Security & Fraud

Security & Fraud
The (Unfriendly) Fraudster Lurking Next Door
September 01, 2016

Fraudsters are launching attacks from every nook and cranny in the world, but merchants should also keep a watchful eye on the fraudster down the block. In the latest installment of the Forter Fraudster Profile Series, Forter fraud analyst Gilit Saporta joined Karen Webster to...

Security & Fraud
More Cybertheft Disclosures Coming Out Of SWIFT
August 31, 2016

More troubling revelations out of global financial messaging system SWIFT today, as disclosures are surfacing that yet more hack attacks have been discovered. These attacks have come as SWIFT has urged banks to comply with new security procedures put in place after an early 2016 hack...

Hackers Aimed At State Election Boards, According To FBI
August 30, 2016

In advance of the 2016 election, state election boards have been strongly warned to tighten up security. This warning came from the FBI’s Cyber Division after hackers accessed voter information. The Amber-level warning regarding security levels came after hackers were successful in stealing voter data from one...

Security & Fraud
Can Biometric Authentication Make Employees’ Jobs Easier?
August 30, 2016

Biometrics are FinTech’s BFF. But Karl Martin, Nymi founder and CTO, says that the only truly reliable biometric is the heartbeat, since, among other things, it says that the consumer is alive. In this issue of the Digital Identity Tracker, Martin makes his case about...

Security & Fraud
Finland Customs Agents Seized Drugs, Money From Dark Web
August 29, 2016

Finland customs agents announced on Friday (Aug. 26) they seized around €1 million earlier in 2016 in connection with a operation that was being run on an online dark market. In a statement, the Finnish customs agency also said it stopped around 15 kilos of drugs, totaling...

Security & Fraud
Opera Has Been Hacked
August 29, 2016

In the latest hacking news, web browser firm Opera said it had been hacked, leading to a password reset for one of its services, TechCrunch reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Security & Fraud
When Authentication Is Just A Heartbeat Away
August 29, 2016

Biometrics are FinTech’s BFF. But Karl Martin, Nymi founder and CTO, says that the only truly reliable biometric is the heartbeat, since, among other things, it says that the consumer is alive. In this issue of the Digital Identity Tracker, Martin makes his case about...

Security & Fraud
Son Of Russian Parliament Member Convicted Of Hacking
August 26, 2016

Roman Seleznev, also known as “Track2,” has been convicted on charges that he conspired to hack into U.S. businesses as part of a plot to steal and sell credit card numbers. The hack is estimated to have cost upwards of $169 million. Get the Full...

Security & Fraud
Apple’s Future iPhones May Fight Crime
August 26, 2016

Apple may be getting into the law enforcement game with future versions of its iPhones and iPads. That’s according to an Apple patent that describes how Apple iOS devices could make police work easier by automatically snapping pictures and video of the iPhone or iPad thieves. What’s...