Security & Fraud

Security & Fraud
Cyberattacks Cost US Economy As Much As $109B In 2016
February 19, 2018

Cyberattacks cost the U.S. economy upwards of $109 billion in 2016, with activity coming from inside the country as well as outside. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Security & Fraud
Mueller Indictment Exposes ID Theft Risks
February 19, 2018

The Russians are coming. 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, you agree to receive marketing...

Security & Fraud
Intel Faces Lawsuits For Security Flaws In Microchips
February 16, 2018

A month after security researchers publicized security flaws in Intel’s microchips, along with those of other manufacturers, the company is facing 32 lawsuits over the vulnerabilities. Intel was not able to estimate how much those lawsuits might cost the company, Reuters reported. Get the Full Story...

Security & Fraud
FedEx Hacked, Says No Data Compromised  
February 16, 2018

FedEx said on Thursday (Feb. 15) that it has found no evidence that private customer data was “misappropriated” when it was made visible on an unsecured server earlier in February. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
81 Percent Of Senior Execs Lack Confidence In Their Cybersecurity
February 16, 2018

A new survey shows that cybersecurity is the biggest worry for companies, especially since few of them feel prepared to handle an attack. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
Russian Central Bank Says $6M Hack Linked To SWIFT
February 16, 2018

The Central Bank of the Russian Federation is reporting a SWIFT hack last year that saw hackers made 339.5 million rubles ($6 million) disappear.  The disclosure was snuck onto the end of a central bank report on digital thefts out of Russian banks, according to Reuters...

Security & Fraud
Warren Slams Wells Fargo Over Error-Riddled Refunds
February 15, 2018

Wells Fargo is facing new scrutiny, this time over its failed attempts — riddled with errors — to repay its customers. 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
US Intelligence Agencies Advise Against Buying Huawei, ZTE Smartphones
February 15, 2018

Huawei and ZTE, two Chinese technology companies, have been dealt a blow Wednesday (Feb. 14) after U.S. intelligence agencies issued a warning to consumers: stay away from smartphones made by the two companies. Get the Full Story Complete the form to unlock this article and...

Security & Fraud
Massachusetts Department of Revenue Exposes The Data Of Business Taxpayers
February 15, 2018

A data glitch at the Massachusetts Department of Revenue accidentally exposed the private data of around 16,500 business taxpayers. 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...