The head of the Federal Bureau of Investigation, Director James Comey, said on Wednesday (May 11) that more litigation looms over devices that are mobile and consumer-oriented and that encryption remains a form of “essential tradecraft” among terrorist groups, as reported by Reuters. Get the...
It looks as though even the House of Representatives isn’t safe from the threat of ransomware attacks. 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...
Online merchants know very well that fraud costs them in many ways – in chargebacks, in false positives, in the friction that’s introduced at checkout that can cost a sale. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
2015 was no banner year for in-store retail inventory. If department stores weren’t clogged with stock, they couldn’t move due to warm winter weather, then delays and roadblocks somewhere down the supply chain caused merchants like Target to offer shoppers nothing but empty shelves for...
Three top banking executives could be in hot water after the Nigerian central bank reportedly launched an investigation against them in collaboration with its financial crimes agency, Reuters reported, citing unnamed officials and bankers. Get the Full Story Complete the form to unlock this article...
The supercomputer is taking on cybercrime. 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...
During a recent meeting in Basel, Switzerland, to discuss the $81 million cyberheist at the central bank of Bangladesh, representatives from the Federal Reserve Bank of New York, Bangladesh Bank and SWIFT agreed to work together to track down the stolen funds. Get the Full...
Cybercriminals often work in teams; why shouldn’t the companies that are fighting back against them? That’s the thought process made reality by Visa and FireEye, whose first product together — Visa Threat Intelligence — launched last month. Both companies — including Visa’s Mark Nelsen and...
The world of online fraud is vast and infinite, but if there’s one unifying mechanic, it’s that fraudsters are always looking for the path of least resistance to make off with whatever cash they can. And though scammers are growing bolder with a new bag of...
