Security & Fraud

Security & Fraud
Was The Equifax Breach State-Sponsored?
October 02, 2017

Equifax’s massive data breach, which potentially exposed the personal information of 143 million consumers and the credit card numbers of 209,000 U.S. consumers, has some thinking it was state-sponsored. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
Fake ICOs Prompt SEC Action
October 02, 2017

The Securities and Exchange Commission announced late last week that it charged an individual and two companies with defrauding investors via two initial coin offerings that were supposed to be backed by real estate and diamond investments. Get the Full Story Complete the form to...

Security & Fraud
Central Banks Warn About Inter-bank Payment Security Risks
September 29, 2017

Central banks have expressed concern over the security of payments and the messaging systems that help facilitate inter-bank transactions, a Reuters news report said Thursday, Sept. 28. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Security & Fraud
Whole Foods Investigates Card Breach
September 29, 2017

Whole Foods Market is the latest company that has suffered a security breach, with the national supermarket chain revealing that its customers’ payment card information has been illegally accessed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
Hackers Prey On Consumer Worry Over Equifax Breach
September 29, 2017

Equifax’s data breach, which may have impacted 143 million U.S. consumers, has resulted in digital thieves sending hundreds of thousands of phishing emails pretending to be a bank or financial institution. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Security & Fraud
More Than 50 Percent Of US Businesses Victims Of Cyberattacks In 2017
September 29, 2017

A little more than 50 percent of U.S. businesses have experienced a cyberattack during the last year, with 72 percent spending more than $50,000 to deal with the aftermath. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
Equifax Is Making Progress — According to New York’s AG Office
September 29, 2017

According to New York Attorney General Eric Schneiderman’s office, Equifax is fully cooperating with regulators as it is attempting to address the issues that led to it becoming one of the largest and worst data breaches in U.S. history. Get the Full Story Complete the form...

Security & Fraud
Call Centers: Batten Down The Account Takeover Hatches
September 29, 2017

That the Equifax breach will be a major watershed moment in the history of data security, impacting consumers nationwide for years to come, is not a terribly controversial point. The real concern is that the most personal of data — names, Social Security numbers, credit...

Security & Fraud
Ransomware Tops List Of Hacks This Year
September 28, 2017

Ransomware topped almost all other types of cybercrimes on the internet so far this year, with attacks like WannaCry impacting scores of computers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...