Bad news this morning for SWIFT — the rather centrally important global financial platform. According to Reuters, cybercriminals who managed to lift $81 million from the Bangladesh central bank earlier this year probably managed that feat by hacking SWIFT’s software. That, at least, is the opinion...
Schadenfreude, the German word for joy at the pain or misery of others, is one of the more perfect lingual creations of mankind. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Everyone is getting into the business of selling things via the cloud — even cybercriminals. 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,...
Good news and bad news for those whose data was breached in the hack of adulterous dating website Ashley Madison. The goods news: They can sue. The bad news: The 42 plaintiffs in the case are going to have to make their names known if...
Investigators looking into one of the world’s biggest cyberheists believe the bank’s own security shortcomings left it vulnerable to fraudsters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The Consumer Financial Protection Bureau said on Thursday (April 21) that it had taken action against the cofounding duo of a company that resold loan applications without taking security precautions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The U.S. Federal Communications Commission announced its plans to study the technology behind the mobile hack that allows cybercriminals to gain unauthorized access to a device just by knowing a phone number. Get the Full Story Complete the form to unlock this article and enjoy...
Cybercriminals are getting smarter, but thankfully, so is the technology that is designed to thwart them. Brad Wiskirchen, CEO of Kount, described the need for online merchants to have a multilayered approach to fighting fraud landscape.
FBI Director James Comey confirmed on Thursday (April 21) that the agency spent more than his salary over the next seven years and four months in order to gain access into the encrypted iPhone of one of the San Bernardino shooters, Reuters reported. Get the Full...
