Security & Fraud

Security & Fraud
FBI Unlocks iPhone — DOJ Drops Case Against Apple
March 29, 2016

The U.S. Department of Justice may be withdrawing its legal action against Apple. 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....

Security & Fraud
Customer Reporting Mishaps Cost Banks Billions
March 29, 2016

The biggest investment banks in the world have faced $43 billion in fines over the past several years, and research has shown that among the most significant culprits has been failures in customer reporting, according to recent research. Get the Full Story Complete the form...

ACH Alert Sees 350 Percent Growth
March 29, 2016

ACH Alert, a provider of fraud prevention technology for financial institutions, has announced record growth numbers — with a more than 350 percent increase in net income in a year’s time. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
Verizon Enterprise Customer Data Hacked
March 28, 2016

The enterprise unit of telecommunications company Verizon continues to deal with the fallout of hackers posting its customer contact data for sale online. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
Startup Touts Safer Online Payments
March 28, 2016

A new startup named Privacy is aiming to change the way consumers shop online with the use of virtual debit cards that can be created for each online transaction. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Iran Denies US Cyberattack Accusations
March 28, 2016

After the Department of Justice brought charges against seven Iranians for allegedly launching nation state-sponsored cyberattacks on U.S. entities, Iran is coming to the defense of its government. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Bangladesh Tells Fed To Recover Its $81M
March 28, 2016

The central bank of Bangladesh is calling on the Federal Reserve Bank of New York and central bank and money laundering authorities in the Philippines to help recover its stolen $81 million. Get the Full Story Complete the form to unlock this article and enjoy...

Security & Fraud
Loan Company Employee Got $400K From Stolen Identities
March 26, 2016

A loan company employee has pleaded guilty to stealing identities of several customers and fraudulently seeking $400,000 in tax returns. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Security & Fraud
DOJ Indicts Iranians For Cyberattacks On Banks
March 25, 2016

Seven Iranians who were employed by Islamic Revolutionary Guard Corps-affiliated entities were indicted on charges of computer hacking related to numerous coordinated distributed denial of service (DDoS) attacks against the U.S. financial sector, the U.S. Department of Justice reported. Get the Full Story Complete the...