Facebook’s latest data scandal — in which Cambridge Analytica, the political consulting firm, got access to data on 50 million users — has prompted a class action lawsuit from shareholders as a result. Get the Full Story Complete the form to unlock this article and...
Orbitz, a subsidiary of online travel agency Expedia, has announced that it was hit with a data breach in 2016. The company stated that hackers were able to access personal information from about 880,000 payment cards. According to Reuters, an investigation showed that the breach...
Facebook’s stock tanked in trading Monday (March 19), erasing $36.7 billion in market valuation and hitting a low not seen in four years thanks to its latest privacy scandal, this time with Cambridge Analytica. Get the Full Story Complete the form to unlock this article...
Facebook is facing fresh calls for the government to regulate the company after the news that Cambridge Analytica, a political consulting firm, was able to access data on 50 million users beginning in 2014. Cambridge Analytica was then employed by the Trump campaign, Reuters reported....
Hackers are apparently getting more visual with a recent data dump for sale on the dark web — including a selfie of each user. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Whether friendly fraud or genuine fraud, for merchants and card issuers, the impact is growing and comes with a host of negative consequences for the entire ecosystem — especially customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
U.S. regulators’ investigations into Wells Fargo’s sales practices has expanded into the financial institution’s wealth management operations, according to news from The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Through the collaborative efforts of those with backgrounds in payments and security, the Federal Reserve’s Secure Payments Task Force has published “Payment Lifecycles and Security Profiles.” The profiles serve as educational materials outlining the lifecycles, security characteristics and relevant laws and regulations for the most...
Kaspersky Lab, the security company, announced Thursday (March 15) that researchers have discovered the hacking group behind the Prilex point-of-sale (POS) malware can use stolen credit card data to create functional plastic cards. Get the Full Story Complete the form to unlock this article and...
