SWIFT is warning banks that cybercriminals are getting more sophisticated and that the risk of digital heist is on the upswing. The Brussels-based inter-bank messaging system has been actively encouraging banks to increase their security and stave off risks of hacks like the one that...
Ever wonder why it’s called “laundering money?” It’s because this type of fraud literally started with laundromats. 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...
Online fraudsters have become the 21st Century’s version of Wild West bandits, targeting banks and terrorizing the digital frontier. But, when it comes to safeguarding consumer information, there’s a new sheriff in town. In the latest PYMNTS Digital Identity Tracker™, powered by Socure, Stephane Lintner,...
Three individuals connected to a Chinese cybersecurity company have reportedly hacked automation company Siemens, software processing firm Trimble and bond credit rating business Moody’s Analytics in an attempt to steal business information. Get the Full Story Complete the form to unlock this article and enjoy...
Lawmakers sent a letter to Dara Khosrowshahi, the chief executive of Uber, saying that the data breach, which the company paid hackers to cover up for about a year, “merits further scrutiny.” Get the Full Story Complete the form to unlock this article and enjoy...
Vietnamese hackers who previously said they could bypass Apple’s Face ID biometric phone security with a mask claim to have hacked the iPhone X again, this time with more evidence of their success. Get the Full Story Complete the form to unlock this article and...
Tokenization is a vanguard in the fight against card not present fraud – but is flexible enough to protect just about any store of value. Rambus VP of Strategic Business Development David Worthington tells PYMNTs why encrypted credentials are among the best ways to keep...
Gone are the days of bandits terrorizing banks in the Old West – but that doesn’t mean banks are safe in the modern age. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The Consumer Financial Protection Bureau (CFPB) is gearing up to sue Spain-based Santander Bank, claiming the bank has overcharged its car loan customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
