Security & Fraud

Security & Fraud
Uber Hackers Hailed From Canada And Florida
February 07, 2018

The hackers behind the 2016 data breach of rideshare startup firm Uber were located in Canada and Florida, according to Reuters reports published Tuesday (Feb. 6). The breach, which impacted nearly 57 million accounts worldwide, resulted in compromised names, phone numbers, email addresses and drivers’...

Security & Fraud
Business Wire Suffered Week-Long Hack
February 07, 2018

Business Wire has revealed it was the victim of an almost week-long cyberattack. 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....

Security & Fraud
To Blunt Fraud, Chase The Consumer, Not The Fraudster
February 07, 2018

Here’s a novel concept in the eternal battle against payments fraud: Chase the customer. 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...

Security & Fraud
Apple, Cisco Team Up On B2B Cybersecurity Fix
February 06, 2018

Apple, Cisco, Aon and Allianz announced news on Monday (Feb. 5) that they have joined forces to create a new cyber risk management service geared toward businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Security & Fraud
In Battling Identity Fraud, Finding The (Synthetic ID) Devil Behind The Details
February 06, 2018

Millions of people are victim of identity theft each year. Post Equifax breach, the numbers will swell. The fraudsters are ever resourceful, picking and choosing data to fashion synthetic IDs. GIACT EVP of Product David Barnhardt tells PYMNTS' Karen Webster that for firms seeking to...

Security & Fraud
Denmark Sees 60 Percent Increase In Credit Card Fraud
February 02, 2018

No matter where you live, credit card fraud is a harsh reality. Take Denmark, for example, which saw a 60 percent increase in fraudulent card charges in 2016. According to Bloomberg, Danish police said reported card fraud reached 105 million kroner ($18 million USD) in 2016,...

Security & Fraud
Public Charge Stations Are Vulnerable To Fraudulent Charges
February 02, 2018

Electric car drivers need to be on the lookout for fraudulent charges on their credit cards due to a lack of security measures at some public charging stations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Security & Fraud
Diebold, NCR Warn About ATM Hack
January 29, 2018

ATM makers Diebold Nixdorf and NCR Corporation are warning that hackers are going after ATM machines in the U.S. with tools, which can result in the machines spitting out cash. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
Can ‘Healthy Friction’ Help Build Consumer Trust?
January 26, 2018

Friction isn’t a deal-breaker for mobile banking and payment apps. To be sure, too much friction can send users running back to the App Store with a one-star rating and $2.99 ready to be spent on the next platform, but a little friction isn’t a...