Security & Fraud

Security & Fraud
Thiel-Backed Mobile Bank Has Security Issues
December 29, 2016

New reports are surfacing that N26, the German FinTech company formerly known as Number26, may have security holes in its mobile-only banking product. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
EverCompliant Fights Transaction Laundering
December 28, 2016

Israel-based cyber-intelligence company EverCompliant is the first line of defense against transaction laundering, the digital payments space’s equivalent of traditional money laundering. In a nutshell, transaction laundering allows prohibited merchants to find safe passage into the payment system by exploiting valid merchant accounts. Get the...

Security & Fraud
Flight Booking Systems Open To Hack
December 28, 2016

New research from Security Research Labs (SR Labs) has revealed fundamental security and authentication weaknesses across major flight booking systems, leaving them vulnerable to hacking. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Security & Fraud
Three Chinese Men Accused Of Hacking Law Firms, Trading On The 411
December 28, 2016

Prosecutors in the U.S. have charged three citizens of China with trading on corporate secrets they got their hands on by hacking the networks and servers of law firms that were working on mergers and acquisitions. Get the Full Story Complete the form to unlock...

News
California AG Revives Backpage.com Lawsuit
December 27, 2016

Backpage.com Chief Executive Carl Ferrer, along with two controlling shareholders, are facing fresh charges from California Attorney General Kamala Harris, who last week filed a lawsuit alleging the online media company engaged in pimping and laundering money. Get the Full Story Complete the form to...

News
Security Keys: The Answer For Account Takeovers?
December 27, 2016

Account takeovers, even of high-profile people, has become a common occurrence in this era of sophisticated cyberattacks and hacks, but researchers think they’ve found a way to fight back against account takeovers: cryptographically based security keys. Get the Full Story Complete the form to unlock this...

Security & Fraud
FBI Probes FDIC Hack That Lasted Several Years
December 27, 2016

The FBI is looking into a hack of the Federal Deposit Insurance Corp. (FDIC) that went on for multiple years, starting back in 2010. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
Digital Identity Tracker: Will Biometrics Ring In A More Secure 2017?
December 27, 2016

It’s been slow going when it comes to consumer adoption, but it seems digital identity companies are starting to bet big on mobile payment technology becoming more popular with consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
Lucrative Ad Fraud Brings In Millions Daily For Hackers
December 23, 2016

Methbot, an ad fraud infrastructure that can host legitimate videos and serve them to 300 million fake viewers per day, has raked in around $180 million in the past few months, with each view earning the bad guys $13, according to Intel’s IT Peer Network....