hackers stole data from the computer system of a Massachusetts school system, they offered to return the information in return for a $10,000 bitcoin payment. The Superintendent of Leominster Public Schools, Paula Deacon, was surprised to learn of the extortion demand and contacted police,...

Security & Fraud
Data Breaches Are Stressing Americans, Canadians Out
May 01, 2018

Kaspersky Lab, the cybersecurity company, revealed in a new survey on Tuesday (May 1) that 81 percent of Americans and 72 percent of Canadians are stressed out about the recent rash of data breaches. Get the Full Story Complete the form to unlock this article...

Security & Fraud
Three Banks In Mexico Report Attempted Cyberattack On Payment Systems
May 01, 2018

Three banks in Mexico were the victims of an attempted cyberattack that aimed to gain access to the country’s electronic payment systems. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...