Security & Fraud

Security & Fraud
Chinese Consumer Group Alleges Singles’ Day Discount Fraud
December 14, 2016

A Chinese consumer group is urging the government to investigate fraudulent discount offers from this past Singles’ Day. The Chinese state-backed group alleges that some 17 percent of the holiday discounts offered on this year’s Singles’ Day online shopping event were fake. Get the Full...

Security & Fraud
Authorities Target Online Attack-For-Hire Services
December 14, 2016

The FBI is looking to take down “booter” services, which are hired to take websites offline, and also curb demand with the threat of jail time. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
KFC’s Loyalty Program Gets Hacked, 1.2 Million At Risk
December 14, 2016

KFC is the latest company to report a hack, with the bad guys breaching its Colonel’s Club loyalty program. 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
Ex-Uber Security Staff Confirm ‘God View’ Still Intact
December 14, 2016

Almost two years after Uber claimed its “God view” was defunct, former security staff members confirm that the function is still being used and violates consumer privacy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Security & Fraud
Privacy Launches ‘Burner Cards’ Payments Product
December 14, 2016

Privacy, the software maker that protects consumers’ digital rights, announced Tuesday (Dec. 13) it launched its first payments product aimed at keeping consumers’ personal information secure. In conjunction with its first payments product, Privacy announced it raised $2.2 million in a seed round of fundraising....

Security & Fraud
Fighting Fraud — One Microsegment At A Time
December 14, 2016

Firewalls are out; hyperawareness of where data is flowing across networks and endpoints is in. The brand new Unisys Stealth(aware) platform takes a page from the CIA’s playbook, zeroing in on what micro-nodes are carrying sensitive data and making sure that they're bulletproof. We have...

Security & Fraud
New Cyber Hacks, Tactics Confirmed By SWIFT
December 13, 2016

Hackers targeting the SWIFT interbank system are getting more sophisticated, according to a previously undisclosed letter the organization sent to banks worldwide. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Security & Fraud
Bangladeshi Bank Officials May Have Participated In Heist
December 13, 2016

The ongoing investigation into identifying the hackers who stole nearly $81 million from the central bank of Bangladesh has taken a new twist. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
Saudi Arabian Hack Reveals Middle Eastern Cybersecurity Weaknesses
December 13, 2016

New cyberattacks in the Middle East have exposed a growing number of cybersecurity vulnerabilities. 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...