The PYMNTS crypto crime series looks at the capers that have not only been committed in the cryptocurrency industry but have defined it — and especially bitcoin — in many people’s minds. In it, we’ll give you a look at the realities and the myths,...
Hackers are using email accounts and websites associated with police departments and other government agencies to send unauthorized demands for healthcare patient data, saying the information can’t wait for a court order, according to a Krebs on Security report Tuesday (March 29). In the U.S.,...
Take a close look at the profile of the “person” sending business pitches to your LinkedIn account, or perhaps through Twitter or another social networking platform. They may not really exist. The digital shift and connected economy has given rise to is the use of...
The Financial Crimes Enforcement Network (FinCEN) published Monday (March 28) its Suspicious Activity Report (SAR) data for 2021. The report contains data by industry, state and type of filing since 2014 and provides valuable information to identify trends of defined suspicious activities that financial institutions...
Sky Mavis, a crypto startup operating the popular “Axie Infinity” game, said hackers had stolen over $600 million worth in cryptocurrency, The Wall Street Journal reported Tuesday (March 29). Sky Mavis said hackers had infiltrated the company on March 23, getting into a part of...
March 2020 changed how firms look at security and compliance. As the pandemic set in and sent us all to live life and conduct commerce online, companies across all verticals had to take on an existential reckoning of sorts, Spreedly Chief Information Security Officer Jennifer...
An Estonian man on Friday (March 25) was sentenced to 66 months in prison for his role in a years-long scheme that included computer hacking, moving stolen goods and money and using stolen financial account information to make money, according to a U.S. Justice Department...
Lebanon’s central bank chief was charged with illicit enrichment and money laundering by Lebanese Judge Ghada Aoun, while a Nevada man pleaded guilty to laundering funds solicited for BitClub Network, according to reports. Riad Salameh, the governor of Banque du Liban since April 1993, is...
Prosecutors in Manhattan have accused a former party producer of using bitcoin to launder millions in for a “rolodex of crooks” around the world. The Manhattan district attorney’s office on Thursday (March 24) charged Thomas Spieker, 42, with multiple counts of money laundering and unlicensed...
