Security & Fraud

Security & Fraud
North Korea Likely Behind Ransomware Attacks, According To Symantec
May 23, 2017

North Korea is the likely culprit behind the WannaCry cyber attack that managed to infect 300,000 computers worldwide. That comes care of cyber security firm Symantec, which confirms its researchers found multiple links between early versions of WannaCry and the code in previous outings by...

Security & Fraud
Android Malware Used To Hack Russian Customers Was Slated For Global Attacks
May 23, 2017

Russian cybercriminals pulled off a small mobile banking heist on their own countrymen with malware for Android mobile devices. By cybercrime standards it was a fairly small take — about 50 million roubles ($892,000) — but all evidence suggests that the domestic efforts were something...

Security & Fraud
SWIFT Releases Customer Security Guidance
May 23, 2017

SWIFT announced Monday (May 22) that it is setting global customer security standards and boosting its overall transparency on cybersecurity among users of the SWIFT network. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Security & Fraud
NEW REPORT: New Threats, New Identity Solutions
May 23, 2017

Whether it’s safeguarding sensitive personal and financial information from attacks like WannaCry or authenticating travelers at an airport, security is top of everyone’s mind these days. And, increasingly, governments and corporations alike are turning to new tech to help boost protection. Get the Full Story...

Security & Fraud
North Korea’s Unit 180 Behind Cyberattacks?
May 22, 2017

What might lie behind the cyberattacks emanating from North Korea? Possibly Unit 180, which Reuters reports is a “special cell” within the country’s main spy agency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
WannaCry Hits Russian Banks
May 22, 2017

The WannaCry cyberattack that caused headaches across the globe last week compromised some of Russia’s banks, reported Reuters, citing the Central Bank of Russia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
Companies Use Kidnap Policies To Recoup WannaCry Losses
May 22, 2017

With cyber insurance expensive and not used by many outside of the U.S., companies are turning to their insurance policies that cover things like ransom and extortion to get back losses from the WannaCry ransomware attack that caused headaches around the globe a little over...

Artificial Intelligence
Using AI To Stop Store Robberies In Real Time
May 22, 2017

Retailers aren’t just being robbed on line by cybercrooks. But physical retailers are being robbed and 70 percent of those robbers are never caught. Sean Huver, founder and CEO at Deep Science AI, tells Karen Webster how visual search can help to stop crimes in...

Security & Fraud
Hacker Tracker: WannaCry
May 19, 2017

Last weekend, a major ransomware attack affected more than 200,000 computers in 150 countries across the globe. 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...