Security & Fraud

Security & Fraud
Ransomware’s Heavy Costs
September 16, 2016

Krebs on Security reported that ransomware — the style of cybercriminality that infects files on a computer server and then forces users to pay up in order to restore them — has been exacting a cost that could get a lot heavier if hackers start to ask...

Security & Fraud
Two Former Bankrate Executives Can’t Get SEC Allegations Thrown Out
September 16, 2016

Two former executives at Bankrate were unsuccessful in convincing a federal judge to throw out U.S. Securities and Exchange Commission allegations that they manipulated the company’s results to meet forecasts of Wall Street analysts. Get the Full Story Complete the form to unlock this article...

Security & Fraud
Hackers Keep On Hacking…
September 16, 2016

Another day, another scheme. Hackers are hard at work coming up with new ways to make everyone pay — from customers to businesses, and even governments. In this week’s Hacker Tracker, we take a look at the latest figures for how much cyberattacks are really...

Security & Fraud
CyberArk Gets Patent For Security Risk Detection Technology
September 15, 2016

CyberArk, the cybersecurity company, announced on Wednesday (Sept. 14) it was awarded another patent by the U.S. Patent and Trademark Office for security risk detection technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
Thieves Innovating New Ways To Skim Consumer Credit Card Details
September 15, 2016

Another day and another security threat for consumers with cards to worry about. 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 Today....

Security & Fraud
Cyberattacks Happening To More Than One-Third Of US Consumers
September 14, 2016

If you don’t think computer hacks and viruses are a big deal, think again. According to a survey by Zogby Analytics for Hartford Steam Boiler Inspection and Insurance Company (HSB), more than one-third of U.S. consumers have experienced a computer virus, hacking event or some...

Security & Fraud
Cyberattacks Cost Big Biz $861K
September 14, 2016

A new survey from global cybersecurity company Kaspersky Lab revealed that cyberattacks typically cost large businesses $861,000, on average. For SMBs, the damages from cyberattacks usually end up costing the company an average of $86,500. Get the Full Story Complete the form to unlock this...

Security & Fraud
Why Fraud Doesn’t Have To Be The ‘Cost Of Doing Business’
September 14, 2016

Most retailers have been conditioned to think that fraud is simply an unavoidable cost of doing business. And their budgets reflect that. Forter Cofounder and CEO Michael Reitblat tells Karen Webster that’s simply an antiquated way to look at fraud — a perspective which doesn’t...

Taskforce Launched Against Digital Money Laundering
September 13, 2016

As technology advances, so do criminals, who find ways to act in illegal ways. That’s why Europol, INTERPOL and the Basel Institute on Governance announced the launch of a partnership to cull together a working group focused on money laundering in the digital currency space. Get...