Security & Fraud

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...

Security & Fraud
Payfone Lands $23M To Expand Authentication Network
February 14, 2018

Payfone announced that it has raised $23 million to expand its cybersecurity services in the retail, insurance, and healthcare sectors. 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
Senators Raise IP Concerns Over Chinese Access
February 13, 2018

Telecommunications firms and joint ventures are serving as conduits for China to gain insight and access to intellectual property and sensitive U.S. technologies, according to U.S. senators and intelligence officials. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
Russian Banks Hacked For $17 Million In 2017
February 13, 2018

Russian banks are reporting that 2017 was a rough year for cyberattacks; rough and expensive, according to news from Reuters. 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
Investors Caught In Two Crypto ‘Exit Scams’
February 12, 2018

Following an announcement from an Italian cryptocurrency exchange that $200 million worth of virtual currency was stolen from its servers, investors and developers are taking in the news with skepticism, RT stated. Get the Full Story Complete the form to unlock this article and enjoy unlimited...