Security & Fraud

Security & Fraud
FTC Sees Jump in AI-Related Scams on Social Media
March 17, 2024

Federal regulators have reportedly recorded a jump in AI-related scam ads on social media. 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
Old School Fraud: Counterfeit Cash Makes Global Comeback
March 15, 2024

While we were all watching online fraud, social engineering and ransomware, an old school financial crime tactic is rearing its ugly head. Counterfeit banknotes are making a comeback back all over the world, exposing in-store merchants and restaurants to potential lost revenue. Get the Full...

Security & Fraud
UHC/Change Healthcare Hack Sows Negative Ripple Effects From a ‘Single Point’ of Failure
March 15, 2024

There’s a metaphor here — somewhere. A butterfly flaps its wings, a hurricane ensues. A rock in a pond sets waves in motion that reach distant shores. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Security & Fraud
UnitedHealth Group Reports Critical Services Restored After Cyberattack
March 14, 2024

UnitedHealth Group (UHG) reported Thursday (March 14) that some critical services are back online at its subsidiary Change Healthcare, which has been dealing with a cyberattack on its claims and payment infrastructure.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
Latest Facebook-Related Scam Puts Banking Customers on Alert 
March 13, 2024

Search online for the words “Facebook scams” and your search engine will immediately deliver myriad news stories warning consumers to be vigilant when scrolling through the site.     Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Security & Fraud
State of the Payment Scam: Banks Battling APP Fraud
March 13, 2024

The world’s cybercriminals all share one thing in common: they understand people can be exploited. 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,...

Security & Fraud
FTC Refunds $4.1 Million to Student Loan Scam Victims
March 13, 2024

The FTC is sending millions in refunds to victims of a student fraud scheme. 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 Today. By...

Security & Fraud
Scam Factories Exploit Advanced Tech to Amplify Payments Fraud
March 13, 2024

Scam factories, where perpetrators themselves are victims of a system they help perpetuate, present a significant challenge to the integrity of global financial networks, resulting in an estimated $75 billion lost over the last four years.  Get the Full Story Complete the form to unlock...

Security & Fraud
New Data: Security Concerns Overshadow Convenience in ‘Everyday App’ Debate
March 06, 2024

More consumers than ever now rely on mobile apps to manage their daily chores. 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...