Security & Fraud

Security & Fraud
FINRA Fines Deutsche Bank $12.5M
August 09, 2016

The Financial Industry Regulatory Authority (FINRA) has fined financial giant Deutsche Bank Securities $12.5 million on Monday (Aug. 8), Reuters reported. The fine came in tandem with findings that the firm had not monitored employees that had access to information disseminated over so-called “squawk box”...

Security & Fraud
Security Flaw In Samsung Pay Highlighted At Recent Security Confab
August 09, 2016

Mobile payments are all the rage and rightfully so. They make purchasing easy to do and require consumers to carry one less item on them. But there is also a dark side of mobile payments, and it’s apparently rearing its head with Samsung Pay. That’s...

Security & Fraud
The Blurred Lines Of Digital Identity Authentication
August 09, 2016

As technologies advance and digital endpoints increase, the job of authenticating that people are who they say they are gets tougher. Sunil Madhu, CEO of Socure, joined Karen Webster for a discussion on what the digital identity landscape really looks like today and how that...

Security & Fraud
Walmart Shoppers Are About To Get Phished
August 08, 2016

Despite all the sophisticated tools that basement-dwelling hackers have at their disposal, often, the best way of obtaining information you otherwise shouldn’t have is by taking the path of least resistance. As Walmart shoppers are finding out now, that path is as simple as asking...

Security & Fraud
Banks In Brazil Being Targeted By Zeus Trojan Variant As Rio Olympics Kicks Off
August 08, 2016

The 2016 Rio Olympics kicked off on Friday (Aug. 5), and there are already hackers out targeting Brazilian banks. 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...

Security & Fraud
Liverpool Gang Sentenced To 36 Years For Blowing Up, Robbing ATMs
August 08, 2016

A brazen gang of criminals that used oil tanks to blow up and rob ATMs in Scotland were collectively sentenced to 36 years in jail. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Security & Fraud
Bitfinex Announces 36 Percent Loss For Hacked Customers
August 08, 2016

In the wake of disruption by hackers last week that caused Hong Kong-based bitcoin exchange Bitfinex to lose $72 million, the firm said customers would lose 36 percent of assets held through the digital platform. Get the Full Story Complete the form to unlock this article...

Security & Fraud
Password Hacks Push Big Changes On Big Tech
August 08, 2016

It has been a rough few months for high profile social media accounts – Mark Zuckerberg has been hacked, as has Google CEO Sundar Pichai and Twitter CEO Jack Dorsey.  All through the magic of password hacking – and the fact that even tech CEOs don’t follow...

Security & Fraud
Security Firm Hired To Rid Pokémon From The Map
August 08, 2016

Not everyone is being swept up in the Pokémon GO craze. Cybersecurity firm LookingGlass has been hired by power utility companies in Florida to get Pokémon off the map. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...