Hacking into a consumer bank account is the holy grail for hackers, and now, they have a new way to do it: via mobile phones. That’s according to a report which said malicious software programs, carrying names like Acecard and GM Bot, are being used...
As P2P continues to expand and accelerate - FinTech and bank companies alike want to make payments as instantaneous as possible. That begs the question of whether fraud prevention can actually kick in before it’s too late. Darcy Berringer, Fraud Management Specialist at nTrust, joined...
Six trillion dollars. Yes, you heard that right. That’s how much cybercrime is expected to cost the world annually by 2021 – a “hackerpocalypse” could be right around the corner. In this week’s Hacker Tracker we take a look at the damages hackers are racking...
As the list of retailers and service providers breached by hackers seems to be ever-growing, it seems the organizations that suffer at the hands of data thieves have a related but separate problem to worry about. Get the Full Story Complete the form to unlock...
United Airlines has reportedly launched a series of updates to its website, which it says will increase the security of its customers’ accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
A flaw that was previously discovered in the Android operating system’s Linux kernel is now believed to impact four in five devices, an estimated 1.4 billion Android devices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Guardian Analytics, the security company fighting banking fraud, announced on Monday (Aug. 22) it is launching a real-time ACH service that protects against fraud risk created by Same Day ACH. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Cybersecurity software provider ID Experts announced late last week that it closed a $27.5 million round of equity funding. The firm, which specializes in delivering software and services for identity fraud protection and cyberbreach prevention, said it will use the new capital to enhance its...
The Apple iPhone 6s “Live Photo” feature may present a biometric security vulnerability in various mobile banking applications. 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...
