Security & Fraud

Security & Fraud
School District Pays Hackers $10K In Bitcoin To Recover Data
May 02, 2018

After hackers stole data from the computer system of a Massachusetts school system, they offered to return the information in return for a $10,000 bitcoin payment. The Superintendent of Leominster Public Schools, Paula Deacon, was surprised to learn of the extortion demand and contacted police,...

Security & Fraud
Data Breaches Are Stressing Americans, Canadians Out
May 01, 2018

Kaspersky Lab, the cybersecurity company, revealed in a new survey on Tuesday (May 1) that 81 percent of Americans and 72 percent of Canadians are stressed out about the recent rash of data breaches. Get the Full Story Complete the form to unlock this article...

Security & Fraud
Three Banks In Mexico Report Attempted Cyberattack On Payment Systems
May 01, 2018

Three banks in Mexico were the victims of an attempted cyberattack that aimed to gain access to the country’s electronic payment systems. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Security & Fraud
Access Group Education Leaks Data On Student Loan Borrowers
April 30, 2018

Access Group Education Lending, the student loan servicing company, has been the subject of a data breach. 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
Kaspersky Lab Sees Rise In Botnet Activity
April 27, 2018

Kaspersky Lab saw an increase in activity by both old and new botnets as well an increase in popularity of amplification distributed-denial-of-service (DDoS) attacks in the first quarter of 2018. The company also noticed the return of long-lasting (multiday) DDoS attacks, according to its 2018 DDoS...

Security & Fraud
India Investigating $90M Loan Fraud At IDBI Bank
April 27, 2018

India might be dealing with more illegal activity at a bank. This time, it’s an alleged 6 billion rupee ($90 million) case of loan fraud at IDBI Bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Security & Fraud
Uber Updates ‘Bug Bounty’ Payments Policy
April 26, 2018

Uber is changing its policy on bug bounties, payments to people who expose data security problems, Reuters reported on Thursday (April 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Security & Fraud
Hotel Key Cards Can Be Hacked Into A Master Key
April 26, 2018

A new study has found that hackers can use a used hotel key card to create a master key that gains entry into any room in the building without detection. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
Equifax’s Data Breach Has Cost It $242.7M
April 26, 2018

Equifax, the embattled credit scoring company that is still reeling from last fall’s massive data breach that exposed information on more than 145 million people, has spent $242.7 million dollars on the breach. Get the Full Story Complete the form to unlock this article and...