Security & Fraud

Security & Fraud
Major Retailers Brace For Gift Card Fraud
November 23, 2018

To counter fraud as the holiday season approaches, Best Buy, Target and Walmart made changes to their gift card programs. The moves were announced by the attorneys general of Pennsylvania and New York, Reuters reported. They also come amid an initiative to take on fraudsters...

Security & Fraud
USPS API Security Flaw Exposed 60 Million Users’ Data
November 23, 2018

A flaw on the website of the U.S. Postal Service (USPS) reportedly exposed account data for an estimated 60 million users, KrebsOnSecurity reported Wednesday (November 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
Goldman Sued Over 1MBD Scandal
November 21, 2018

Goldman Sachs is being sued by an Abu Dhabi sovereign wealth fund over what is being termed the Malaysian 1MDB scandal. The suit was filed in New York, reported the Financial Times (FT), on behalf of the International Petroleum Investment Company (IPIC) and seeks unspecified damages...

Security & Fraud
Glitch Exposes Amazon Customer Emails
November 21, 2018

In what it described as a “technical error,” Amazon confirmed Wednesday (Nov. 21) that some of its customer names and emails have been exposed, and the company has notified the affected users. Get the Full Story Complete the form to unlock this article and enjoy...

Security & Fraud
PODCAST: Why Fraudsters Are So Ready To Feast On Marketplaces This Holiday Season
November 21, 2018

Experts are predicting big things for the 2018 holiday shopping rush. 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...

Security & Fraud
Department Of Justice Accuses Globvision CEO Raul Gorrin Of Bribery
November 20, 2018

The U.S. Justice Department has accused Raul Gorrin, the owner of Globvision, the Venezuelan television channel and Seguros La Vitalicia, the insurance firm, for bribing officials in the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
Italian Certified Email Accounts Targeted In Cyberattack
November 20, 2018

The government of Italy was hit with a major cyberattack, violating data privacy by exposing thousands of Italian certified email accounts, including around 9,000 magistrates, as well as members of a top inter-governmental security agency. Get the Full Story Complete the form to unlock this article...

Security & Fraud
Danske Bank Whistleblower Implicates Major EU Bank, US Lenders
November 19, 2018

Danske Bank whistleblower Howard Wilkinson, speaking during a public hearing at the Danish parliament Monday (Nov. 19), contended that a major European bank helped to process as much as $150 billion in suspicious payments, and noted that two U.S.-based lenders were involved. Get the Full...

Security & Fraud
Third-Party Data Breaches Rise To 61 Pct In US
November 15, 2018

Opus, the provider of global compliance and risk management solutions, announced Thursday (Nov. 15) the results of the third annual Ponemon Institute’s “Data Risk in the Third-Party Ecosystem” study, which found that 59 percent of companies surveyed said they have experienced a data breach caused...