Security & Fraud

Security & Fraud
Kaspersky Detects 1.5B IoT Cyberattacks This Year
September 03, 2021

Global cybersecurity firm Kaspersky detected 1.5 billion attacks against Internet of Things (IoT) devices in the first half of this year, using “honeypots,” software that impersonates a vulnerable device, the company’s research department said in an email to PYMNTS on Friday (Sept. 3). Get the...

Security & Fraud
Retailers Fight Theft Rings That Steal and Resell Goods Online
September 02, 2021

When finding deals online at a lower cost than in-store, it could mean eCommerce sellers are peddling stolen goods, according to a Thursday (Sept. 2) report in The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Security & Fraud
BitConnect Exec Admits to Role in Alleged $2B Crypto Fraud
September 01, 2021

The director and promoter of online crypto lending platform BitConnect has pleaded guilty for his part in allegedly defrauding retail investors of more than $2 billion, according to a press release from the Department of Justice (DOJ). Get the Full Story Complete the form to...

Security & Fraud
Wayfair, Riskified Lengthen Fraud Prevention Partnership
September 01, 2021

The eCommerce fraud management platform Riskified is extending its three-year-old partnership with the home furnishings company Wayfair. 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
Healthcare Providers Turn to AI to Rein in Fraudsters’ 240-Hour Head Start
August 31, 2021

In the battle against healthcare fraud, where the job is to make sure cyberattackers don’t make off with sensitive data or funds, it might seem as if the deck is stacked against the good guys. Get the Full Story Complete the form to unlock this...

Security & Fraud
To Stay Ahead of Surging ‘BIN-Fishers’, FIs and Merchants Need to Upgrade Authentication
August 30, 2021

The fraudsters go, always, to the path of least resistance. 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...

Security & Fraud
Hacker Admits To T-Mobile Data Breach, Targeted Unprotected Router
August 26, 2021

A hacker, taking responsibility for breaking into T-Mobile’s systems, said the job hadn’t been difficult, The Wall Street Journal (WSJ) reported. 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
DOJ Says Alleged Payment Processing Scam Bilked $150M
August 26, 2021

Four people have been charged with conspiring to deceive banks and credit card companies, according to a press release from the U.S. Department of Justice (DOJ). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
Tech CEOs Vow To Fight Cyber Crime With Billions Following Biden Meeting
August 26, 2021

Tech moguls are vowing to invest billions to fight cybercrime following a White House meeting with President Joe Biden, the AP and other news outlets reported on Thursday (Aug. 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...