Security & Fraud

Security & Fraud
IRS Seizes $3.5B in Crypto in FY 2021
November 19, 2021

The Internal Revenue Service (IRS) seized $3.5 billion in cryptocurrencies during the fiscal year 2021, accounting for 93% of the assets seized during the year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Security & Fraud
DeFi Losses Top $10B From Exploits, Fraud, Theft
November 19, 2021

Decentralized finance (DeFI) platforms have been the target of criminal attacks, with fraud and theft topping $10 billion, according to a report entitled Risk, Regulation, and the Rise of DeCrime from Elliptic Get the Full Story Complete the form to unlock this article and enjoy...

Security & Fraud
California Pizza Kitchen Warns Employees of Personnel Data Breach
November 18, 2021

California Pizza Kitchen informed 103,767 current and former employees on Monday (Nov. 15) that personal data the company held, including names and Social Security numbers, may have been accessed by digital intruders during a September cyberattack. Get the Full Story Complete the form to unlock...

Security & Fraud
FinCEN Warns of Rise in Environmental Crimes
November 18, 2021

Wildlife trafficking. Illegal mining. Hazardous substance trafficking. 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 completing this form, you agree...

Security & Fraud
Nedap Launches Cloud-Based Loss Prevention Tool to Prevent Retail Theft
November 18, 2021

Radio frequency identification (RFID) firm Nedap has debuted its iD Cloud Loss Prevention, a cloud-based Software-as-a-Service (SaaS) program that enables merchants to recognize, assess and prevent merchandise losses, according to a Thursday (Nov. 18) press release. The integrated suite aims to create flawless inventory visibility,...

Security & Fraud
US Liquidating $56M in BitConnect Fraud Case
November 17, 2021

The U.S. Justice Department is set to begin liquidating roughly $56 million in fraud proceeds seized during its investigation into the cryptocurrency BitConnect. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
Supply Chain Shortages Fuel Fraudsters With Fake Storefronts To Trick Holiday Shoppers
November 17, 2021

The impulse buy will be hallmark of the 2021 holiday shopping season. 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
Digital Economy Sees Rise in Number of Fake Businesses
November 17, 2021

Digital identity verification is being put through its paces during the pandemic as remote onboarding of consumers keeps skyrocketing, bringing a reenergized wave of financial crime with it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Security & Fraud
Hacking Group MosesStaff Targets Israeli Groups
November 16, 2021

Is a ransomware attack still a ransomware attack if the attacker doesn’t demand a ransom? 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,...