Security & Fraud

Security & Fraud
Rio TInto Exec Ousted in Payments Inquiry
November 10, 2016

Mining company Rio Tinto announced Wednesday (Nov. 9) that one of its executives has left the company, and another one was suspended due to an inquiry into emails over millions of dollars in payments made to a consultant to help the company get the rights...

Security & Fraud
Tesco Bank Hack Could Happen To Other Small Banks
November 09, 2016

The theft of money from thousands of Tesco online banking accounts is prompting British cybersecurity experts investigating the crime to warn that other small banks may be at risk for a cyberattack. Get the Full Story Complete the form to unlock this article and enjoy...

Secure Payments, Generation 2.0
November 09, 2016

We use 2.0 as shorthand to describe the latest and greatest in technology, and with 3D Secure 2.0, the question remains: Is newer always better? In a wide-ranging discussion, Karen Webster, CA Technologies VP of Security James Rendell and Mastercard’s Paul Baker, VP and senior...

Security & Fraud
China Pushes Controversial Cybersecurity Law
November 08, 2016

China passed cybersecurity legislation on Monday (Nov. 7) to combat the growing number of threats of hacking and terrorism. However, Reuters reported that the new law has generated concerns from foreign companies and rights groups. Get the Full Story Complete the form to unlock this...

Security & Fraud
Securing 442 Million Points Of Failure
November 08, 2016

442 million — that’s how many new bank accounts are opened every year — many of them now via mobile. In the latest PYMNTS Data Drivers, Karen Webster and Mitek GM Sarah Clark dig into the ways that mobile ID verification can help secure the...

Security & Fraud
Fraud Scare Blocks Thousands Of Tesco Bank Cards
November 07, 2016

Thousands of customer cards have been blocked after Tesco Bank’s fraud system detected suspicious activity, reported HuffPost Business. Concerned account holders took to social media to alert Tesco. Others reported losing funds and being on hold for hours. Get the Full Story Complete the form to...

Security & Fraud
The Real-Time Fraud Intelligence Factor
November 07, 2016

It’s getting harder for merchants to know who they are really doing business with because it’s gotten easier for fraudsters to disguise themselves as legitimate customers. Competition for good new customers means walking a tightrope of more stringent vetting without adding friction. Merlin Bise, co-founder...

Security & Fraud
Hackers Trade Identity Data Like Baseball Cards
November 04, 2016

With major data breaches on the rise, it’s no surprise cybercriminals have access to more than enough compromised data. From a person’s payment information to their mother’s maiden name, hackers have everything they need to pose a legitimate customers and keep perpetrating fraud. In this...

Security & Fraud
Retail IT Professionals Overconfident About Ability To Stop Attack
November 04, 2016

Tripwire, a provider of security and compliance solutions for enterprises and industrial organizations, announced Thursday (Nov. 3) a new study that shows retail IT professionals were overconfident in their ability to collect data needed to identify and stop a cyberattack. Get the Full Story Complete the...