Security & Fraud

Security & Fraud
3 in 4 eCommerce Firms Prioritize Anti-Fraud Innovation to Prevent Data Breaches
November 20, 2023

False declines are a significant yet often overlooked issue that impacts both businesses and consumers. Picture this: You attempt to make a purchase, only to face rejection, not because of insufficient funds or fraudulent activity, but due to a false decline. These instances, where legitimate...

Security & Fraud
Report: Samsung Discloses Year-Long Data Breach in UK Store
November 16, 2023

Samsung has reportedly disclosed a year-long breach of its systems, which resulted in unauthorized access to the personal data of customers who made purchases at its U.K. store. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Security & Fraud
Prove Identity Teams With Elo to Fight Fraud in Brazil
November 16, 2023

Prove Identity says Brazilian payment tech company Elo will use its technology to battle fraud. 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...

Security & Fraud
Wisconsin Teen Pleads Guilty to Conspiracy in Betting Website Hack
November 15, 2023

A 19-year-old man from Madison, Wisconsin, has pleaded guilty to conspiracy to commit computer intrusion.  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,...

Security & Fraud
McLaren Health Care Reports Data Breach Affecting 2.2 Million Patients
November 13, 2023

McLaren Health Care, a healthcare provider based in Michigan, has reported a data breach that compromised the personal and health information of about 2.2 million patients.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
Hackers Claim ICBC Paid to End Ransomware Attack
November 13, 2023

A hacker group says the Industrial and Commercial Bank of China (ICBC) paid a ransom following an attack last week. 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
Report: $27 Million in Crypto Swiped From Binance-Linked Wallet
November 13, 2023

A hacker reportedly stole $27 million in cryptocurrency from a Binance-connected wallet. 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...

Security & Fraud
Nearly 40% of Consumers Want Payments and Credentials Vault
November 08, 2023

In today’s modern commerce landscape, convenience-driven shoppers increasingly desire a frictionless checkout experience and are embracing the ability to use stored credentials for seamless payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Security & Fraud
’Tis the Season for Fraudsters and Gift Card Scams
November 06, 2023

The holidays are upon us, and gift cards remain a favorite to give and receive. 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,...