Security & Fraud

Security & Fraud
Cyberattacks Doubled In Europe During Pandemic
June 11, 2021

Cybercrime in Europe doubled in the past year as hackers took advantage of the pandemic, CNN reported, citing figures from the European Union. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
McDonald’s Falls Victim To Data Breach Amid Growing Cyberattack Concern
June 11, 2021

The world’s largest quick-service restaurant (QSR) chain just had its cyber defenses breached. McDonald’s revealed Friday (June 11) that its databases have been hacked in the United States, South Korea and Taiwan, reports The Wall Street Journal. The breach was discovered when external consultants looked into...

Security & Fraud
Payments Orchestration Key To Fraud-Proofing Global Platforms
June 11, 2021

The landscape has been changing for payments fraud thus far in 2021, and that change will continue. 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
Federal Judge Orders 2012 Charge Against MoneyGram To Be Tossed
June 10, 2021

MoneyGram has had its anti-money laundering charges dismissed, according to a Wall Street Journal (WSJ) report on Thursday (June 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Security & Fraud
Wray: Companies Should Not Pay Ransoms In Cyberattacks
June 10, 2021

FBI Director Christopher Wray said companies and organizations that are the victims of ransomware attacks should contact law enforcement quickly instead of paying to unlock their systems, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
JBS Meat Supplier Paid Cybercriminals $11 Million Ransom
June 10, 2021

JBS, the world’s biggest meat processing company, said it paid the equivalent of $11 million in ransom after its company was hacked by cyber thieves in order to prevent disruptions, the company said in a blog post. Get the Full Story Complete the form to...

Security & Fraud
FBI Recovers Ransomware And Follows Great (Bitcoin) Wallet Hop 
June 08, 2021

The “what” is this: A significant portion of the bitcoin-denominated ransomware demanded of – and received from – the Colonial Pipeline operator has been recovered. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Security & Fraud
Tech Glitch Shuts Down Government, News Websites In Europe And US
June 08, 2021

Dozens of news and government websites went offline early Tuesday (June 8) due to a glitch at a cloud services provider. 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 Hit US House, NYC Law Department
June 08, 2021

Will 2021 be remembered as the year of the cyberattack? 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...