Security & Fraud

Security & Fraud
NEW REPORT: Bank Of America Faces Biometrics
September 26, 2017

Ever since Apple added a fingerprint scanner to the iPhone 5S in 2013, consumers have become increasingly used to interacting with biometric authentication technology. But now, less than five years later, can companies around the electronics and authentication spaces push consumers to adopt the next...

Security & Fraud
CFPB Action Against Equifax Imminent
September 25, 2017

Add the Consumer Financial Protection Bureau to the list of federal agencies expected to punish Equifax for the massive security breach that exposed the personal data of around 143 million Americans. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Security & Fraud
Glitch At National Bank of Canada Exposes Personal Information
September 22, 2017

The National Bank of Canada, the sixth largest lender in Canada, has become the latest high-profile firm to announce a data breach. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Security & Fraud
DHS Says SEC Computers Have Five Critical Cyber Security Weaknesses
September 22, 2017

It turns out even the Securities and Exchange Commission’s (SEC) computers aren’t super secure, even following a breach last year, according to a report in Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
Equifax CEO To Explain Leak To Congress
September 22, 2017

Members of Congress are getting ready to grill Equifax CEO Richard Smith, who is set to testify about his company’s massive data breach that impacted as many as 143 million Americans. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Security & Fraud
Wells Fargo CEO To Appear Before Congress
September 22, 2017

Wells Fargo, the embattled bank, will have its Chief Executive Tim Sloan testify in front of Congress early next month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Security & Fraud
SEC Reveals EDGAR Database Was Hacked
September 22, 2017

The U.S. Securities and Exchange Commission faced criticism Thursday (Sept. 21) over its cybersecurity practices and disclosures after it revealed its EDGAR database for corporate filings was hacked last year and could have been used for insider trading. Get the Full Story Complete the form...

Security & Fraud
FTC Fines Mobile App Pact For Charging Customers Who Met Exercise Goals
September 22, 2017

The Federal Trade Commission (FTC) announced Thursday (Sept. 21) it had settled with mobile app company Pact which promised cash incentives to consumers who committed to fitness and nutrition goals. Those incentive were never paid out by the health app, and consumers were instead billed...

Security & Fraud
CTFC Cracks Down On Alleged Bitcoin Ponzi Scheme
September 22, 2017

The U.S. Commodity Futures Trading Commission announced it has filed civil fraud charges against a New York man and his company over an alleged bitcoin investment scheme. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...