Security & Fraud

Security & Fraud
The Hidden Pricing Lessons Of Martin Shkreli’s Downfall
February 09, 2016

Six months ago, Martin Shkreli was the 20-something millennial CEO of a pharmaceutical company. Today, he is soaking up social media loathing every time clips of his Congressional hearing or one of his tweets catches the media spotlight. However, as Shkreli prepares to go down...

Security & Fraud
Departments Of Homeland Security And Justice Hacked
February 09, 2016

While it is basically never good news to wake up and find out one’s federal government has been successfully hacked, there is something much worse seeming about it when the two departments hacked are in charge of protecting the citizenry from things like cybercrime and...

Security & Fraud
NSA Outlines Revamped Cybersecurity Unit Plans
February 09, 2016

The United States National Security Agency is reorganizing in a manner that will consolidate both the spying and domestic cybersecurity operations. 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
Barclays Sets Precedent With Cybercrime Analyst Appointment
February 09, 2016

In an effort to promote information sharing and improve its response time to looming cybersecurity threats, Barclays has become the first bank to have a full-time analyst working alongside law enforcement agents and cybercrime experts at Interpol’s Cyber Fusion Centre, ZDNet reported Monday (Feb. 8)....

Security & Fraud
Gyft’s Gift Cards Among Targets Of Security Incident
February 08, 2016

Gyft has said that, beginning on Oct. 3 and lasting through Dec. 18 of last year, two cloud providers used by the company were infiltrated by “an unknown party” and user info was downloaded. Get the Full Story Complete the form to unlock this article...

TaxSlayer Discloses Data Breach Details
February 08, 2016

It appears that TaxSlayer may have sustained a bit of a wound itself in the area of customer data security. 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
Former UK Bank Chief Wants To See The End Of High Denomination Paper Currency
February 08, 2016

Peter Sands, former chief executive of U.K.-based Standard Chartered Bank, thinks that high denomination bills have outlived their usefulness in legitimate transactions and are now functioning as “the currency of corrupt elites.” In a paper published on Sunday (Feb. 7), he advocates for the abolition of the €500...

Security & Fraud
Russian Authorities Allegedly Nab BoA, JPMorgan Hackers
February 08, 2016

Three months ago, Russian authorities staged raids on a Moscow film production and distribution company, tied to an effort to shutter what Reuters reported Saturday (Feb. 6) stands as “one of the world’s most notorious financial hacking operations.” Get the Full Story Complete the form to unlock...

Security & Fraud
Samsung Patent Reveals Vein Payments Authentication Plans
February 05, 2016

You know Samsung for its phones, electronics and Samsung Pay. Now, it may be time to think of Samsung in a different vein. Literally. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...