Security & Fraud

Security & Fraud
What We Can Learn From The KRACK WiFi Loophole
November 02, 2017

Only you can prevent forest fires. And, as the KRACK WiFi vulnerability perhaps demonstrated, only you can prevent hackers from worming their way into your networks and devices, as even established security measures that are presumed to be stable may not be as secure as...

Security & Fraud
Hilton Settles Data Breach Suit for $700,000
November 01, 2017

The attorney general of New York announced a settlement with Hilton over the exposure of hundreds of thousands of credit card details, CNBC reported. The hospitality chain has agreed to pay a $700,000 settlement. Get the Full Story Complete the form to unlock this article...

Security & Fraud
The Perfect Secure Payments Storm
November 01, 2017

The updated 3D Secure 2.0 protocol and the European Union’s (EU) second Payment Services Directive (PSD2) have delivered a one-two punch for issuers and merchants in order to comply with these new regulatory requirements and network authentication processes. Get the Full Story Complete the form...

Security & Fraud
Fraudsters And The Retail Identity Crisis
November 01, 2017

Mastercard came out ahead of Wall Street’s forecasts when its Q3 earnings report hit the wires before the markets opened yesterday – notching a beat on both earnings and revenue, with significant growth in transaction volume and global market share. Markets rewarded the good news with a...

Security & Fraud
The FTC On Identity Fraud’s Biggest Threat
October 30, 2017

In one of the more unfortunate examples of practice making perfect, fraudsters are getting better at what they do. According to the latest edition of the PYMNTS Global Fraud Index – after a short lull post-EMV in the U.S., when fraud briefly went down – they...

Security & Fraud
AIG To Add Cybersecurity To Policies In 2018
October 27, 2017

American International Group (AIG), the causality insurance company, is gearing up to look at all of its commercial policies with an eye toward including coverage against cyberattacks, kicking off in January. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Security & Fraud
Fear The Reaper: Botnet Could Be Bigger And Badder Than Mirai
October 26, 2017

Just in time for Halloween, the Reaper is coming, and he’s after your internet. 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 daily newsletter, PYMNTS...

Security & Fraud
What Makes Dating Apps Vulnerable To Hacks
October 26, 2017

Dating apps are particularly vulnerable to as many as three different types of cyberattacks that can track and reveal users’ locations, their identities and their employers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
NEW DATA: Global Account Takeovers Spike 45 Percent
October 25, 2017

Account takeovers have become a new favorite for fraudsters over the course of just a quarter. And, in the wake of the Equifax breach that the exposed personal data of approximately 143 million Americans, the scheme will likely become even more popular with bad actors in...