Security & Fraud

Security & Fraud
EU Puts Big Bank Cybersecurity To The Test
January 24, 2017

With cyberattacks on the rise, the European Union may be taking new steps to ensure banks are at the top of their cybersecurity game. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
Digital Identity Tracker: Why Banks Farm Out Mobile Security
January 24, 2017

When it comes to choosing a bank, for consumers it’s increasingly about the app. It’s then up to the bank to ensure the app is safe. For the January Digital Identity Tracker™ cover story, PYMNTS spoke with Don Bergal, CMO at financial tech firm Avoka...

Security & Fraud
SEC To Take A Closer Look At Yahoo Breaches
January 23, 2017

Adding to its mounting list of headaches — Yahoo is now facing a probe from the Securities and Exchange Commission as to whether or not it could have acted more promptly in response to two massive data breaches that left over a billion customers’ information...

Security & Fraud
Meitu Selfie App May Compromise Users’ Security
January 23, 2017

Meitu’s selfie app is growing in popularity in the U.S., but the app asks for a lot of information that could put users’ security at risk. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
US Data Breaches Reach All-Time High Last Year
January 23, 2017

Data breaches in the U.S. reached an all-time high in 2016, with the number of breaches tracked reaching 1,093, a 40 percent increase from the year earlier. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Security & Fraud
Hacker Tracker: Money-making Ransomware, Gmail Phishing, CNP Fraud On The Rise
January 20, 2017

Data is truly lucrative. 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 daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing...

Security & Fraud
Western Union To Pay $586M To Settle With DoJ
January 20, 2017

The world’s largest money transfer company, Western Union, has agreed to pay a $586 million to settle charges that its anti-money-laundering controls were too lack, enabling millions of dollars of prohibited transactions to be completed. Get the Full Story Complete the form to unlock this...

Security & Fraud
TCF Sued By CFPB Over Overdraft Fees
January 20, 2017

TCF National Bank is getting sued by the Consumer Financial Protection Bureau (CFPB), which contends that the bank tricked consumers into overdraft services that were very costly. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Security & Fraud
Living (Dangerously) In The Land Of The Mag Stripe
January 20, 2017

The years may change, but one thing in financial services remain the same: the threat of fraud. John Buzzard, fraud executive expert of CO-OP Financial Services, joined Karen Webster to reflect on financial services in 2016 and what fraud threats should and shouldn’t be on...