Security & Fraud

Security & Fraud
Equifax Officially Apologizes — And Promises To Make Amends
September 28, 2017

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Security & Fraud
Synthetic Identities, Tailor-Made For Fraud
September 28, 2017

Familiarity doesn’t breed contempt in payments security; it builds breaches — the kind that linger and cost billions of dollars in losses tied to fraud. The synthetic ID may be fraudsters’ weapon of choice these days, but technology can help turn the tide, according to GIACT Systems’ Executive Vice President of Product David Barnhardt. In...

Security & Fraud
Fraudsters Pose As Hurricane Relief Orgs
September 27, 2017

Harvey. Irma. Jose. Maria. Even those who were not directly hit by one of these recent, dramatic and devastating hurricanes are feeling the emotional impact after watching these mega-storms wreak havoc across the southern part of the U.S. and surrounding islands. Get the Full Story...

Security & Fraud
SEC Chairman Peppered With Cybersecurity Questions By Congress
September 27, 2017

U.S. Securities and Exchange Commission (SEC) Chairman Jay Clayton, who was recently interrogated in a Senate hearing over a cyberattack of the government agency’s EDGAR database for corporate filings, said he thinks his predecessor, Mary Jo White, had no knowledge of the data breach that...

Security & Fraud
Uh-Oh. Looks Like Sonic Has Been Breached (And Millions Of Cards, Too)
September 27, 2017

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Security & Fraud
San Francisco Sues Equifax
September 27, 2017

Adding this week to Equifax’s list of unhappy individual and groups to deal with — a list that already includes its banking partners, Congressional legislators and the 143 million or so people whose data has been compromised — is San Francisco City Attorney Dennis Herrera, who...

Security & Fraud
From Fingerprints To Faces: Bank of America Explores Biometrics’ Next Phase
September 27, 2017

Consumers are generally accustomed to using a fingerprint to unlock their banking apps - but, are they willing to use their face - and do they think it’s secure? In this month’s PYMNTS Digital Identity Tracker™, powered by Socure, Hari Gopalkrishnan, managing director of consumer...

Security & Fraud
Equifax Bought An Identity Protection Service Just Before Disclosing The Breach
September 26, 2017

Already facing so many questions about a breach that sent much of the U.S. adult population’s personal information into the hands of hackers worldwide, Equifax now gets to answer a whole new set of questions about why exactly it bought an identification protection service called ID...

Security & Fraud
Fearful Of Fraud, FICO Wants A Closer Look At Bitcoin Transactions
September 26, 2017

The Fair Isaac Corporation — better known as FICO — has filed an application with the U.S. Patent and Trademark Office for a system designed to detect unusual and potentially fraudulent transactions. Get the Full Story Complete the form to unlock this article and enjoy...