A New York man, 39-year-old Bogdan Rusu, was sentenced to 60 months in prison on charges of using credit card skimming tactics to steal $390,141 from various New Jersey banks, according to a Department of Justice (DOJ) report. Get the Full Story Complete the form...
Check Point, a cybersecurity company based out of Israel, recently released research highlighting numerous security flaws in the popular smartphone app TikTok, which is incredibly popular with teenagers and one of the most downloaded apps in the world, according to a report by The New...
New York-listed Rockwell Automation is acquiring Israeli-based Avnet Data Security to deliver advanced cybersecurity services, Rockwell announced on Wednesday (Jan. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Travelex, a foreign exchange and payments company, was thrown into chaos around New Year’s after a ransomware attack locked up its systems, forcing employees to use pen and paper to take care of thousands of customers, according to a report by Reuters. Get the Full...
The excitement of the winter holidays is over, and that leaves only one thing: the annual bout of existential dread that comes from all of the cold, snow and ice. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Retail chain Forever 21, now in the final stages of bankruptcy, was sued by an Alabama mall owner who said the company misrepresented critical sale projections, according to published reports Tuesday (Jan. 7). Get the Full Story Complete the form to unlock this article and...
The alleged perpetrators of a cyberattack on Travelex, the “world’s largest retail currency dealer,” was Sodinokibi, a cyber gang demanding ransom, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
A crippling cyberwar with Iran looms, but maybe not. In an interview with Karen Webster, Samuel S. Visner, director of the National Cybersecurity Federally Funded Research and Development Center (FFRDC), separates fact from fiction as to what Iran can — and won’t — do when...
Tensions between the U.S. and Iran have gone up several notches with the killing of Qassem Soleimani, which might raise the risk for cyberattacks. If past is prologue, banks, hospitals and energy infrastructure may be targets as a new decade dawns.
