Security & Fraud

Security & Fraud
Turkish Hacker Convicted Of Apple Blackmail Attempt
December 23, 2019

A 22-year-old Turkish man from London was convicted of attempting to blackmail Apple out of $75,000 in cryptocurrency or a thousand $100 iTunes gift cards by falsely claiming he had access to iCloud and other Apple accounts, various outlets reported on Monday (Dec. 23). Get...

Security & Fraud
Mastercard Acquires RiskRecon To Boost Cybersecurity
December 23, 2019

Mastercard is purchasing artificial intelligence (AI) and analytics startup RiskRecon to accelerate the development of cybersecurity solutions, Mastercard announced on Tuesday (Dec. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
Synthetic Fraud’s Slow Roll Across FIs
December 23, 2019

Impersonation fraud — where a cybercriminal pretends to be someone they aren’t in an attempt to make off with funds — gets a lot of attention, and for good reason. Cybercriminals are getting good enough to fake biometric authentication methods using Deep Fake and other...

Security & Fraud
FBI Helps Businesses Outwit Fraudsters By Deploying Decoy Data
December 23, 2019

The Federal Bureau of Investigation is working firsthand with companies to outsmart cybercriminals by deploying decoy data, Ars Technica reported on Friday (Dec. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
Wawa Says Thousands Affected By Data Breach
December 20, 2019

Gas station and convenience store chain Wawa said it discovered a data breach in which thousands of customers’ debit and credit card information was stolen, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Security & Fraud
Hackers Access Unsecured Facebook Database With 267M Users’ Info 
December 20, 2019

Security researcher Bob Diachenko and Comparitech discovered that a Facebook database with 267 million user IDs, phone numbers and names was left unsecured and accessed by hackers, who uploaded it to a downloadable format, according to a report.  Get the Full Story Complete the form...

Security & Fraud
Thousands Of Amazon Ring Passwords Leaked On Dark Web
December 20, 2019

A new security lapse has been involved with Amazon’s Ring security cameras this week. 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 newsletter, PYMNTS...

Security & Fraud
Facebook, Alphabet Scammer To Serve Five Years In Prison
December 20, 2019

A Lithuanian man who scammed Facebook and Google into sending him hundreds of millions of dollars has been sentenced to five years in prison, according to published reports Thursday (Dec. 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Security & Fraud
Child Tracking Smartwatch Vulnerability Could Leak Location Data, Voice Recordings
December 19, 2019

The peace of mind parents get with child-tracking smartwatches has been turned upside-down. A cloud-based security flaw has been allowing unauthorized people to monitor children’s locations, as reported on Wednesday (Dec. 18). Get the Full Story Complete the form to unlock this article and enjoy...