Security & Fraud

Security & Fraud
Six Countries Join Forces To Stop Cybercrime Network
May 16, 2019

Six countries, including the U.S., shut down a cybercrime network that stole around $100 million from victims. 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...

Security & Fraud
Porn Email Scam Nets Scammers Almost $1M In Bitcoin
May 15, 2019

There’s an email scam going around that involves scammers claiming to have webcam footage of people watching porn, with threats to release the info if not paid a hefty ransom in bitcoin, according to a report by Fortune. Get the Full Story Complete the form...

Security & Fraud
Appeal Over Swedbank Money Laundering Complaint Is Denied In Sweden
May 15, 2019

The appeal of an investor who campaigns against corruption in the banking industry was rejected by Sweden on Wednesday (May 15), according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Security & Fraud
Microsoft Says Computer Bug Could Be Exploited By Malware
May 15, 2019

Microsoft has warned that a patched computer bug affecting some of the older versions of Windows could be used as a weapon in the vein of the WannaCry worm, which infected countless computers with ransomware, according to a report by The Wall Street Journal.  Get...

Security & Fraud
Japan’s Uniqlo Hacked, 460K Accounts Compromised
May 14, 2019

Japan’s Fast Retailing, the company that owns the Uniqlo retail chain, said that data from upwards of 460,000 customer accounts was compromised by hackers from April 23 to May 10, according to a report by CNBC. Get the Full Story Complete the form to unlock...

Security & Fraud
Danish Prosecutors Charge Another Former Danske Banker, Bringing Total To Nine
May 14, 2019

Prosecutors in Denmark have filed preliminary charges against another former executive of Danske Bank in relation to one of the biggest money-laundering scandals in the world, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy...

Security & Fraud
WhatsApp Used By Attackers To Install Spyware On Phones
May 14, 2019

Hackers found a way to use messaging app WhatsApp to install spyware onto phones. 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...

Security & Fraud
Offloading Cyber Defense Amid Tech’s Great Unknowns
May 14, 2019

Cyber insurance firm Coalition just raised $40 million in funding to boost staff, and a data platform that analyzes and underwrites cyber risk. CEO Joshua Motta tells Karen Webster that insurance helps firms eliminate the cost of breaches — and helping clients fix vulnerabilities, while...

Security & Fraud
Boost Mobile Notifies Customers Of Hacking Attack
May 13, 2019

Boost Mobile, a network owned by Sprint, has notified customers of a hacker attack that accessed an unknown number of accounts, according to a report. The company sent out a notification to its customers about the incident. “On March 14, 2019, Boost.com experienced unauthorized online...