Security & Fraud

Security & Fraud
Fed Task Force Releases Payment Lifecycles And Security Profiles
March 16, 2018

Through the collaborative efforts of those with backgrounds in payments and security, the Federal Reserve’s Secure Payments Task Force has published “Payment Lifecycles and Security Profiles.” The profiles serve as educational materials outlining the lifecycles, security characteristics and relevant laws and regulations for the most...

Security & Fraud
Hackers Behind Prilex POS Malware Using Stolen Data To Make Functional Cards
March 16, 2018

Kaspersky Lab, the security company, announced Thursday (March 15) that researchers have discovered the hacking group behind the Prilex point-of-sale (POS) malware can use stolen credit card data to create functional plastic cards. Get the Full Story Complete the form to unlock this article and...

Security & Fraud
Mastercard And IBM Launch Trust To Help Companies Meet Europe Data Rules
March 15, 2018

Mastercard, the payments company, and IBM, the technology powerhouse, announced Thursday (March 15) the creation of an independent trust to help companies meet the requirements of Europe’s upcoming privacy and data protection policies known as the European General Data Protection Regulation. Get the Full Story...

Security & Fraud
SEC Charges Theranos, Founder And Former President With $700M In Fraud
March 14, 2018

The Securities and Exchange Commission (SEC) announced news on Wednesday (March 14) that it charged Theranos, the Silicon Valley blood-testing technology company, its Founder and CEO Elizabeth Holmes and its former President Ramesh “Sunny” Balwani with providing false information to raise more than $700 million from...

Security & Fraud
Feds Accuse Equifax CIO Pick Of Insider Trading
March 14, 2018

The Securities and Exchange Commission (SEC) announced news on Wednesday (March 14) that it charged a former chief information officer of a U.S. business unit of Equifax with insider trading over the company’s massive data breach. Get the Full Story Complete the form to unlock...

Security & Fraud
Japan Wants G20 Countries To Step Up Crypto Regulation
March 13, 2018

Japan, an early adopter of cryptocurrency, is gearing up to ask its counterparts in the G20 to pick up their efforts to stop digital tokens from being used as a tool to launder money. Get the Full Story Complete the form to unlock this article and...

Security & Fraud
All Sorts Of Smart Cameras Can Be Hacked Remotely
March 13, 2018

Kaspersky Lab announced news on Monday (March 12) that it has found several security vulnerabilities in smart cameras that are used as baby monitors or for home and office security surveillance. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Security & Fraud
CapOne Uses Chatbots To Roll Out Virtual Account Numbers
March 12, 2018

Aiming to make online shopping safer, Capital One late last week rolled out the ability to shop with virtual card numbers via chatbot. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
Telecoms In Turkey, Syria, Egypt Installing Mining, Surveillance Malware
March 12, 2018

Internet providers in Turkey and Syria have reportedly been placing surveillance malware on unsuspecting web users, while internet providers in Egypt are applying the same technology to inject mining malware into browsers. Get the Full Story Complete the form to unlock this article and enjoy...