Security & Fraud

Security & Fraud
FTC Settles With Two Websites Over Lack Of Consumer Data Security
April 25, 2019

Two consumer websites have settled with the Federal Trade Commission (FTC) over allegations that they did not secure consumers’ data, allowing hackers to breach both sites. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
The Chipotle Hack And The Troubling Trend Of Credential Stuffing
April 24, 2019

The news out of Chipotle feels a bit like déjà vu, as it’s a story we’ve all heard before. Reports have appeared all over social media, particularly via Reddit and Twitter, about Chipotle user accounts being pirated, with hundreds of dollars’ worth of food ordered...

Security & Fraud
Chipotle Hacked, Payment Credentials Compromised
April 19, 2019

Chipotle Mexican Grill has been the victim of a cyberattack that compromised the credit card payment information for a small number of customers. Many customers have recently posted on social media that orders placed at the restaurant fraudulently used their payment cards during the first...

Security & Fraud
Facebook Admits Millions Of Instagram Passwords Were Exposed
April 18, 2019

Facebook admitted on Thursday (April 18) that millions of Instagram passwords were available to be seen by employees in a company-wide database, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Security & Fraud
Facebook Admits To Uploading 1.5M User Contacts
April 18, 2019

Social media giant Facebook has admitted that it might have “unintentionally uploaded” the email contacts of 1.5 million new users since May of 2016, according to a report from Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
Carsharing App car2go Hacked, 100 Mercedes Stolen
April 18, 2019

Daimler’s car-sharing service car2go was shut down temporarily Thursday (April 18) in Chicago after a slew of Mercedes-Benz cars were stolen by using the app. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
Deutsche Bank Internal Investigation Finds Russian ‘Dirty Money’
April 18, 2019

An internal investigation at Deutsche Bank has found that it processed at least €175 million (nearly $197 million USD) in dirty money for Russian criminals between 2011 and 2014. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
ATM Withdrawals Lead To Online Drug Ring Bust
April 18, 2019

The New York District Attorney’s (DA’s) office has shut down one of the largest drug vendors on the dark web, sinmed, as well as arrested the three men who allegedly ran it. According to Wired, sinmed made millions of dollars by shipping fentanyl-laced heroin, methamphetamines...

Security & Fraud
Cracking FIs’ 90/10 Data Monetization Problem
April 17, 2019

When seven CEOs of the largest banks in the United States gathered on Capitol Hill earlier this month, the topics and questions lobbed at them from members of the House Financial Services Committee spanned all manner of subjects. Get the Full Story Complete the form...