Security & Fraud

Security & Fraud
Homeland Security Warns Businesses About Intel Chip Vulnerability
November 23, 2017

The Department of Homeland Security (DHS) is urging U.S. businesses to act on an alert issued by chip maker Intel regarding security flaws in its computer chips. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

The Life And Times Of A Most-Wanted Fraudster
November 22, 2017

Account takeover fraud, card-not-present (CNP) fraud, tax fraud, selling stolen financials, selling fake bank accounts, the Dark Web: If security experts are fighting it today, chances are that Brett Johnson was there when it started. In fact, chances are that he helped create it. Get...

Security & Fraud
Uber Hacked A Year Ago, 57M People Compromised
November 22, 2017

Uber has been hit with another scandal: This time, it’s the revelation that hackers stole the personal data of 57 million customers and drivers more than one year ago – and that its chief security officer hid the breach and paid hackers $100,000 to delete...

Security & Fraud
Intel Admits To Serious Security Flaw In PC Chips
November 22, 2017

Not so good news out of Intel to go into the holiday weekend: the technology firm has admitted that there were many — and serious — flaws in the software hidden in almost every PC chip it sold in recent years. Get the Full Story...

Security & Fraud
Fighting The Friendly Fraud Fight
November 21, 2017

Card not present (CNP) fraud is on the rise. Fraudsters are adept and adapting to the paths of least resistance when it comes to scamming merchants, issuers and consumers. But there’s also a danger tied to “friendly fraud,” a $331 billion problem decimating revenues and...

Security & Fraud
Forever 21 Stores Hacked
November 15, 2017

Fashion retailer Forever 21 revealed that it has suffered a data breach at some of its stores. 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...

Security & Fraud
Wells Fargo Settles With SEC Over AML Reporting
November 15, 2017

Wells Fargo Advisors and the Securities and Exchange Commission (SEC) reached a settlement this week resolving charges that the bank dropped the ball in reporting suspect activities pertaining to money laundering for several years. Get the Full Story Complete the form to unlock this article...

Security & Fraud
Big Banks Join Forces To Vet FinTech Partners
November 15, 2017

JPMorgan Chase and Bank of America are reportedly teaming up to create a group that will help them manage risks associated with FinTech partnerships. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
Identity Proofing’s Break With Tradition
November 15, 2017

Skate to where the payments fraud puck is going – not where it’s been. We’re mixing metaphors here, but the tried and true traditional methods of battling the bad guys need refreshing. David Barnhardt, EVP of product at GIACT explains why it’s long past time...