Security & Fraud

Security & Fraud
Trump Says He Discussed Cybersecurity With Putin
July 10, 2017

Over the weekend, U.S. President Donald Trump revealed on Twitter that he and Russian President Vladimir Putin have discussed the possibility of the two countries creating a cybersecurity unit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
Experts Say NotPetya Cyberattack Came From Russia
July 07, 2017

Experts are saying that the complexity and scale of the latest global cyberattack point to a hostile government, not a criminal group, as the originator of the attack. And many of them have an educated guess about who it was: Russia. Get the Full Story...

Security & Fraud
Reckitt Benckiser Says Petya Attack Will Cost It
July 07, 2017

Reckitt Benckiser Group Plc, the consumer goods company, said Thursday (July 6) the Petya cyberattack in June is likely to cost it 2 percent of sales in the second quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
CopyCat Malware Strikes 14M Androids
July 07, 2017

In cybersecurity news, as many as 14 million Google Android devices were hit with malicious ransomware that, as part of a widespread campaign, has been dubbed CopyCat, Fortune Magazine reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
Poorer Nations Are Teaching Their Richer Counterparts About Cybersecurity
July 06, 2017

A new United Nations (U.N.) survey on cybersecurity found Singapore is taking a close to perfect approach at the same time that rich countries have a lot of gaps in their security defenses when it comes to defending against cyberattacks. Get the Full Story Complete...

Security & Fraud
Cyber Stress Tests Loom For U.K. Insurers
July 06, 2017

The Prudential Regulation Authority (PRA), the financial regulator overseeing the United Kingdom, has directed insurers to conduct “stress tests” tied to cyber attacks, the Financial Times reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Security & Fraud
Bithumb Bitcoin Exchange Hacked; 30,000 Customers’ Data Compromised
July 06, 2017

In international cybersecurity news this week, Bithumb, the South Korean bitcoin exchange, has been hacked, with the bad guys compromising the data of 30,000 customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Security & Fraud
Why CFOs Are Kicking The Fraud Fighting Can … Out The Door
July 05, 2017

Fraud is like gluten. It’s in almost everything, and it often goes completely unnoticed. Most organizations have resigned themselves to the fact that, despite their defenses, fraud is just a part of doing business. But fraud costs an average of 7.5 percent of revenue, and...

Security & Fraud
Hackers Find New Avenues for Attacks Via Developing Nations
July 04, 2017

Hackers are on the lookout for new ways to attack, and now it looks like developing nations may be a favored conduit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...