Security & Fraud

Security & Fraud
Access Group Education Leaks Data On Student Loan Borrowers
April 30, 2018

Access Group Education Lending, the student loan servicing company, has been the subject of a data breach. 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...

Security & Fraud
Kaspersky Lab Sees Rise In Botnet Activity
April 27, 2018

Kaspersky Lab saw an increase in activity by both old and new botnets as well an increase in popularity of amplification distributed-denial-of-service (DDoS) attacks in the first quarter of 2018. The company also noticed the return of long-lasting (multiday) DDoS attacks, according to its 2018 DDoS...

Security & Fraud
India Investigating $90M Loan Fraud At IDBI Bank
April 27, 2018

India might be dealing with more illegal activity at a bank. This time, it’s an alleged 6 billion rupee ($90 million) case of loan fraud at IDBI Bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Security & Fraud
Uber Updates ‘Bug Bounty’ Payments Policy
April 26, 2018

Uber is changing its policy on bug bounties, payments to people who expose data security problems, Reuters reported on Thursday (April 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Security & Fraud
Hotel Key Cards Can Be Hacked Into A Master Key
April 26, 2018

A new study has found that hackers can use a used hotel key card to create a master key that gains entry into any room in the building without detection. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
Equifax’s Data Breach Has Cost It $242.7M
April 26, 2018

Equifax, the embattled credit scoring company that is still reeling from last fall’s massive data breach that exposed information on more than 145 million people, has spent $242.7 million dollars on the breach. Get the Full Story Complete the form to unlock this article and...

Security & Fraud
Cyberattacker Shut Down In Global Police Action
April 25, 2018

Authorities shuttered one of the largest cyberattack organizations in the world yesterday, making arrests in four countries and seizing assets and infrastructure in three others, the Associated Press reported. Europol, a joint European police agency, said it shut down webstresser.org, calling it the largest source...

Security & Fraud
Socure’s Names Tom Thimot New CEO As Sunil Madhu Becomes New CSO
April 25, 2018

Socure, the provider of predictive analytics for digital identity verification, announced Wednesday (April 25)  that it names Tom Thimot Chief Executive Officer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Security & Fraud
SEC Fines Altaba $35M For Yahoo Data Breach
April 24, 2018

The Securities and Exchange Commission (SEC) announced news on Tuesday (April 24) that Altaba, the entity formerly known as Yahoo, has agreed to pay a $35 million penalty to settle charges related to the massive data breach at Yahoo that exposed the personal data of hundreds...