Security & Fraud

Security & Fraud
Visa Finds Counterfeit Fraud Is Down 52 Percent Since First Full Year Of Chip Cards
January 27, 2017

The start of 2017 marked the first full year since the U.S. started moving to EMV chip cards, and Visa found that, since then, counterfeit fraud has dropped by 52 percent. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Security & Fraud
Russian Hacker Tracker At Kaspersky Lab Arrested On Treason Charges
January 26, 2017

One of the top cybercrime experts at Russia’s biggest cybersecurity firm was arrested on charges of treason last month. 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...

Security & Fraud
FBI Arrests Fugitive Wanted for $200M in Credit Card Fraud
January 26, 2017

After nearly four years of evading authorities, a fugitive implicated in one of the Justice Department’s largest credit card fraud schemes gave himself up. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
French Central Bank Chief Urges Insurance Firms to Up Cybersecurity
January 26, 2017

Francois Villeroy de Galhau, governor of France’s central bank, is calling insurance companies in the country to significantly step up their cyber risk coverage for clients. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
Transaction Laundering’s Newest Art Form
January 26, 2017

The good news is that risk and compliance solutions work. The bad news is that, in response, criminals have taken the payments path of least resistance, shifting into systems with less oversight and more anonymity. Get the Full Story Complete the form to unlock this...

Security & Fraud
Charger Ransomware “Hiding In Plain Sight” In Google Play Store
January 25, 2017

It looks like ransomware has gotten by the safeguard in Google Play, the official Android marketplace for apps. Called Charger, the ransomware was hiding out in an app called Energy Rescue for at least one Android handset user, according to a blog post from Check...

Security & Fraud
Wells Fargo Tipped Off Before Inspections
January 25, 2017

Wells Fargo’s fake account scandal was able to go on for so long partly because bank branches were given notification ahead of visits from Wells Fargo’s internal monitors who would do inspection of branches. Get the Full Story Complete the form to unlock this article...

Security & Fraud
BREAKING: TransUnion Releases New Data On Identity Theft, Fraud
January 25, 2017

As fraud and identity theft continue to evolve and become more sophisticated threats, TransUnion announced the launch of its new suite of solutions to help businesses take a holistic approach to fighting back against cybercrime. Get the Full Story Complete the form to unlock this...

Security & Fraud
Facing Reality: Solving For Safe Sales
January 25, 2017

When it comes to choosing a bank, for consumers, it’s increasingly about the app. It’s then up to the bank to ensure the app is safe. For the January Digital Identity Tracker™ cover story, PYMNTS spoke with Don Bergal, CMO at financial tech firm Avoka,...