Security & Fraud

Security & Fraud
Stablecoin Tether Faces DOJ Probe
July 26, 2021

The U.S. Department of Justice (DOJ) is doing a deep dive into Tether to ascertain whether the bosses behind the stablecoin held back information from banks that transactions were connected to cryptocurrency, Bloomberg reported on Monday (July 26), citing sources. Get the Full Story Complete...

Security & Fraud
Rampant Check Fraud Problem Puts The Challenge In Challenger Banks
July 26, 2021

What is a bank? 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. By completing this form, you agree to receive marketing...

Security & Fraud
Down But Not Out: Paper Checks Are Still Catnip For Fraudsters
July 23, 2021

If you’d have asked anyone 10 years ago about the state of the paper check in 2021, the answer might have come back in a single word: Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Security & Fraud
US Jobless Claim Fraud A Boon To Identification Companies
July 22, 2021

Unemployment fraud is on the rise, according to Reuters, and it’s drawn a critical eye to ID.me, which works in the business of verifying identities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Security & Fraud
Kaseya Receives Universal Key To Help Cyberattack Victims
July 22, 2021

Kaseya, the Florida company that fell victim to a ransomware attack in early July, has now come into possession of a universal key that can decrypt the over-1,000 businesses and public organizations that were affected by the attack, the Associated Press writes. Get the Full...

Security & Fraud
Auto Dealers Face Gap Between Tight Risk Management And Comfy Customer Experience
July 22, 2021

“Everyone’s at risk — and everyone’s a target.” 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. By completing this form, you...

Security & Fraud
Government Could Require Companies To Report Cyberattacks
July 21, 2021

A new piece of legislation would require some companies to inform the federal government if they’ve become the victim of a cyberattack. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Security & Fraud
FIs Need Real-Time Tools To Stop Real-Time Payments Fraud
July 21, 2021

Fraud looms, as it always does, when there is money to be moved — and with real-time payments, there are truly only a few milliseconds in which to stop bad actors. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Security & Fraud
Insurers Tighten Coverage For Cyberattacks
July 20, 2021

Insurers are having to take a hard look at how they deal with ransomware attacks as they keep happening and coverage is much more necessary than it previously was, a Bloomberg report says. Get the Full Story Complete the form to unlock this article and...