TransUnion and Experian, two of The Big Three credit reporting companies, have received letters from New York Attorney General Eric Schneiderman inquring them about their cybersecurity safeguards in the wake of the massive data breach at rival Equifax. Get the Full Story Complete the form...
In the wake of the massive Equifax leak, New York Governor Andrew Cuomo has announced plans to require all credit reporting agencies to register with the state. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
So, about that data breach at Equifax — it turns out this isn’t quite their first rodeo when it comes to serious cybersecurity situations. In fact, as of yesterday, Equifax admitted that, actually, it had faced a different cybersecurity issue earlier this year, in March,...
In the wake of the massive data breach at Equifax, the embattled credit scoring company announced that the Chief Information Officer, David Webb, and the chief security officer, Susan Mauldin, will both retire. Get the Full Story Complete the form to unlock this article and...
As mag stripe cards are giving way to EMV-protected alternatives, cybercriminals are on a final cash grab using some technologically improved ATM card skimmers. Skimmers, thus far, do not work on chip-based transactions — but only 45-50 percent of U.S. card transactions are done via...
The Federal Trade Commission has launched an investigation into the data breach at Equifax that impacted 143 million consumers. 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...
Visa and Mastercard are warning financial institutions across the country that more than 200,000 credit cards were compromised during the Equifax hack. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
A key regulator in Australia’s financial services industry said this week that the charges accusing Commonwealth Bank of Australia (CBA) of engaging in money laundering will not hobble its ability to operate. Get the Full Story Complete the form to unlock this article and enjoy...
Equifax Security chairman and chief executive officer Richard Smith recently penned an Oped in USA Today in which he vowed to provide protections to everyone who was impacted by a massive data breach that potentially affected 143 million customers. Get the Full Story Complete the...
