Security & Fraud

Security & Fraud
FTC Returns $596K in ‘Phantom’ Payday Loan Scheme
April 07, 2016

The Federal Trade Commission said on Wednesday (April 6) that it would be mailing more than 1,700 checks — totaling more than $596,000 — to consumers who lost funds to a fraudulent debt scheme that penalized them and processed funds tied to debts that they did not...

Security & Fraud
Accused International Cybercriminals Nabbed In Raid
April 07, 2016

German police have an accused cybercriminal who may be tied to a massive international cyber ring. 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...

Security & Fraud
Ex-State Street Execs Charged In Defrauding Scheme
April 06, 2016

The Justice Department said on Tuesday (April 5) that two executives of State Street, a Boston financial services firm — among the largest asset managers globally, as well as being one of the largest custody banks — were charged in a scheme to “defraud at least...

Security & Fraud
Bangladesh Bank Hacker Blame Game Continues
April 06, 2016

There’s been a lot of accusations as to who are the hackers behind the $81 billion Bangladesh central bank cyberheist that involved hacking into the New York Fed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Security & Fraud
Hiring Hackers A Hot Business
April 06, 2016

With the help of online tools, becoming a hacker isn’t really that hard, and those teaching the trade have happened upon quite a lucrative business opportunity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

WhatsApp Flips Encryption Switch
April 06, 2016

Yet another big name in tech has leveled up its encrypted products. 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...

Illegal Online Drug Sales Threaten Acquiring Banks
April 06, 2016

The computer can bring anything to you: entertainment, deep knowledge, new language … why not drugs? As is the case with anything that involves a transaction, the rules of supply and demand still hold sway, and as G2 Web Services recently noted, “violating websites” allow...

Security & Fraud
Trump Hotels Reportedly Breached
April 05, 2016

Will there be a wall to keep out the data breaches? 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...

Security & Fraud
Hack The Pentagon Open For (Bug) Bounty Hunters
April 05, 2016

Registration for the federal government’s premier bug bounty program is officially up and running. 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...