A second hacking group is targeting banks through the Swift Inerbank Messaging system, according to a report out from cyber-security firm Symnatec yesterday (Oct. 11). The group is leveraging similar but distinct tactics from the group that orchestrated an $81 million hack of Bangladesh’s Central...
Q2 Holdings, a provider of secure, cloud-based digital banking solutions for community-focused financial institutions, announced on Tuesday (Oct. 11) the launch of its Centrix Dispute Tracking System (CentrixDTS) Fraud Alerts module, an add-on to the case management and Regulation E compliance platform financial institutions use...
Security company Symantec revealed on Tuesday (Oct. 11) that, since the start of the year, a malware campaign, dubbed Trojan.Odinaff, has been targeting a number of financial organizations around the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Hiding in plain sight. That’s the game that fraudsters are playing, and the web makes it easier and easier for them to use legit web storefronts to conduct their nefarious business. G2 Web Services CPO Dan Frechtling tells Karen Webster how they do it and...
Theranos, the health and medical laboratory services firm, which promised extensive testing was possible from a single drop of blood, is being sued by one of its biggest investors. Partner Fund Management claims that the firm exaggerated the number of tests the technology could perform...
The U.K.’s Cabinet ministers will no longer be allowed to wear Apple Watches during meetings. 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,...
ID Analytics, a consumer risk management company, announced on Monday (Oct. 10) that, based on a new study, there is a direct correlation between a consumer’s level of online exposure and their risk of identity theft. Get the Full Story Complete the form to unlock...
Facebook Cofounder Eduardo Luiz Saverin has been sued in Delaware court over allegations he committed fraud and breach of fiduciary duty of disclosure in the takeover of Jumio, the now-bankrupt identity verification company. Get the Full Story Complete the form to unlock this article and...
The G20 Summit, a global economic leadership forum attended by world leaders from 20 major economies, experienced an onslaught of malicious cyberattacks during this year’s event, which took place Sept. 3–6. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
