Security & Fraud

Security & Fraud
Microsoft CISO Says Passwords Are Useless
May 02, 2019

Microsoft‘s chief information security officer (CISO), Brett Arsenault, believes that when it comes to protecting companies and individuals from cyberattacks, passwords are typically useless. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
Hackers Had Six-Month Access To Citrix Networks
May 01, 2019

Citrix has confirmed that hackers had access to its networks for six months before the breach was discovered, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Security & Fraud
EU Probe: Danske Ignored Russia’s Money Laundering Warnings
April 30, 2019

Danske Bank ignored warnings from Russia’s Central Bank about money laundering and suspicious transactions worth billions through Danske’s Estonian branch, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Security & Fraud
Millions Of Americans Could Have Data Leaked Via Exposed Database
April 30, 2019

Security experts have discovered an online, unprotected database that stores the personal data of 80 million American households. Not only does the data on the 24 GB database include people’s full names, street addresses, marital statuses, dates of birth, income brackets, home ownership statuses and...

Security & Fraud
Singapore Police Prevent Bitcoin Machine Scam
April 28, 2019

Police in Singapore helped stop a scam that was targeting users of bitcoin machines at a local mall. 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...

Security & Fraud
EU Watchdog Calls For Money Laundering Reform
April 28, 2019

The European Banking Authority is facing calls from the financial regulation head in Europe to improve its money laundering safeguards after opting not to pursue an investigation into the Danske Bank money laundering scandal. Get the Full Story Complete the form to unlock this article...

Security & Fraud
The Case Of The $850 Million (Alleged) Crypto Fraud
April 26, 2019

Cryptocurrencies have had a rough week of it, evidenced by a double-digit percentage drop in bitcoin, arguably the marquee name in the space. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
P2P Security Issues Plague Millions Of IoT Devices
April 26, 2019

A P2P (peer-to-peer) technology ingrained in millions of IoT (Internet of Things) devices, including security cameras, smart doorbells, baby monitors and video recorders, has many security flaws that allow them to be compromised easily, exposing users to dangers from eavesdropping, credential theft and takeovers from...

Security & Fraud
Chinese eCommerce Site Pinduoduo Pinged For Piracy, Counterfeiting
April 25, 2019

The U.S. Trade Representative’s Office (USTR) has placed Chinese eCommerce site Pinduoduo.com on a blacklist, along with other sites the organization says are involved in copyright infringement and counterfeiting, according to a report from Reuters. Get the Full Story Complete the form to unlock this...