Security & Fraud

Security & Fraud
FTC To Announce National Consumer Fraud Program
May 12, 2017

Over the past few months, we’ve certainly seen and reported on a lot of action involving the Consumer Financial Protection Bureau (CFPB). From banks challenging its enforcement to advocacy groups suing it to legislators criticizing its director, the CFPB has come under fire quite a bit lately....

Security & Fraud
Trump Signs New Executive Order On Cybersecurity
May 12, 2017

U.S. President Donald Trump on Thursday (May 11) signed an executive order that seeks to increase cybersecurity efforts on the part of the government, with an eye on guarding infrastructure from attacks. Get the Full Story Complete the form to unlock this article and enjoy...

Security & Fraud
FTC Warns Of Telemarketer Scam Coming From Jamaica
May 12, 2017

The Federal Trade Commission issued an alert on Thursday (May 11) warning consumers that fraudulent telemarketers based in Jamaica are targeting consumers in the U.S., telling them they won a sweepstake or a foreign lottery in an effort to get people to part with some...

Security & Fraud
NAC Says ATM Operators Aren’t Seeing Skimming Problems
May 11, 2017

The National ATM Council announced Wednesday (May 10) the results of its 2017 U.S. Retail ATM Skimming Survey and found nine out of 10 survey respondents said they have never encountered a skimming device on the ATMs’ routes. Get the Full Story Complete the form to...

Security & Fraud
O2 Confirms Hack That Wiped Out Some German Customers Bank Accounts
May 08, 2017

02, the mobile phone seller, confirmed it was the target of hackers that exploited a weakness in a protocol used by telecom networks for two-factor verification. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Security & Fraud
FBI Says There Was An Uptick In Cyber Wire Fraud In 2016
May 08, 2017

Cyber wire fraud via email had increased during the last seven months of last year, according to a new warning from the Federal Bureau of Investigation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
Intel Chips’ Hackability Problem Is Worse Than Initially Thought
May 08, 2017

Last week reports began to emerge that for the last seven years, Intel chips have contained an authentication bypass vulnerability that makes it relatively easy to remotely hijack entire fleets of computers without ever entering a password. Get the Full Story Complete the form to unlock...

Security & Fraud
Hacker Tracker: Sabre Investigating Breach, Card Testing On The Rise
May 05, 2017

It’s been a big week in the broader cybersecurity realm, starting with a data breach of Sabre Corporation’s hospitality 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...

Security & Fraud
Wells Fargo May Targeted Undocumented Workers With Fake Accounts
May 05, 2017

Wells Fargo Chief Executive Tim Sloan denied the company had specifically targeted undocumented workers during the years workers were creating fake customer accounts, but according to a former Wells Fargo employee, Yesenia Guitron, that is exactly what Wells Fargo did. Get the Full Story Complete...