The Internal Revenue Service recently issued a warning to U.S. employers and taxpayers to take additional cybersecurity precautions in the wake of new developments in an email W-2 phishing scam. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Businesses and banks are concerned over new proposed standards from the European Banking Authority (EBA) that would require “strong customer authentication” for all electronic payments over €10 (around $10.50). These new rules, issued in response to requirements in the Payment Services Directive, would make online transactions...
In one of the latest payment card data breaches reported affecting the hotel industry, InterContinental Hotels Group said that 12 hotels in the United States were compromised. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
A number of what The Wall Street Journal has termed “high-profile” arrests in Russia, tied in part to that country’s Federal Security Service, have pointed to Russian hacking that had an impact in the United States. Get the Full Story Complete the form to unlock...
The use of fake or synthetic identities is actually scarier than it may sound, in fact, the fraud perpetrated by the cybercriminals behind these identities is costing the U.S. nearly $50 billion per year. Pat Phelan, SVP of identity at TransUnion, recently joined PYMNTS to...
A new email scam is making the rounds — this time, cybercriminals are impersonating parcel delivery companies in Australia. 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...
Authorities in Asia and Europe have apprehended five members of an international hacking ring accused of sophisticated attacks on bank ATMs that cost the financial institutions hit about €3 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
A virus that infected the computer system of the Licking County government offices in Ohio has shut down the entire network, including that of the local police force, and a financial demand was made to restore everything back to normal, according to TechCrunch. Get the...
Consumers might have felt a bit safer using their credit card with the introduction of EMV chip technology, but thieves looking to steal your information have managed to find a way to still gain access to PIN numbers, as well as your card’s chip in...
