Security & Fraud

Security & Fraud
Checks Drive 65% of Fraud Losses
September 11, 2025

The hidden drag on billing modernization isn’t paper alone. 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,...

Security & Fraud
Fifth Third Says $200 Million Loan Fraud Isolated Incident
September 10, 2025

Fifth Third Bank says a fraud incident on a $200 million loan was a one-time occurrence. 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,...

Security & Fraud
Treasury Marks 66% Jump in Scam Losses From SE Asia
September 09, 2025

The Department of the Treasury sanctioned a network of cyber scammers based in Southeast Asia. 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,...

Security & Fraud
Hackers Target Salesloft and Drift in Social Engineering Attack
September 05, 2025

The number of companies impacted by the cyberattack on Salesloft’s Drift, and the ultimate severity of the attack, are reportedly still unknown. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Security & Fraud
Scams Now Make Up 27% of US Banks’ Fraud Losses
September 02, 2025

Fraudsters are borrowing from growth marketers’ playbooks. They’re segmenting, personalizing and timing their outreach to lure more victims in less time. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Security & Fraud
Baltimore Loses Over $803,000 to Fraud Involving Vendor Payments
August 27, 2025

The City of Baltimore lost over $803,000 when a fraudster diverted two of the city’s electronic fund transfer (ETF) payments intended for a vendor to another bank account. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Security & Fraud
FinCEN Sounds Warning on Virtual Currency Kiosk Scams
August 04, 2025

The Treasury Department is warning financial institutions to watch for scams involving convertible virtual currency (CVC) kiosks. 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,...

Security & Fraud
Scammers Share of Banking Fraud Losses Doubles to 27%
July 29, 2025

The escalating sophistication of financial scams is forcing financial institutions to re-evaluate their defense strategies, as new research reveals that criminals are now mimicking legitimate business tactics to defraud consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
Google AI Chatbot Target of Potential Phishing Attacks
July 15, 2025

Researchers discovered a security threat in Google’s artificial intelligence chatbot. 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...