Security & Fraud

Security & Fraud
Data Leak Discovered In Marriott’s Management Company
May 31, 2019

A cybersecurity research team at vpnMentor has discovered that The Pyramid Hotel Group, which manages Marriott and other hotel brands, underwent a data leak exposing vulnerabilities that could potentially be used by criminals, the company said in a report. Get the Full Story Complete the...

Security & Fraud
Flipboard Admits To Nine-Month Database Breach
May 30, 2019

News aggregation platform Flipboard has revealed that it suffered a data breach that went on for nine months. 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...

Security & Fraud
Virus-Infected Laptop Sold As Artwork For $1.3M
May 29, 2019

Who says a virus-riddled laptop is useless? In fact, one person just paid $1.345 million to obtain an infected device — as a piece of artwork. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
Three People Sue Apple Over iTunes Privacy Issues
May 28, 2019

Three Apple customers have sued the tech company over what they say are privacy violations, claiming that Apple allegedly shared their listening habits with third parties, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
Indictment Names Major Banks In Cum-Ex Case
May 28, 2019

A German investigation of Cum-Ex tax deals involves as much as 447.5 million euros ($500 million) lost to the government centers around two London bankers and major banks like Merrill Lynch, Société Générale, Deutsche Bank, M.M. Warburg and others, according to a report by Bloomberg....

Security & Fraud
Criminals Use Universal Credit System To Defraud Families
May 27, 2019

Fraudsters are using the universal credit (UC) benefits system to defraud U.K. families, leaving them without any money. 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...

Security & Fraud
App Defect May Have Exposed First American Financial Customers’ Data
May 26, 2019

First American Financial, the real estate title insurance company, may have provided unauthorized access to the financial information of its customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Security & Fraud
FinCEN Calls For Private Sector Innovation
May 24, 2019

The Financial Crimes Enforcement Network (FinCEN) is launching an initiative called the FinCEN Innovation Hours Program, as a call to private sector companies that have developed tech to fight money laundering and terrorist financing, the organization said in a release. Get the Full Story Complete...

Security & Fraud
Crypto Diamonds Are For … Never(?)
May 24, 2019

Charles Ponzi built his eponymous schemes on the promise of profits tied to postage stamps. But ours is a decidedly high-tech world, where fortunes are made and lost – and in the case of bad doings, unwitting victims parted from hard-earned cash – through bits...