Retail giant Costco Wholesale Corporation sent letters this month to its customers alerting them that their payment information may have been stolen through a credit card skimmer while they were shopping at one of their stores, according to a BleepingComputer report Friday (Nov. 12). Get...
Banking customers’ expectations of their financial institutions (FIs) are changing as more transactions and activity go digital — at warp speed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Brokerage and crypto-buying app Robinhood has experienced a data security incident, resulting in a hacker stealing five million customer email addresses, the company announced Monday (Nov. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
In a breakthrough for the President Joe Biden administration’s pursuit of cybercriminals, law enforcement officials seized $6.1 million in ransom payments, and federal prosecutors charged a suspect over a July ransomware attack on American company Kaseya, according to a Department of Justice (DOJ) press release....
Live streamers based in Turkey are allegedly behind a $10 million money-laundering ring that used the live streaming platform Twitch, which is owned by Amazon, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
At least nine critical networks were hacked — including one from the U.S. — in an ongoing campaign that has compromised healthcare, defense, energy, technology, and education organizations worldwide, according to reports on Monday (Nov. 8). Get the Full Story Complete the form to unlock...
Today’s most powerful technologies are those where the processes behind that innovation are hidden or invisible from users’ consciousness. When done right, this high-functioning tech is not only seamless but creates time for users that allows them to shift their focus elsewhere. Get the Full...
Online gambling has had big payoffs for legitimate operators thanks to pandemic boredom, growing from a $64 billion market in 2020 to roughly $72 billion in 2021. Hidden within those figures — or just not recorded — are the estimated billions in wagers and winnings...
It’s a sad but simple truth: The move to remote work has increased the opportunity for fraud. Employees are more likely to make significant, serious requests over emails that are often sent from personal devices and are therefore much easier to be mimicked in a...
