Security & Fraud

PayPal Cofounder Says Apple Should Unlock iPhone
March 01, 2016

The Apple-FBI saga continues with more tech industry execs weighing in on what they think Apple should be doing. 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...

Ex-Amazon Security Chief Joins Capital One Board
March 01, 2016

In a nod to just how important cybersecurity is becoming to larger firms within the financial space, Capital One said on Monday (Feb. 29) that it has brought on board Amazon’s former chief security officer, Tom Killalea. Brought on board, in this case, is literal,...

Security & Fraud
Ferreting Out Transaction Laundering
March 01, 2016

Illicit business payments have been washing through merchant accounts – and G2 Web Services has found that even shutting down laundering merchants is not always the end of the game. Check out G2's new case study on an illegal spice merchant — and find out...

Security & Fraud
IBM Bulks Up Cybersecurity Side With Resilient Systems Buy
March 01, 2016

IBM Security announced its intent to expand its security operations and incident response capabilities with the acquisition of cybersecurity firm Resilient Systems. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Security & Fraud
PCI Security Standard Council Gains Payment Data Security Partner
March 01, 2016

Cryptomathic, a crypto solutions provider, has joined the PCI Security Standards Council to help improve upon existing payment data security infrastructure. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Ex-Capital One Analyst To Pay $13.5M For Insider Trading
February 29, 2016

Ask any random person on the street about insider trading and they might point to Wall Street corruption or Martha Stewart. But how many know that financial crimes happen at some of the lower levels of the industry, too? Get the Full Story Complete the...

UBS Probed Over Money Laundering
February 29, 2016

Swiss bank UBS may find itself in hot water as a Belgian magistrate judge continues an investigation into the bank’s possible involvement in fraud, money laundering and other criminal activities related to helping wealthy individuals avoid taxes, The New York Times reported late last week....

Security & Fraud
80K Breached In UC Berkeley Cyberattack
February 29, 2016

Late last week, officials at the University of California Berkeley notified 80,000 people of a cyberattack on a system that compromised the Social Security numbers and bank account numbers of current students, former students, faculty members and vendors, Reuters reported. Get the Full Story Complete...

Apple Asks Judge To Toss FBI Request
February 26, 2016

The Apple-FBI saga has officially made its way into the courthouse. 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...