Security & Fraud

Security & Fraud
Ashley Madison’s Bad Breach Break-Up
April 23, 2016

Schadenfreude, the German word for joy at the pain or misery of others, is one of the more perfect lingual creations of mankind. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
Malware: The Next Big On-Demand Business
April 22, 2016

Everyone is getting into the business of selling things via the cloud — even cybercriminals. 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,...

Security & Fraud
Breached Ashley Madison Users Can Sue — If They Admit Who They Are
April 22, 2016

Good news and bad news for those whose data was breached in the hack of adulterous dating website Ashley Madison. The goods news: They can sue. The bad news: The 42 plaintiffs in the case are going to have to make their names known if...

Security & Fraud
Was Bangladesh Central Bank’s Hack Its Own Fault?
April 22, 2016

Investigators looking into one of the world’s biggest cyberheists believe the bank’s own security shortcomings left it vulnerable to fraudsters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Security & Fraud
CFPB Throws The Book At Payday Loan Aggregator
April 22, 2016

The Consumer Financial Protection Bureau said on Thursday (April 21) that it had taken action against the cofounding duo of a company that resold loan applications without taking security precautions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
FCC Digs Deep In Spying Tech Used In ’60 Minutes’ Hack
April 22, 2016

The U.S. Federal Communications Commission announced its plans to study the technology behind the mobile hack that allows cybercriminals to gain unauthorized access to a device just by knowing a phone number. Get the Full Story Complete the form to unlock this article and enjoy...

Inside Kount’s Fraud-Fighting Machine
April 22, 2016

Cybercriminals are getting smarter, but thankfully, so is the technology that is designed to thwart them. Brad Wiskirchen, CEO of Kount, described the need for online merchants to have a multilayered approach to fighting fraud landscape.

Security & Fraud
FBI’s Bill To Crack The iPhone? $1.3M
April 22, 2016

FBI Director James Comey confirmed on Thursday (April 21) that the agency spent more than his salary over the next seven years and four months in order to gain access into the encrypted iPhone of one of the San Bernardino shooters, Reuters reported. Get the Full...

Security & Fraud
Bank Malware Hackers To Spend 24 Years In Jail
April 22, 2016

Two hackers were sentenced to a combined 24 years in U.S. prison for stealing hundreds of millions of dollars from financial institutions across the globe using the malware SpyEye. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...