Digital marketplaces have become beloved by buyers and sellers — and fraudsters. Nick Huzar, CEO of OfferUp, says most current authentication standards are either too lax — sacrificing security for simplicity — or too stringent, which hurts the user experience. In the latest Digital Fraud...
Almost five years ago (on Dec. 19, 2013), Target was breached. Roughly 40 million consumer credit cards were hacked, and the public outcry of shock was massive. People could not believe an entity like Target could be so completely compromised. Get the Full Story Complete...
George Higginbotham, a former Department of Justice employee in the U.S., pleaded guilty as part of the 1Malaysia Development Berhad bribery and embezzlement scandal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
HSBC, one of the largest banks in the world, wants to launch its new cloud-based anti-money laundering risk management system by next year, according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
In what may be among the largest data breaches in history, Marriott International said Friday morning (Nov. 30) that as many as 500 million guests’ data was accessed, tied to a breach of the Starwood hotel guest reservation database. Get the Full Story Complete the...
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Federal authorities in Germany raided six offices of Deutsche Bank on Thursday morning (November 29), searching for evidence about money laundering and offshore tax havens, according to a report by The Wall Street Journal. Get the Full Story Complete the form to unlock this article...
Dunkin’, the operator of Dunkin’ Donuts franchises, is alerting DD Perks rewards program account holders that its profiles and data may have been accessed by a hacker in October. ZDNet, citing the company, reported Dunkin’ wasn’t the victim of a breach — but that it...
Dell announced that it reset passwords for all accounts on its online electronics store after it stopped hackers from trying to steal customer data. Citing a source familiar with the breach, Reuters reported that the company did not tell customers about the attack before it forced...
