Cyberattacks have become so common that criminals don’t even have to launch one in order to get victims to pay up; all they have to do is threaten. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Fraudsters are good at what they do. Payments got faster, but so did criminals. Banks built more defenses, and bad guys jumped over them with glee. But Uri Rivner, BioCatch co-founder, head of cyber strategy and vice president, said in a recent webinar with PYMNTS’...
The Consumer Financial Protection Bureau warned companies Monday (July 31) about tricking consumers into expensive pay-by-phone fees. 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...
Wells Fargo, the embattled national bank, is gearing up to slash 69 executive positions in its retail unit. The sector been struggling since news broke last year that it created numerous fraudulent accounts for unwitting customers. Get the Full Story Complete the form to unlock...
Russian cybersecurity company Kapersky Lab is under fire as a U.S. congressional panel requests 22 internal government agencies share information on the firm. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Apple has reportedly removed VPN apps from its store in China. Virtual private networks (VPNs) could enable users to access China’s uncensored Internet. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
A British hacker-for-hire known as “Spiderman” was given a suspended sentence by a German court Friday, but could still face criminal charges in Britain. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
A virtual lynch mob has swarmed the Facebook page of the Budapest Transit Authority (BKK in Hungarian), leaving more than 45,000 one-star reviews after the BKK arranged for the arrest of a helpful teenage “hacker” who exposed a loophole in its payments system. Get the...
With ransomware cyberattacks raging, companies and individuals have paid out more than $25 million during the course of the last two years in an effort to get their data back from hackers. Get the Full Story Complete the form to unlock this article and enjoy...
