Security & Fraud

Security & Fraud
UK Cybercriminal Gets Five Years For Phishing
December 22, 2016

The Metropolitan Police’s Falcon Cyber Crime Unit confirmed that a 29-year-old cybercriminal received more than five years in prison for his role in an organized criminal network that illegally accesses bank accounts from around the world. Get the Full Story Complete the form to unlock...

Security & Fraud
Italian Banks Debut Response Team For Cybersecurity Issues
December 22, 2016

The Bank of Italy, the Italian Banking Association and the ABI Lab Consortium announced the creation of a new cybersecurity response team, with the aim of strengthening security for operators across Italy’s banking and financial sectors, households, businesses and government entities. Get the Full Story...

Security & Fraud
Alibaba Wields Big Data In Fight Against Counterfeits
December 21, 2016

Alibaba is combating the growing threat of pirates and counterfeiters with the help of could computing. 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
Cybersecurity Co. Engility Wins $31M Contract from US Air Force
December 21, 2016

Engility, a cybersecurity firm based in Chantilly, Virginia, announced that it was awarded a $31 million contract in support of the U.S. Air Force Life Cycle Management Center, Cyber Security Engineering Division. Get the Full Story Complete the form to unlock this article and enjoy...

Security & Fraud
Hackers Use Phone Numbers To Steal Bitcoin
December 21, 2016

Hackers are going old school, using just a telephone number to steal everything from money in bank accounts to bitcoin. 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
Cybersecurity Threat Discovered: New ATM Malware
December 21, 2016

Trend Micro announced the discovery of a new family of ATM malware, known as Alice, that is designed solely to empty the safe of ATMs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Security & Fraud
Three Years After The Target Breach
December 21, 2016

There was a time when data breaches were not a daily part of consumers’ day-to-day lives. Sure, credit cards got stolen or skimmed from time to time — but such occurrences were comparatively rare. Get the Full Story Complete the form to unlock this article...

Security & Fraud
CFPB Acts Against Deceptive Pawn Companies
December 20, 2016

The Consumer Financial Protection Bureau (CFPB) announced Monday (Dec. 19) that it took action against four Virginia pawnbrokers for what it said was deceptive practices in terms of the actual annual costs of loans. Get the Full Story Complete the form to unlock this article...

Security & Fraud
LA County Workers’ Info Stolen Via Phishing
December 20, 2016

Ransomware may get all the attention, but phishing scams are alive and kicking with one recently targeting staffers at the County of Los Angeles. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...