Security & Fraud

Security & Fraud
Japan Goes After Crypto Exchanges That Have Lackluster Internal Controls
March 08, 2018

The Financial Services Agency in Japan has targeted seven cryptocurrency exchanges after the theft of $530 million in digital tokens earlier this year, ordering two of the exchanges to halt their businesses for a period of time. Get the Full Story Complete the form to...

Security & Fraud
Why Innovation’s Fast Pace Shouldn’t Slow Down Payments
March 08, 2018

Every business walks the same tightrope when it comes to processing payments: Convenience versus security. It doesn’t matter if the business is consumer-facing or serving other businesses (B2B); security is top of mind for all of them, yet adding more layers can introduce more friction,...

Security & Fraud
FTC Announces New Medicare Cards And Scam Prevention Tips
March 07, 2018

The Federal Trade Commission (FTC) has announced that new Medicare cards will be mailed out starting next month. 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...

Security & Fraud
World Economic Forum Creates Working Group To Grade FinTechs On Cybersecurity
March 07, 2018

The World Economic Forum has created an industry group tasked with upgrading the cybersecurity of financial technology companies, as partnerships between FinTechs and traditional financial institutions (FIs) increases. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Security & Fraud
Applebee’s Hit With POS Data Breach
March 06, 2018

After its point of sale (POS) systems were reportedly affected by malware designed to capture credit card information, RMH Franchise Holdings is warning that its Applebee’s restaurants in 15 states suffered a data breach. The company said all its 167 locations were impacted, Bank Info...

Security & Fraud
ATM Debit Card Fraud Hit 10 Percent In 2017
March 06, 2018

A new report has revealed that there was a 10 percent increase in the number of payment cards compromised at U.S. ATMs and merchants in 2017. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
Beware Malware ‘Cocktails,’ Warns SonicWall
March 06, 2018

Malware is up – and beware the malware cocktails. 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
iTunes Gift Cards Help IRS Scammers Net $54M
March 06, 2018

With taxes due soon, consumers are being targeted with tax scams, which have been making the bad guys big bucks. 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
NIS America Hit By Data Breach
March 05, 2018

Nippon Ichi Software announced news that its American division, NIS America, was the victim of a major data breach that exposed the personal and financial data of online customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...