As so much of daily life and transactions move online, the digital-first economy is not without its new challenges. For example, the problem of identity theft is widespread — and to get a sense of scale, the Federal Trade Commission (FTC) has estimated that last...
At first glance, it seems so retro. Subscriber Identity Module cards, better known as SIM, used to be an easily removable portable memory chip that acted as the brain of a mobile device. They’re still the brain, and although consumers don’t need to swap them...
England and Wales’ chief criminal investigations agency, the Crown Prosecution Service, is preparing for an increase of prosecutions tied to cryptocurrency-related scams, the Financial Times reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The personal data of 533 million Facebook users, including phone numbers and emails, has been leaked, The Verge reported. 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...
There’s data — and then there’s the information that comes as data is being transmitted. It’s the digital version of body language and it’s all over the Dark Web. It’s awash in bits and pieces of consumer identity like Social Security numbers, names, addresses, schools and passwords. Name...
These days, data is big business. It makes sense then, that ransomware attacks in which data is stolen or encrypted is a big modern category of crime. In fact, the ransomware threat is so significant that Wednesday, the Department of Homeland Security Secretary Alejandro Mayorkas said...
India’s central bank is demanding that the digital payments firm MobiKwik have an external audit conducted regarding allegations that a hacker stole data from its 110 million users, Reuters reported on Thursday (April 1), citing sources. Get the Full Story Complete the form to unlock...
Department of Homeland Security (DHS) Secretary Alejandro Mayorkas will make stopping ransomware attacks a priority in the new administration, Reuters reported. His focus on that subject shows the increasing need to meet the threat of data-scrambling software. Get the Full Story Complete the form to...
MobiKwik, the Indian payments firm, will get an independent audit after a reported breach that could’ve compromised the data of millions of users, Reuters reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
