Security & Fraud

Security & Fraud
Synthetic Identity Theft On The Rise
September 14, 2017

A new type of credit card fraud is emerging, dubbed “synthetic identity theft.” In instances of synthetic identity theft, cybercriminals create new identities to credit card accounts instead of stealing existing Social Security numbers. Get the Full Story Complete the form to unlock this article...

Security & Fraud
Avast Sees 40 Percent Uptick In Hacks Targeted At Android Devices
September 12, 2017

Digital security products company Avast announced new research Monday (Sept. 11) that shows an increase in the number of cyberattacks on Android smartphones and tablets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Security & Fraud
Equifax Hack Impacts 143 Million Customers
September 08, 2017

Credit scoring company Equifax announced Thursday (Sept.7) it had experienced a cybersecurity incident that may have impacted approximately 143 million consumers in the U.S., as well as the credit card numbers of approximately 209,000 people. Get the Full Story Complete the form to unlock this...

Security & Fraud
EU Looks To Up Spending To Counter Cybercrime
September 07, 2017

The European Commission is hoping to better bolster its cybersecurity operation with better consumer safeguards and a greater ability to deter attacks from abroad. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
Bangladesh Central Bank Continues Heist Recovery Efforts In Philippines
September 05, 2017

In continued efforts tied to an investigation of $81 million stolen from Bangladesh’s central bank, the entity is sending officials to the Philippines to try to recover additional funds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
Instagram Hack Bigger Than Thought
September 04, 2017

Instagram, the photo sharing social media network owned by Facebook, said late last week that a cyberattack impacted more people than it previously thought. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
FDIC Ends Money Laundering Consent Order With Discover Financial Unit
September 01, 2017

The Federal Deposit Insurance Corp. has ended a 2014 consent order with Discover Financial Services” banking unit. 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
Yahoo Lawsuit Over Data Breaches Can Go Forward
September 01, 2017

Internet search browser company Yahoo, which was sold to Verizon Communications, will face a nationwide lawsuit lodged against it on behalf of more than 1 billion users. Those users were affected by the company’s recent data breaches, cyber attacks that were the largest ever. Get the...

Security & Fraud
Nearly Half Of Global Firms Fail At Payment Security
September 01, 2017

It’s a good news/bad news sort of day for the progress of securing payments around the world via the PCI DSS standards, according to new data released by Verizon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...