Security & Fraud

Security & Fraud
US Probes Hack Of Treasury, Commerce Department
December 13, 2020

Attacks by hackers linked to the Russian government against the U.S. Department of the Treasury, the U.S. Department of Commerce and its National Telecommunications and Information Administration unit discovered Friday (Dec. 11) and over the weekend were severe enough to trigger a Saturday (Dec. 12)...

Security & Fraud
FinCEN: FI Data Sharing Vital In Crime Prevention
December 10, 2020

Financial Crimes Enforcement Network (FinCEN) Director Kenneth A. Blanco, speaking on Thursday (Dec. 10) about ways to stop financial crime, said one of the key elements is sharing information, according to a press release. Get the Full Story Complete the form to unlock this article...

Security & Fraud
TSYS Attacked With Ransomware, Has Data Posted Online
December 10, 2020

TSYS, a payment processing company, has suffered a ransomware attack and had some data posted online, 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 —...

Security & Fraud
Deutsche Bank Accounting Head Stands Aside Over Wirecard Scandal
December 09, 2020

The head of accounting at Deutsche Bank is temporarily stepping down in the wake of the Wirecard scandal, the Financial Times reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Security & Fraud
Refinitiv Completes Purchase Of GIACT For Fraud Prevention Expansion
December 09, 2020

Finance data and infrastructure-service provider Refinitiv announced Wednesday (Dec. 9) that it’s successfully completed its acquisition of GIACT and has expanded its suite of products for fraud prevention and identity verification. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Security & Fraud
Cybersecurity Firm FireEye Hacked By Suspected Nation-State
December 09, 2020

The cybersecurity firm FireEye — which counts numerous government agencies among its clients — said in a blog post that its proprietary tools were hacked by a suspected nation-state. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
Privacy Regulations, Developing Trust Leads To New Revenue Streams for FIs
December 09, 2020

The pandemic has spurred consumers to go online for all manner of daily activities — and the fraudsters are following them. The passwords, user names and Social Security numbers that once helped us prove we are who we say we are now are vulnerable or...

Security & Fraud
Pet Scams Rise As Holiday Buyers, At-Home Workers Seek New Pets
December 08, 2020

It’s one of the most timeless holiday moments and unforgettable gifts; unwrapping a giant box to reveal the adoring eyes of a new puppy or kitten. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
Trulioo Parody Video Implores ‘Don’t Stop Verifying’ Online Identities
December 08, 2020

More and more, retailers and businesses around the world are trying to figure out if potential customers are really who they say they are. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...