Security & Fraud

Security & Fraud
BBB: Scammers Are Stealing Money Via Cash App
October 05, 2020

More scams are taking place in the pandemic era, and fraudsters are now using Cash App to swindle consumers, according to a report from WPRI 12, which cited the Better Business Bureau (BBB). Get the Full Story Complete the form to unlock this article and...

Security & Fraud
3M Anti-Counterfeit Campaign Targets Respirator Knockoffs
October 05, 2020

Multinational conglomerate 3M, a major healthcare equipment manufacturer during the coronavirus pandemic, has launched a global crackdown on counterfeit respirators and price-gouging related to a flood of knockoffs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Security & Fraud
China Says World Trade Organization Has Its Back On TikTok, WeChat Ban
October 05, 2020

China said it has found an ally in its fight against the U.S. efforts to impose restrictions on TikTok and WeChat, the mobile apps under fire by the Trump administration. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
Singapore Government Agencies, Universities Lose $749K In Scams
October 02, 2020

Cyberthieves posing as Singapore government agencies and universities stole $749,000 worth of goods after tricking companies into delivering them. 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
BEC Scam Takes $15M In Widespread Attack
October 01, 2020

Mitiga is working with law enforcement after uncovering a widespread business email compromise (BEC) scam that has netted more than $15 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Security & Fraud
SaaS Platform Kount Partners With Verifi To Help Firms Minimize Disputes, Fraud
October 01, 2020

Kount, the Boise, Idaho-based Software as a Service (SaaS) platform designed to simplify fraud detection and improve profitability, announced it has partnered with Verifi, the payment protection and management company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
Treasury Issues Red Alert As Ransomware Attacks Surge
October 01, 2020

As ransomware attacks surge and increasingly target vulnerable sectors like healthcare, the federal government’s financial crimefighting team is raising the alarm. 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
Ernst & Young Faces Backlash Over Whistleblower Report On Wirecard
September 30, 2020

One day after an Ernst & Young (EY) whistleblower’s warning about potential fraud at Wirecard was made public, the global accounting firm is facing backlash, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
Singapore Banking Regulator Shuts Wirecard
September 30, 2020

Singapore’s financial regulatory authority announced Wednesday (Sept. 30) it has directed Wirecard AG to end its payment services in the Southeast Asian country and return customers’ funds by Oct. 14. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...