Security & Fraud

Security & Fraud
Say Hello To The New Kids On The Fraudster Block
August 18, 2016

It’s natural to worry about teens acting reckless on the roads when they first get their driver’s license or even skipping school, but what about hacking into your POS system? Yes, that’s right. Many we consider to be the “hope of the future” are actually...

SWIFT Too Slow On Security Risks?
August 18, 2016

Small banks may have proven to be a security risk for SWIFT, but a new report quotes current and former executives who say too little was done too late, despite the warning signs.

Security & Fraud
Following The Ransomware-As-A-Service Money Trail
August 18, 2016

IT security company Check Point released its in-depth research on the growing threat of Ransomware-as-a-Service (RaaS). 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...

Security & Fraud
Bangladesh Central Bank Won’t Sue The NY Fed, SWIFT Over $81 Million Hack
August 17, 2016

It looks like after all the Sturm und Drang, Bangladesh’s central bank will not take action against the Federal Reserve Bank of New York and SWIFT network over the $81 million theft it suffered earlier this year. Instead, the bank confirms that it will be working...

Security & Fraud
ACI Worldwide Teams With Ethoca On Merchant Fraud Alerts
August 17, 2016

ACI Worldwide, a provider of real-time electronic payment and banking solutions, announced an integration agreement on Tuesday (Aug. 16) with Ethoca, a provider of collaboration-based technology solutions for credit card companies and online merchants. Get the Full Story Complete the form to unlock this article...

Security & Fraud
Two Alleged Dark Web Drug Dealers Busted By California Prosecutors
August 17, 2016

Ever since Silk Road got shut down, the dark web has been in the spotlight, but that hasn’t seemed to deter those looking to run afoul of the law online. In the latest case of drug peddling on the dark web, federal prosecutors in California are accusing...

Security & Fraud
Are 80% Of Android Phones Vulnerable To Hacker Take-Over?
August 16, 2016

Looks like Android phone owners have a new bug to worry about. 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...

Security & Fraud
Group Of Hackers Claim To Breach NSA Hackers, Auctioning Off Stolen Data
August 16, 2016

NSA’s team of elite hackers has reportedly been compromised, with an anonymous group, calling itself Shadow Brokers, saying it breached the systems used by the NSA’s elite team of hackers that go by the name of Equation Group. Get the Full Story Complete the form to...

Security & Fraud
Cryptsy CEO Denies He Moved Millions Of Dollars In Funds From Service
August 16, 2016

Paul Vernon, chief executive of now-defunct digital currency exchange Cryptsy, is denying allegations he took millions of dollars in funds from the service and moved it to his personal accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...