Security & Fraud

Security & Fraud
Wendy’s Breach Included Payment Card Data
July 08, 2016

Few would have thought that the quick-service restaurant industry would have become the target for financial fraud that it has, and many merchants are struggling to adapt to this new reality. Wendy’s has had fits with this lately, though it’s done its best to put...

Security & Fraud
Hummingbad Malware Infects 10M Android Phones
July 07, 2016

Because what the world needed was more bad news about cybersecurity, it seems that 10 million phones have been infected with the preciously named Hummingbad malware. Once in residence, the malware scraps user personal data and makes it appear they have clicked on advertisements they...

Security & Fraud
EU Requests $2B Public-Private Cybersecurity Investment
July 07, 2016

The European Union wants to work with private companies to fund cybersecurity research. 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....

Security & Fraud
Virginia Man To Serve 4 Years For ID Fraud Scheme
July 07, 2016

A Virginia man was sentenced to 47 months in prison on Wednesday (July 6) by a federal district court for his role in a massive identity fraud scheme. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Security & Fraud
Darktrace Cybersecurity Firm Now Worth $400M
July 07, 2016

Cybersecurity firm Darktrace has garnered $65 million in equity funding through a consortium of investors led by private equity giant KKR and Co. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
Android’s Encryption Woes: Bad For Google, Worse For Everyone Else
July 06, 2016

Apple might generate long lines at its stores every time it releases an iterative iPhone, but there’s no doubt that, when it comes to OS market share, Android has been stealing Apple’s lunch money lately. In May, Kantar Worldpanel confirmed that Q1 2016 sales of...

Security & Fraud
FTC Probes Ashley Madison Over Breach
July 06, 2016

Avid Life Media (ALM), the parent company of infidelity dating site Ashley Madison, is being investigated by the FTC, according to a Reuters report citing anonymous sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
Court Says DOJ Can Police Password Theft
July 06, 2016

In a recent federal appeals court decision, the U.S. Department of Justice can proceed to monitor password theft — actions that take their legality from a 1984 anti-hacking law, Reuters reported on Tuesday (July 5). Get the Full Story Complete the form to unlock this...

Security & Fraud
Android Devices Suffering From Flawed Full Disk Encryption En Masse
July 05, 2016

Nothing says welcome back from a long holiday weekend like a massive security flaw in the mostly commonly carried smartphone OS on Earth. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...