Security & Fraud

Security & Fraud
Attempted Cyberattack Cost Turkish Bank $4M
December 19, 2016

Turkey’s Akbank financial institution was targeted by hackers via the SWIFT global money transfer system earlier this month. While the bank confirmed no customer data was compromised by the threat, the maximum risk Akbank will face is $4 million, Reuters reported. Get the Full Story...

Thanks To Breaches, Cyberinsurance Is Growing Fast
December 19, 2016

There are all types of insurance — home, health, auto, to name a few. But the fastest-growing insurance in America? 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
The Fight Against Russian Hackers Gets Tougher
December 19, 2016

U.S. authorities are facing increasing difficulty when it comes to detaining and discouraging Russian hackers. 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,...

Security & Fraud
Symantec Helps Take Down Global Cybercrime Ring
December 19, 2016

Research from cybersecurity company Symantec was used to help dismantle the international cybercriminal gang dubbed “Bayrob.” 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...

Security & Fraud
’Tis The Season … For POS System Attacks?
December 16, 2016

It’s the most wonderful time of the year… especially if you’re a hacker. 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
Need Some Hacked Yahoo Data? Try The Dark Web.
December 16, 2016

Earlier this week, the world learned that Yahoo has been hacked — in a very, very big way.  At some point in 2013, cybercriminals made off with the records of more than 1 billion users, including names, birth dates, phone numbers, passwords that were encrypted in...

Security & Fraud
Yahoo’s New Breach Puts Verizon Deal At Risk
December 16, 2016

Yahoo’s sale of its core assets to Verizon Communications could be in peril after the internet giant disclosed a massive hack that may have impacted 1 billion people. In a press release late Wednesday (Dec. 14), Yahoo said it believes an “unauthorized third party” stole data...

Security & Fraud
Russia Will Send JPMorgan Hacker Home to US, Sources Say
December 15, 2016

American fugitive Joshua Aaron, who is a suspect in the massive JPMorgan hack that took place back in 2014, arrived back in the U.S. from Russia this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Security & Fraud
New Yahoo Data Breach
December 15, 2016

In what feels like déjà vu, there’s more bad news for Yahoo users. The company announced Wednesday (Dec. 14) that a new cybersecurity breach incident has affected over a billion of its users and their private data. Get the Full Story Complete the form to...