The firm responsible for paying out $4 billion to victims of Bernard Madoff’s Ponzi scheme has been spending millions on related billings, including the retention of a Victim Fund administrator, over the past four years. Victims haven’t seen a dime. Get the Full Story Complete...
Target Corp. will pay $18.5 million to settle claims related to the massive data breach that compromised 40 million customers’ credit and debit cards in 2013. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Fiserv, the global provider of financial services technology solutions, announced May 23 the availability of SecureNowTM, a centralized, real-time cybersecurity platform designed specifically for digital financial services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Could removing human error from the authentication equation stop attacks like WannaCry before they begin? In the May Digital Identity Tracker™, powered by Socure, PYMNTS caught up with Brett McDowell, executive director of the FIDO Alliance, about how biometrics and second-factor authentication are replacing error-ridden,...
North Korea is the likely culprit behind the WannaCry cyber attack that managed to infect 300,000 computers worldwide. That comes care of cyber security firm Symantec, which confirms its researchers found multiple links between early versions of WannaCry and the code in previous outings by...
Russian cybercriminals pulled off a small mobile banking heist on their own countrymen with malware for Android mobile devices. By cybercrime standards it was a fairly small take — about 50 million roubles ($892,000) — but all evidence suggests that the domestic efforts were something...
SWIFT announced Monday (May 22) that it is setting global customer security standards and boosting its overall transparency on cybersecurity among users of the SWIFT network. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Whether it’s safeguarding sensitive personal and financial information from attacks like WannaCry or authenticating travelers at an airport, security is top of everyone’s mind these days. And, increasingly, governments and corporations alike are turning to new tech to help boost protection. Get the Full Story...
What might lie behind the cyberattacks emanating from North Korea? Possibly Unit 180, which Reuters reports is a “special cell” within the country’s main spy agency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
