A new type of credit card fraud is emerging, dubbed “synthetic identity theft.” In instances of synthetic identity theft, cybercriminals create new identities to credit card accounts instead of stealing existing Social Security numbers. Get the Full Story Complete the form to unlock this article...
Digital security products company Avast announced new research Monday (Sept. 11) that shows an increase in the number of cyberattacks on Android smartphones and tablets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Credit scoring company Equifax announced Thursday (Sept.7) it had experienced a cybersecurity incident that may have impacted approximately 143 million consumers in the U.S., as well as the credit card numbers of approximately 209,000 people. Get the Full Story Complete the form to unlock this...
The European Commission is hoping to better bolster its cybersecurity operation with better consumer safeguards and a greater ability to deter attacks from abroad. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
In continued efforts tied to an investigation of $81 million stolen from Bangladesh’s central bank, the entity is sending officials to the Philippines to try to recover additional funds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Instagram, the photo sharing social media network owned by Facebook, said late last week that a cyberattack impacted more people than it previously thought. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The Federal Deposit Insurance Corp. has ended a 2014 consent order with Discover Financial Services” banking unit. 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...
Internet search browser company Yahoo, which was sold to Verizon Communications, will face a nationwide lawsuit lodged against it on behalf of more than 1 billion users. Those users were affected by the company’s recent data breaches, cyber attacks that were the largest ever. Get the...
It’s a good news/bad news sort of day for the progress of securing payments around the world via the PCI DSS standards, according to new data released by Verizon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...