Security & Fraud

Security & Fraud
Hackers Are Using The IoT To Test Stolen Passwords
October 13, 2016

In news that will likely come as a surprise to no one given the never-ending proliferation of cyber-attacks over the last decade or so, hackers have found a new and exciting way to turn DVRs, satellite antennas and networking devices against their owners. Apparently all...

Security & Fraud
Decoding The Alphabet Soup Of Compliance
October 13, 2016

From AML to KYC, and even CIP, there’s no shortage of acronyms in the regulatory and compliance space. Sunil Madhu, founder and CEO of Socure, joined Karen Webster to break down what these terms really mean and share his own insights on some of the...

Security & Fraud
Another Group of Hackers Target Swift, According To Symantec
October 12, 2016

A second hacking group is targeting banks through the Swift Inerbank Messaging system, according to a report out from cyber-security firm Symnatec yesterday (Oct. 11). The group is leveraging similar but distinct tactics from the group that orchestrated an $81 million hack of Bangladesh’s Central...

Security & Fraud
Q2 Rolls Out Tracking Fraud Alerts Tool
October 12, 2016

Q2 Holdings, a provider of secure, cloud-based digital banking solutions for community-focused financial institutions, announced on Tuesday (Oct. 11) the launch of its Centrix Dispute Tracking System (CentrixDTS) Fraud Alerts module, an add-on to the case management and Regulation E compliance platform financial institutions use...

Security & Fraud
Malware Campaign Has Been Plaguing Financial Companies Since Start Of Year
October 12, 2016

Security company Symantec revealed on Tuesday (Oct. 11) that, since the start of the year, a malware campaign, dubbed Trojan.Odinaff, has been targeting a number of financial organizations around the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Security & Fraud
Flushing Out The Fraudsters
October 12, 2016

Hiding in plain sight. That’s the game that fraudsters are playing, and the web makes it easier and easier for them to use legit web storefronts to conduct their nefarious business. G2 Web Services CPO Dan Frechtling tells Karen Webster how they do it and...

Security & Fraud
Theranos Thrashed By Investor Law Suit
October 11, 2016

Theranos, the health and medical laboratory services firm, which promised extensive testing was possible from a single drop of blood, is being sued by one of its biggest investors. Partner Fund Management claims that the firm exaggerated the number of tests the technology could perform...

Security & Fraud
Apple Watches Booted From UK Cabinet
October 11, 2016

The U.K.’s Cabinet ministers will no longer be allowed to wear Apple Watches during meetings. 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
The More Social You Are Online, The Higher The Likelihood Of Identity Theft
October 11, 2016

ID Analytics, a consumer risk management company, announced on Monday (Oct. 10) that, based on a new study, there is a direct correlation between a consumer’s level of online exposure and their risk of identity theft. Get the Full Story Complete the form to unlock...