Security & Fraud

Security & Fraud
Loan Company Employee Got $400K From Stolen Identities
March 26, 2016

A loan company employee has pleaded guilty to stealing identities of several customers and fraudulently seeking $400,000 in tax returns. 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
DOJ Indicts Iranians For Cyberattacks On Banks
March 25, 2016

Seven Iranians who were employed by Islamic Revolutionary Guard Corps-affiliated entities were indicted on charges of computer hacking related to numerous coordinated distributed denial of service (DDoS) attacks against the U.S. financial sector, the U.S. Department of Justice reported. Get the Full Story Complete the...

UK Police Chief Calls Out ‘Lax’ Online Fraud Victims
March 25, 2016

U.K. Metropolitan Police Commissioner Sir Bernard Hogan-Howe is taking a firm stance on how victims of online fraud should be compensated by banks. His opinion is that it shouldn’t happen at all. Get the Full Story Complete the form to unlock this article and enjoy...

Security & Fraud
Toys”R”Us Employee Charged With $2M Debit Theft
March 24, 2016

When retail executives complain about the rising cost of labor, this isn’t usually what they mean. 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
FBI Taps Israeli Forensic Firm To Crack iPhone’s Code
March 24, 2016

A media outlet in Israel is reporting that an Israeli company has been tasked with helping the FBI gain access into the iPhone owned by one of the shooters in last year’s San Bernardino shooting. Get the Full Story Complete the form to unlock this...

Security & Fraud
Are We Having The Right Encryption Conversation?
March 24, 2016

The Apple v. DOJ battle has made encryption a household word. But what’s the right conversation to be having about keeping consumer and payments data secure and private? Michael Reitblat, founder and CEO of Forter, and Shaunt Sarkissian, founder and CEO of Cortex MCP, joined...

Security & Fraud
GM To Strengthen Cybersecurity Amid Car Security Reports
March 23, 2016

Automaker General Motors is using feedback from the public on potential security risks to better understand its vulnerabilities and build up its cybersecurity initiatives. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

FBI Hot On Syrian Money Laundering Trail
March 23, 2016

The Justice Department said on Tuesday (March 22) that it has charged three Syrian nationals — each of them identified as being members (current or former) of the Syrian Electronic Army (SEA) — with counts of hacking and conspiracy. Get the Full Story Complete the form to unlock...

Bitcoin Ransomware Strikes Another Hospital
March 23, 2016

Another case of bitcoin ransomware has left one Kentucky hospital in an “internal state of emergency,” according to a report from Krebs On Security. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...