Security & Fraud

Security & Fraud
TRENDING: Fighting Fraud With Human Bodies And Machine Brains
December 27, 2017

It’s been a good year to be a bad actor. 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...

Security & Fraud
Jewelry Industry Vs. Fraudsters: A Diamond-Cut-Diamond Match
December 26, 2017

Jewelry and luxury watches remain some of the most attractive targets for fraudsters today — jewelry because it’s expensive and in-demand, and watches because they’re, well, not. In this episode of the Global Fraud Index podcast series, Karen Webster and Sourabh Kothari, director of Merchant...

Security & Fraud
Senators Urge Halt On Airport Face ID Program
December 22, 2017

Two U.S. senators urged federal authorities to stop the planned expansion of a $1 billion airport facial scanning program. 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...

Security & Fraud
Financial Institutions Team Up On Data Security Push
December 22, 2017

Seven trade associations representing banks and credit unions have joined forces to call on Congress to put in place stricter cybersecurity standards to prevent more data breaches. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Security & Fraud
Hackers Targeted Russian Bank Globex’s SWIFT System
December 22, 2017

Russian bank Globex revealed that hackers attempted to steal 55 million rubles ($940,000) using the SWIFT international payments messaging system, in the latest attempted cyber heist using fraudulent wire transfer requests. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Security & Fraud
Ransomware Demands Jump As Bitcoin Price Soars
December 22, 2017

Chubb, one of three insurance agencies that has seen an increase in claims tied to ransomware cyberattacks, is blaming bitcoin for the surge. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
Mexico AML Found Deficient
December 20, 2017

The Financial Action Task Force (FATF), an international organization that sets the standards for fighting money laundering, found that Mexican prosecutors are failing to punish finance criminals. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Security & Fraud
Nearly 123 Million American Households’ Data Exposed In Massive Leak
December 20, 2017

Over 123 million American households — a figure which represents nearly all of them — have likely had at least some data about them leak out on the internet earlier this year. Get the Full Story Complete the form to unlock this article and enjoy...

Security & Fraud
Homeland Security Says Facebook, Microsoft Averted North Korean Cyberattacks
December 20, 2017

Facebook and Microsoft blocked a number of cyberattacks from North Korea last week, White House Homeland Security Adviser Tom Bossert announced on Tuesday (Dec. 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...