Security & Fraud

Security & Fraud
Call Centers: Batten Down The Account Takeover Hatches
September 29, 2017

That the Equifax breach will be a major watershed moment in the history of data security, impacting consumers nationwide for years to come, is not a terribly controversial point. The real concern is that the most personal of data — names, Social Security numbers, credit...

Security & Fraud
Ransomware Tops List Of Hacks This Year
September 28, 2017

Ransomware topped almost all other types of cybercrimes on the internet so far this year, with attacks like WannaCry impacting scores of computers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Security & Fraud
Equifax Officially Apologizes — And Promises To Make Amends
September 28, 2017

Never underestimate the power of saying you’re sorry. 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...

Security & Fraud
Synthetic Identities, Tailor-Made For Fraud
September 28, 2017

Familiarity doesn’t breed contempt in payments security; it builds breaches — the kind that linger and cost billions of dollars in losses tied to fraud. The synthetic ID may be fraudsters’ weapon of choice these days, but technology can help turn the tide, according to GIACT Systems’ Executive Vice President of Product David Barnhardt. In...

Security & Fraud
Fraudsters Pose As Hurricane Relief Orgs
September 27, 2017

Harvey. Irma. Jose. Maria. Even those who were not directly hit by one of these recent, dramatic and devastating hurricanes are feeling the emotional impact after watching these mega-storms wreak havoc across the southern part of the U.S. and surrounding islands. Get the Full Story...

Security & Fraud
SEC Chairman Peppered With Cybersecurity Questions By Congress
September 27, 2017

U.S. Securities and Exchange Commission (SEC) Chairman Jay Clayton, who was recently interrogated in a Senate hearing over a cyberattack of the government agency’s EDGAR database for corporate filings, said he thinks his predecessor, Mary Jo White, had no knowledge of the data breach that...

Security & Fraud
Uh-Oh. Looks Like Sonic Has Been Breached (And Millions Of Cards, Too)
September 27, 2017

Here we go again. 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...

Security & Fraud
San Francisco Sues Equifax
September 27, 2017

Adding this week to Equifax’s list of unhappy individual and groups to deal with — a list that already includes its banking partners, Congressional legislators and the 143 million or so people whose data has been compromised — is San Francisco City Attorney Dennis Herrera, who...

Security & Fraud
From Fingerprints To Faces: Bank of America Explores Biometrics’ Next Phase
September 27, 2017

Consumers are generally accustomed to using a fingerprint to unlock their banking apps - but, are they willing to use their face - and do they think it’s secure? In this month’s PYMNTS Digital Identity Tracker™, powered by Socure, Hari Gopalkrishnan, managing director of consumer...