SWIFT global payments network has agreed to help Bangladesh Bank rebuild its infrastructure after hackers stole $81 million in 2016. 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...
After being implicated in one of the largest money laundering scandals ever, Estonia is struggling to realize its dream of becoming a digital society, according to Reuters. The country’s top banking regulator has cautioned that Estonia is vulnerable to unclean money and potential sanction breaches, stemming from...
Wirecard’s shares fell 28 percent on Friday (Feb. 1) after a report in the Financial Times alleged that a law firm hired by the payments company found evidence of “serious offenses of forgery and/or of falsification of accounts” at Wirecard’s Singapore office. Get the Full Story Complete...
An Indian web system — used to mark attendance for government workers, which records names, photos and unique Aadhaar numbers — was easily compromised, and led to the access of private information for thousands of workers, reports showed. Get the Full Story Complete the form to...
The German financial regulator has opened a preliminary investigation into possible market manipulation after a report on alleged misconduct at Wirecard led to a drop in the company’s share price. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Home improvement startup Houzz revealed that it suffered a data breach. The company said in a FAQ on its website that the breach was discovered in late December 2018, and that “a file containing some of our user data was obtained by an unauthorized third party.” Once...
Wirecard Chief Executive Officer Markus Braun saw his fortune take a hit as shares of his company declined due to a report that alleges fraud at the payments enterprise. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Rubrik, an IT security and cloud data management company, has suffered a massive data leak. The company pulled the server offline on Tuesday (Jan. 29) after being alerted to the leak, which was discovered by security researcher Oliver Hough. The exposed server wasn’t protected with...
Equifax’s data breach of nearly two years ago hasn’t taught a majority of Fortune 100 companies a lesson, with reports stating that most are using the same vulnerable version of software that enabled hackers to infiltrate Equifax. Get the Full Story Complete the form to...
