Security & Fraud

Security & Fraud
When The Text Message From The Bank Isn’t From The Bank
December 19, 2019

In business – and especially in financial services and banking – trust is built up over decades, and can be destroyed in an instant. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
Companies Brace For Impact Of CA Consumer Privacy Law
December 18, 2019

Starting Jan.1, the California Consumer Privacy Act will give people control over the personal information companies collect, store and share, the Associated Press reported on Wednesday (Dec. 18).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Security & Fraud
FTC Refunding $2.6M To Companies Duped By A-1 Janitorial
December 17, 2019

The Federal Trade Commission (FTC) is refunding over $2.6 million to small businesses that were scammed by A-1 Janitorial, a New York-based office supply company, the FTC said in a press release on Tuesday (Dec. 17). Get the Full Story Complete the form to unlock...

Security & Fraud
The Rise Of Holiday Reshipping Fraud
December 17, 2019

Criminals get into the holiday spirit, too. For instance, they know how to talk in friendly, polite terms to overworked and often-frustrated customer service representatives — to gain such advantages as having purchased items redirected to their own addresses, rather than to the customers who...

Security & Fraud
AI Firm Breaches Facial Recognition At Airports, Stores
December 16, 2019

Photos of faces and 3D masks have fooled facial recognition checkpoints at airports, as well as payment systems, but they can’t fool Apple’s Face ID systems, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
SWIFT Expands Global KYC For Corporates
December 16, 2019

SWIFT is launching its global Know Your Customer (KYC) registry to more corporate groups, SWIFT announced in a press release on Monday (Dec. 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
Visa Warns Of Rise In Gas Station POS Cyberattacks
December 15, 2019

Visa has announced in a release that cybercriminals are employing new tactics to steal credit card information from around the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Security & Fraud
New Orleans City Services Hit With Cyberattacks
December 13, 2019

Louisiana’s biggest city, New Orleans, home to one of the country’s biggest ports, has been hit with a series of cyberattacks that have been spreading across the state, according to a report by CNBC. Get the Full Story Complete the form to unlock this article...

Security & Fraud
New Facebook AI Doubles Detection Of Fake Accounts
December 13, 2019

Facebook has been using a new type of artificial intelligence (AI) to identify and delete hundreds of millions of fake accounts, according to a report by VentureBeat. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...