Security & Fraud

Lawsuit Challenging CFPB Constitutionality Moving Forward
July 27, 2015

The Consumer Financial Protection Bureau (CFPB) may be facing a legal challenge to its very existence. 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...

US Government Gets Hacked Again
July 27, 2015

The hacking group known as Anonymous has struck again, this time against the U.S. Census Bureau. 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...

Behind The Secret Doors Of MasterCard’s DigiSec Lab
July 24, 2015

MasterCard announced this week that it has opened the doors to its digital security facility for consumer viewing. 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...

Helping The Password-Memory-Challenged
July 24, 2015

Password Boss said Thursday (July 23) that it is debuting a free password manager and digital wallet “designed for anyone who has trouble remembering their passwords.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

International
UK Watchdog: Contactless Cards ‘Putting Millions At Risk’
July 24, 2015

Research conducted by U.K.-based consumer watchdog group Which? showed the card numbers and expiration dates of contactless cards can be captured through the use of a simple scanner, opening the door for millions of users to be exposed to fraud, The Daily Mirror reported yesterday...

News
Experian Sued For Credit Scammer ‘Negligence’
July 23, 2015

The credit bureau is being sued for allegedly overlooking the fact that a scammer who resold consumer data through a criminal service was a customer of its data broker subsidiary Court Ventures for almost 10 months, cybersecurity journalist Brian Krebs reported Tuesday (July 21).

News
Symantec Is Already Planning For A Safer Cyber Monday
July 23, 2015

While Cyber Monday is still months away, information protection company Symantec is challenging eCommerce retailers to make this year’s annual online shopping event, which takes place on the Monday following Thanksgiving and Black Friday, the safest on record.

Look Inside Target’s Cyber Fusion Center
July 23, 2015

Retailer Target offered up a look into the day-to-day operations of its new “Cyber Fusion Center.” 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...

FTC Accuses LifeLock Of Misleading Consumers
July 23, 2015

LifeLock shares took a hit on Tuesday (July 21) after the Federal Trade Commission said that same day that the data security company failed to deliver on its pledges to safeguard consumer data or honor a five-year-old regulatory sanction that disallowed false claims tied to its services....