Security & Fraud

Security & Fraud
ACI Worldwide Rolls out New Tech to Fight Real-Time Payments Fraud
November 15, 2021

ACI Worldwide is introducing its proprietary Network Intelligence Technology to give banks and payment providers the ability to share fraud signals and better use machine learning capabilities to detect and fight deception, according to a press release on Monday (Nov. 15). Get the Full Story...

Security & Fraud
US, Israel Partner on Cybersecurity Issues
November 14, 2021

The U.S. and Israel are working together on fighting ransomware, a report from Bloomberg says. 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,...

Security & Fraud
Credit Card Skimmer Leads to Costco Data Breach
November 12, 2021

Retail giant Costco Wholesale Corporation sent letters this month to its customers alerting them that their payment information may have been stolen through a credit card skimmer while they were shopping at one of their stores, according to a BleepingComputer report Friday (Nov. 12). Get...

Security & Fraud
Check Fraud Accounts for 60% of Attempted Bank Account Theft
November 12, 2021

Banking customers’ expectations of their financial institutions (FIs) are changing as more transactions and activity go digital — at warp speed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Security & Fraud
Hackers Steal Millions of Robinhood Customer Emails, Data
November 08, 2021

Brokerage and crypto-buying app Robinhood has experienced a data security incident, resulting in a hacker stealing five million customer email addresses, the company announced Monday (Nov. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Security & Fraud
US Charges Suspect in Kaseya Cyberattack, Promises Action Against Others
November 08, 2021

In a breakthrough for the President Joe Biden administration’s pursuit of cybercriminals, law enforcement officials seized $6.1 million in ransom payments, and federal prosecutors charged a suspect over a July ransomware attack on American company Kaseya, according to a Department of Justice (DOJ) press release....

Security & Fraud
Live Streamers From Turkey Reportedly Laundered $10M Over Twitch
November 08, 2021

Live streamers based in Turkey are allegedly behind a $10 million money-laundering ring that used the live streaming platform Twitch, which is owned by Amazon, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Security & Fraud
Ongoing Hacking Campaign Hits Global Healthcare, Energy, Defense Networks
November 08, 2021

At least nine critical networks were hacked — including one from the U.S. — in an ongoing campaign that has compromised healthcare, defense, energy, technology, and education organizations worldwide, according to reports on Monday (Nov. 8). Get the Full Story Complete the form to unlock...

Security & Fraud
Keeping Transactions Secure Is Key to Making Business Payments Invisible
November 08, 2021

Today’s most powerful technologies are those where the processes behind that innovation are hidden or invisible from users’ consciousness. When done right, this high-functioning tech is not only seamless but creates time for users that allows them to shift their focus elsewhere. Get the Full...