Security & Fraud

Security & Fraud
Equifax Settles With NY AG Over App Security
December 16, 2018

The Office of the New York State Attorney General Barbara Underwood announced late last week it reached settlements with five companies whose mobile apps failed to keep user data safe when it was being sent over the internet. Get the Full Story Complete the form...

Security & Fraud
Chinese Hackers Target Navy Contractors To Steal Military Secrets
December 14, 2018

Chinese hackers have targeted U.S. Navy contractors and subcontractors to steal classified military information, according to a report by The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
Facebook: API Bug May Have Exposed 6.8 Million Users’ Photos
December 14, 2018

A photo API bug may have affected 6.8 million Facebook users who gave permission for third-party apps to access their photos, according to a post by the company on Friday (Dec. 14). Get the Full Story Complete the form to unlock this article and enjoy...

Security & Fraud
Senators Call For Deutsche Investigation
December 14, 2018

Two senators are calling for a banking committee investigation of Deutsche Bank’s compliance with U.S. safeguards against money laundering. According to Bloomberg, Senator Elizabeth Warren and Senator Chris Van Hollen sent a letter to the committee chairman Senator Mike Crapo, asking for an investigation into...

Security & Fraud
Vocalink: Freezing Mule Accounts With AML Tech
December 14, 2018

Whoa, mule. 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 newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from...

Security & Fraud
AriseBank To Pay $2.3M Over ICO Violations
December 13, 2018

AriseBank, a startup that ran afoul of regulators in the U.S. with its initial coin offering (ICO), agreed to pay $2.3 million, reported The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Security & Fraud
Govt. Cyberattacks May Be Linked To Lazarus Group
December 12, 2018

Dozens of companies around the world were infiltrated by hackers using malicious software programmed to steal information, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
FCA: UK Banks Face Cybersecurity Risks
December 12, 2018

The Financial Conduct Authority (FCA), the U.K. watchdog, released the findings of a study Wednesday (Dec. 12) showing that boards and management committees at companies don’t have an understanding of the cyber risks that pose a threat to their organizations. Get the Full Story Complete...

Security & Fraud
Marriott Hack Part Of Broader Chinese Intelligence-Gathering Effort
December 12, 2018

The Marriott data breach which exposed the data on about 500 million guests was part of a wider campaign by China to gather information, reported The New York Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...