Security & Fraud

Security & Fraud
Cryptojacking New Bastion Of Growth For Hackers
March 22, 2018

With the ransomware market becoming saturated and overpriced, hackers are setting their sights on so-called cryptojacking, which is giving them a new revenue stream. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
Sift Science Eyes Global Fraud Prevention With $53M In Funding
March 22, 2018

Fraud detection startup Sift Science has raised $53 million in a series D round, bringing its total amount raised to $107 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Security & Fraud
Facebook Slapped With Shareholder Lawsuit Over Cambridge Analytica Scandal
March 21, 2018

Facebook’s latest data scandal — in which Cambridge Analytica, the political consulting firm, got access to data on 50 million users — has prompted a class action lawsuit from shareholders as a result. Get the Full Story Complete the form to unlock this article and...

Security & Fraud
Orbitz Hit By Data Breach Exposing Customer Info
March 21, 2018

Orbitz, a subsidiary of online travel agency Expedia, has announced that it was hit with a data breach in 2016. The company stated that hackers were able to access personal information from about 880,000 payment cards. According to Reuters, an investigation showed that the breach...

Security & Fraud
Facebook Loses $36.7B In Market Value Amid Steep Data Scandal Sell-Off
March 20, 2018

Facebook’s stock tanked in trading Monday (March 19), erasing $36.7 billion in market valuation and hitting a low not seen in four years thanks to its latest privacy scandal, this time with Cambridge Analytica. Get the Full Story Complete the form to unlock this article...

Security & Fraud
Facebook Embroiled In New Data Scandal, Prompting Fresh Calls For Regulation
March 19, 2018

Facebook is facing fresh calls for the government to regulate the company after the news that Cambridge Analytica, a political consulting firm, was able to access data on 50 million users beginning in 2014. Cambridge Analytica was then employed by the Trump campaign, Reuters reported....

Security & Fraud
Hackers Are Selling Data Plus Selfies
March 19, 2018

Hackers are apparently getting more visual with a recent data dump for sale on the dark web — including a selfie of each user. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
How To Battle The Friendly (And Not So Friendly) Fraudster? APIs, Rich Data And Collaboration
March 19, 2018

Whether friendly fraud or genuine fraud, for merchants and card issuers, the impact is growing and comes with a host of negative consequences for the entire ecosystem — especially customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
Wells Fargo Probe Expands Into Wealth Management Unit
March 16, 2018

U.S. regulators’ investigations into Wells Fargo’s sales practices has expanded into the financial institution’s wealth management operations, according to news from The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...