Security & Fraud

Security & Fraud
Hackers Use Phone Numbers To Steal Bitcoin
December 21, 2016

Hackers are going old school, using just a telephone number to steal everything from money in bank accounts to bitcoin. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Security & Fraud
Cybersecurity Threat Discovered: New ATM Malware
December 21, 2016

Trend Micro announced the discovery of a new family of ATM malware, known as Alice, that is designed solely to empty the safe of ATMs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Security & Fraud
Three Years After The Target Breach
December 21, 2016

There was a time when data breaches were not a daily part of consumers’ day-to-day lives. Sure, credit cards got stolen or skimmed from time to time — but such occurrences were comparatively rare. Get the Full Story Complete the form to unlock this article...

Security & Fraud
CFPB Acts Against Deceptive Pawn Companies
December 20, 2016

The Consumer Financial Protection Bureau (CFPB) announced Monday (Dec. 19) that it took action against four Virginia pawnbrokers for what it said was deceptive practices in terms of the actual annual costs of loans. Get the Full Story Complete the form to unlock this article...

Security & Fraud
LA County Workers’ Info Stolen Via Phishing
December 20, 2016

Ransomware may get all the attention, but phishing scams are alive and kicking with one recently targeting staffers at the County of Los Angeles. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

International
EU Financial Regulators Mull Big Data Rules
December 20, 2016

Financial regulators in Europe are concerned about the impact Big Data techniques may have on consumers and their access to products and services, prompting regulators to mull new rules in that area. Get the Full Story Complete the form to unlock this article and enjoy...

Security & Fraud
Faketoken Mobile Banking Trojan Threat Evolves
December 20, 2016

Kaspersky Lab announced that the mobile banking Trojan known as Faketoken has now modified to include a data encryption capability. The Trojan is estimated to be attacking more than 2,000 financial applications across the globe. Get the Full Story Complete the form to unlock this...

Security & Fraud
Lynda.com Hacked; Impacts 55,000 Passwords
December 20, 2016

Lynda.com, the online learning unit of LinkedIn that is now a subsidiary of Microsoft, is the latest victim of a data hack. 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
Attempted Cyberattack Cost Turkish Bank $4M
December 19, 2016

Turkey’s Akbank financial institution was targeted by hackers via the SWIFT global money transfer system earlier this month. While the bank confirmed no customer data was compromised by the threat, the maximum risk Akbank will face is $4 million, Reuters reported. Get the Full Story...