Security & Fraud

Security & Fraud
FTC: Social Media Fraud Scams On The Rise
October 27, 2020

The scams are creeping into your newsfeed, your ads, your offers … and so, think twice before the retweet, perhaps. 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
Google Employee Data Exposed During Data Breach, Law Firm Says
October 26, 2020

Fragomen, Del Rey, Bernsen & Loewy, an immigration law firm, has reported a data breach that could involve personal information from current and former Google employees, according to a news report. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Security & Fraud
Feedzai: ‘May You Live In Interesting Times’
October 22, 2020

Feedzai‘s Senior Vice President of Product Pedro Barata describes the pandemic era as “the perfect storm for payments fraud.” He describes to PYMNTS how Feedzai has helped its customers adjust and implement effective defenses against financial crime and react appropriately in a digital age. Get...

Security & Fraud
Merchants, Online Fraud And The 3DS 2.0 Reset
October 22, 2020

As has historically been the case with commerce security upgrades that roll in by government mandate, the path to European Union adoption of 3D Secure 2.0 (also known as “3DS 2.0” or “EMV 3DS”) has been a rocky road. It’s been replete with stumbles and...

Security & Fraud
New Cloud-Based Card-Issuing System Aims To Standardize Payments Security
October 19, 2020

Entrust, an identities, payments and data protection firm based in Minneapolis, on Monday (Oct. 19) announced that its Sigma Instant Desktop Issuance product will set “the standard for simple, secure and smart instant-ID solutions across enterprise, healthcare, government, higher education and financial institutions (FIs).” According...

Security & Fraud
UK Watchdog Hits British Airways With $25.8M Fine Over Data Breach
October 16, 2020

British Airways (BA) must pay a $25.8 million fine for lacking the proper security measures that might have prevented a hacker in 2018 from exposing the financial details of more than 400,000 customers, the U.K.’s Information Commissioner’s Office (ICO) said on Friday (Oct. 16). Get...

Security & Fraud
Authorities Bust 20 In Alleged International Malware Scam Ring
October 15, 2020

European and American officials have arrested 20 people from numerous countries for belonging to an international ring called QQAAZZ that laundered millions of euros via malware schemes from cybercriminals, The Associated Press (AP) reported. Get the Full Story Complete the form to unlock this article...

Security & Fraud
Report: Hackers Hit 2,000 Robinhood Accounts
October 15, 2020

A recent hack compromised around 2,000 Robinhood Markets accounts, suggesting the attacks were more widespread than previously realized, Bloomberg 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....

Security & Fraud
Report: FBI Cautions Homebuyers To Beware Of Wire Fraud
October 15, 2020

The FBI is warning homebuyers to be on the lookout for internet criminals who are sneaking into online conversations between buyers and mortgage companies or other participants in the sale process and providing false instructions that dupe purchasers into wiring funds to the criminals’ accounts,...