Insider fraud is emerging as yet another threat to the nation’s unemployment insurance (UI) program, already under siege as cybercriminals and criminal gangs make away with billions, according to a new federal report. Get the Full Story Complete the form to unlock this article and...
Microsoft Corp. is well-known for making products to defend computers that run its software from attacks, but on Monday (Oct. 12) the company announced that it led a major offensive operation against one of the world’s most notorious botnets. Get the Full Story Complete the...
BR Shetty, the embattled Indian FinTech and healthcare entrepreneur, is calling for an investigation of two of his former CEOs amid a financial scandal that has consumed his once-mighty multibillion-dollar business empire. Get the Full Story Complete the form to unlock this article and enjoy...
The country’s former top cyber spy said the pandemic has created conditions that have left companies more vulnerable to cybercrime than they previously were, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Online brokerage Robinhood, which offers a suite of tools aimed at making investing easy and comparatively cheap for the uninitiated, said on Friday (Oct. 9) that hackers may have gained information about customers’ personal email accounts, Reuters reported. Get the Full Story Complete the form...
Federal prosecutors on Thursday (Oct. 8) charged a Dallas-area man with allegedly playing a role in a scheme that sought to fraudulently obtain $24.8 million in federal Paycheck Protection Plan (PPP) funds, which are backed by the Small Business Administration (SBA) under the Coronavirus Aid,...
Bitcoin and other cryptocurrencies are continuing to attract attention from authorities for all the wrong reasons. For instance, a new U.S. Justice Department report is taking aim at the “emerging threats and enforcement challenges” associated with digital currencies, establishing a “Cryptocurrency Enforcement Framework” to address...
Ugandan police are investigating the hacking of a third-party processor of phone-based transactions, Bloomberg reported, that affected MTN Group and Standard Bank Group‘s local units. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Risk management platform Feedzai announced a 44 percent increase in growth for the first half of the fiscal year for 2020, which a press release says was one of the company’s most successful so far. Get the Full Story Complete the form to unlock this...
