Security & Fraud

Security & Fraud
Hackers Have Field Day With 70M Dropbox Accounts
September 01, 2016

In hacking, as in politics, ruining people is considered sport. As noted by Business Insider on Wednesday (Aug. 31), login details tied to as many as 70 million users from Dropbox wound up being leaked across the web, and an old-age no-no — namely, that of password...

Security & Fraud
‘Romance Scamming’ On Online Dating Sites Is On The Rise
September 01, 2016

Because there just wasn’t quite enough cybercrime in the world — the ever-inventive folks using computers to separate innocent people from their money seem to have a evolved a brand new heinous tactic: creating fake profiles on online dating sites to rob people genuinely looking for...

Security & Fraud
Kimpton Hotels Caught In Data Breach
September 01, 2016

Another one bites the dust, as they say. 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...

Security & Fraud
The Cybercriminal’s Sweet Spot
September 01, 2016

Member Banks of the Society for Worldwide Interbank Financial Telecommunication (SWIFT) seem to be in the cybercriminal’s crosshairs these days. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Security & Fraud
The (Unfriendly) Fraudster Lurking Next Door
September 01, 2016

Fraudsters are launching attacks from every nook and cranny in the world, but merchants should also keep a watchful eye on the fraudster down the block. In the latest installment of the Forter Fraudster Profile Series, Forter fraud analyst Gilit Saporta joined Karen Webster to...

Security & Fraud
More Cybertheft Disclosures Coming Out Of SWIFT
August 31, 2016

More troubling revelations out of global financial messaging system SWIFT today, as disclosures are surfacing that yet more hack attacks have been discovered. These attacks have come as SWIFT has urged banks to comply with new security procedures put in place after an early 2016 hack...

Hackers Aimed At State Election Boards, According To FBI
August 30, 2016

In advance of the 2016 election, state election boards have been strongly warned to tighten up security. This warning came from the FBI’s Cyber Division after hackers accessed voter information. The Amber-level warning regarding security levels came after hackers were successful in stealing voter data from one...

Security & Fraud
Can Biometric Authentication Make Employees’ Jobs Easier?
August 30, 2016

Biometrics are FinTech’s BFF. But Karl Martin, Nymi founder and CTO, says that the only truly reliable biometric is the heartbeat, since, among other things, it says that the consumer is alive. In this issue of the Digital Identity Tracker, Martin makes his case about...

Security & Fraud
Finland Customs Agents Seized Drugs, Money From Dark Web
August 29, 2016

Finland customs agents announced on Friday (Aug. 26) they seized around €1 million earlier in 2016 in connection with a operation that was being run on an online dark market. In a statement, the Finnish customs agency also said it stopped around 15 kilos of drugs, totaling...