Security & Fraud

Security & Fraud
NEW DATA: Global Account Takeovers Spike 45 Percent
October 25, 2017

Account takeovers have become a new favorite for fraudsters over the course of just a quarter. And, in the wake of the Equifax breach that the exposed personal data of approximately 143 million Americans, the scheme will likely become even more popular with bad actors in...

Security & Fraud
Giving Voice Recognition A Security Boost
October 25, 2017

Biometric authentication technology like voice recognition has become a security staple, but with fraudsters designing schemes to beat them, biometrics too may benefit from backup. In the latest PYMNTS Digital Identity Tracker™, powered by Socure, Kang Shin, professor of electrical engineering and computer science at...

Security & Fraud
Hackers’ Newest Target? Schools
October 24, 2017

Hackers, being an ever-inventive group, have found a new target to go after. 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 our daily newsletter, PYMNTS Today....

Security & Fraud
TRENDING: Voice Recognition Gets Its Own Backup Biometrics
October 24, 2017

Another day, another security breach. The headlines have been littered with recent reports of fraudsters and hackers stealing consumer information from everyone from email providers to hotel chains and credit bureaus. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Security & Fraud
Homeland Security Warns Consumers Of Infrastructure Attacks
October 23, 2017

Cyberattacks targeting U.S. energy and industrial firms are increasing, prompting the U.S. government to issue a public warning about the potential threat. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Security & Fraud
Whole Foods Resolves Data Breach
October 23, 2017

The credit card data breach recorded at some Whole Foods locations has been resolved, according to a statement from the company. The breach, announced Sep. 28, was restricted to certain venues within stores; main grocery checkouts were not affected. Get the Full Story Complete the...

Security & Fraud
A Fraudster Speaks Out On Account Takeover Fraud
October 23, 2017

If fraud attacks are the flu, then the Equifax data breach was a raging fever: a symptom (albeit a dramatic one) of a larger illness that will almost inevitably infect any organization that hasn’t had its shots. Get the Full Story Complete the form to...

Security & Fraud
Four “Need To Knows” About Balancing Digital UX And Security
October 23, 2017

What do consumers want? Merchants think they have the answers: ease, efficiency and instant gratification. Oh, and security, too – but not at the expense of that frictionless user experience. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
Symantec: 25 Percent Of FI-Connected Devices Vulnerable To Attack
October 20, 2017

According to security software company Symantec’s “Q2 Mobile Threat Intelligence Report: Mobility and Finance,” 25 percent of the mobile devices used by employees of financial service companies have unpatched security vulnerabilities. Furthermore, the report found 15 percent of these mobile devices have been connected to...