Security & Fraud

Security & Fraud
PhishMe Is Acquired, Rebrands As Cofense
February 26, 2018

Email phishing has remained one of the most popular ways to trick people out of their money since the days of false Nigerian princes, who claimed they would share their inheritance with random strangers in a foreign land if those strangers could just do them...

Security & Fraud
Boloro: The Two Basics Of Digital Identity
February 26, 2018

What’s left to say about digital identity that hasn’t already been said? 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...

Security & Fraud
DDoS Attacks Cost Businesses $2M Each Time They Hit
February 23, 2018

New research out from the cybersecurity team at Kaspersky Lab indicates that DDoS attacks are costly today — and getting more so by the minute. According to the report, SMBs can count on a price tag of around $120 thousand on the attack, while enterprise-level...

Security & Fraud
Hackers Loved SSNs More Than Card Numbers in 2017
February 22, 2018

Who says you can’t teach an old criminal new tricks? 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...

Security & Fraud
Cisco Finds 42 Percent Of Companies Hit With DDos ‘Burst Attacks’
February 22, 2018

So-called “burst attacks” are a rising threat to organizations as they grow in complexity, frequency and duration. In fact, one study found that 42 percent of organizations experienced this type of distributed denial of service (DDoS) attack last year, Cisco said in a new report....

Security & Fraud
Identity Theft: Moving Beyond Rules-Based Russian Roulette
February 21, 2018

The Mueller indictments exposed the weak links that plague IDV in the U.S. — even highlighting that a rules-based system is flawed at best. To beat the bad guys at their game, the best defense is a robust offense that examines identities from both an...

Security & Fraud
More Arrests In Punjab National Bank Diamond Fraud Case
February 20, 2018

India’s police took more action in their investigation of the loan scam at Punjab National Bank (PNB), arresting three more employees of the bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
Indian Bank Heist Bears A Resemblance To 2016 Bangladeshi Hack
February 20, 2018

Hackers that attempted to lift about $2 million from India’s City Union Bank earlier this month used similar tactics to those observed during the $81 million bank heist in Bangladesh two years ago, according to a statement from City’s CEO. Get the Full Story Complete...

Security & Fraud
Unfriending The Friendly Fraudster
February 20, 2018

When most people hear about online fraud, they tend to think about what Noa Kalechstain, Riskified’s head of chargeback recovery, calls “classic fraud,” she explained in a recent conversation with PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...