Security & Fraud

Security & Fraud
Senate Unanimously Approves Cybersecurity Legislation
March 02, 2022

The U.S. Senate has approved new cybersecurity legislation that will make it so infrastructure organizations have to report cyberattacks within 72 hours and ransomware payments within one day, ZDNet reported Wednesday (March 2). Get the Full Story Complete the form to unlock this article and...

Security & Fraud
Hackers Post Nvidia Personnel Data Online After February Breach
March 01, 2022

Following the recent Nvidia hack, it has now been revealed that hackers stole employee credentials and proprietary information and posted it online, Bloomberg reported Tuesday (March 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Security & Fraud
Cyberattack Forces Closure of Toyota’s Japanese Factories
February 28, 2022

Toyota said it will suspend production at its Japanese factories after a cyberattack directed at a supplier of plastic and electronic components, triggering a loss of about 13,000 cars, according to a on Monday (Feb. 28) Reuters report. Get the Full Story Complete the form...

Security & Fraud
BitConnect Fraud Indictment Highlights the ICO Era Driving Crypto Enforcement Today
February 28, 2022

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Security & Fraud
Poland Expects More Cyberattacks on Government Platforms
February 25, 2022

The Polish government and the nation’s payment clearinghouse have experienced more cyberattacks recently, the federal chief of cybersecurity said Friday (Feb. 25), Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
Automated Certification Emerges as Key Line of Defense in Banks’ Fight Against Hackers
February 25, 2022

Open a newspaper, turn on the TV or click on a link, and you’ll see any number of headlines — seemingly every day — that shine a spotlight on just how vulnerable our data can be, and how hackers are leveraging business email compromises and...

Security & Fraud
Utility Scams Using Mobile Payment Apps Rise 150% From January ’21
February 24, 2022

Scams targeting users of mobile payment apps such as Cash App, QuickPay, Venmo and Zelle are surging, the Better Business Bureau and Illinois utility Commonwealth Edison warned Thursday (Feb. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
ID.me Adds Humans to Its Automated Verification Services
February 24, 2022

Online verification service ID.me, which counts the IRS among its clients and recently endured criticism over certain practices, Thursday (Feb. 24) announced a decidedly low-tech way to blunt critics. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
SIM Swap Fraud Spotlights Biometrics, Behavioral Analytics as Defense
February 21, 2022

The mobile phone, increasingly, is becoming the means through which criminals are impersonating unwitting victims, and stealing from them. 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...