A former Microsoft engineer was found guilty of 18 federal felonies after he stole $10 million worth of digital currency from his ex-employer and used the money to finance a $1.6 million waterfront house, $160,000 Tesla, and other lavish items, the U.S. Department of Justice...
To support scam victims, the Federal Trade Commission (FTC) will start to send refunds of over $1.7 million to consumers who fell victim to a tech support scam, the agency said in a press release. Get the Full Story Complete the form to unlock this...
Police and financial institutions are battling to contain a wire transfer email hacking scam that is costing individuals and businesses billions, The Wall Street Journal (WSJ) reported on Sunday (Feb. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
New York Attorney General Letitia James announced plans to sue New York City for allegedly fraudulent practices by its Taxi and Limousine Commission (TLC), according to reports on Thursday (Feb. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
A cyberattack at NRC Health has prompted questions about the security of its data and overall patient privacy, CNBC 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....
The Federal Trade Commission (FTC) has sent $34 million to victims of a scheme by Office Depot and a separate software provider that encouraged them to buy unnecessary computer repair products, according to a report. Get the Full Story Complete the form to unlock this...
The U.S. Defense Information Systems Agency (DISA) said that its network was likely “compromised,” according to reports on Thursday (Feb. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Swiss bank Julius Baer is being scolded by Switzerland’s financial watchdog for failing to notice money-laundering threats connected to deception in Venezuela and FIFA, the world soccer body, Reuters reported Thursday (Feb. 20). Get the Full Story Complete the form to unlock this article and...
MGM Resorts International, a hotel and casino operator, admitted it had experienced a data breach following a report saying information on 10.6 million guests was compromised, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy...
