Russian police have arrested five alleged members of a cybercrime gang responsible for Android malware that both stole payment card data and locked up smartphones, demanding a ransom, Forbes reported on Monday (April 13). Get the Full Story Complete the form to unlock this article...
A New Jersey man has been sentenced to more than 12 years in prison and a $50 million fine for his part in a global payment-card fraud ring based in Russia, the U.S. Justice Department said last week. Get the Full Story Complete the form...
When the history of cybersecurity in the digital age is written, it may be possible that the extreme and detailed coverage of Hillary Clinton’s use of personal email to transact State Department business will go down as one of the great examples of burying the...
A new report from security firm FireEye released yesterday (April 12) accuses the Chinese government of having involvement in a decade-long cyber espionage operation aimed at attacking government agencies, corporations and journalists in India and across Southeast Asia. Get the Full Story Complete the form...
GE Capital will sell off about $275 billion in assets over the next two years in an effort to get rid of its designation as a Systemically Important Financial Institution (SIFI), GE announced on Friday (April 10). Get the Full Story Complete the form to...
A hotel management group has confirmed payment-card breaches in 10 of its hotels, just months before the affected point-of-sale (POS) systems were scheduled to be converted to tokenization — which might have blocked the breaches. Get the Full Story Complete the form to unlock this...
Citi Chief Economist Willem Buiter is arguing that cash should be outlawed, so central banks will be able to reduce interest rates below zero in times of crisis, according to Bloomberg News. Get the Full Story Complete the form to unlock this article and enjoy...
SendGrid, a mass email service used by big name firms like Uber, Spotify and Pinterest (among 180,000 other companies), seems to be the means hackers used to go after bitcoin exchange Coinbase. Get the Full Story Complete the form to unlock this article and enjoy...
First Alibaba, now Amazon. It seems that for eCommerce leaders, monitoring fraudulent behavior is just one of the tasks that comes with the territory. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
