India’s police took more action in their investigation of the loan scam at Punjab National Bank (PNB), arresting three more employees of the bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Hackers that attempted to lift about $2 million from India’s City Union Bank earlier this month used similar tactics to those observed during the $81 million bank heist in Bangladesh two years ago, according to a statement from City’s CEO. Get the Full Story Complete...
When most people hear about online fraud, they tend to think about what Noa Kalechstain, Riskified’s head of chargeback recovery, calls “classic fraud,” she explained in a recent conversation with PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Cyberattacks cost the U.S. economy upwards of $109 billion in 2016, with activity coming from inside the country as well as outside. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The Russians are coming. 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 to receive marketing...
A month after security researchers publicized security flaws in Intel’s microchips, along with those of other manufacturers, the company is facing 32 lawsuits over the vulnerabilities. Intel was not able to estimate how much those lawsuits might cost the company, Reuters reported. Get the Full Story...
FedEx said on Thursday (Feb. 15) that it has found no evidence that private customer data was “misappropriated” when it was made visible on an unsecured server earlier in February. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
A new survey shows that cybersecurity is the biggest worry for companies, especially since few of them feel prepared to handle an attack. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The Central Bank of the Russian Federation is reporting a SWIFT hack last year that saw hackers made 339.5 million rubles ($6 million) disappear. The disclosure was snuck onto the end of a central bank report on digital thefts out of Russian banks, according to Reuters...
