Security & Fraud

Tech Giants Lobby Via Letter: Don’t Weaken Encryption Systems
June 10, 2015

U.S. tech companies are exhorting President Barack Obama not to roll back encryption systems in the wake of a strong and quite public debate over mass surveillance, Reuters reported Tuesday (June 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Bitcoin Robbed From Man At Gunpoint
June 09, 2015

Bitcoin has found its name once again in the crime reports, but this time, bitcoin had little to do with the crime itself. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

International
Hackers Target Ola Online Taxi Service
June 09, 2015

Mumbai-based Ola, an online taxi and car rental booking service, is yet another victim of a hack attack. The news was spread two days ago on Reddit, which posted a short explanation text from the hackers themselves, “TeamUnknown.” The hackers claim they were able to...

Lawmakers Call For Stringent Payday Lending Rules
June 08, 2015

The need for stricter payday lending rules demanding a requirement that lenders assess consumers’ ability to repay the loan was put forth by Senate Democrats last week in an attempt to impose stringent policies to reform the industry. Get the Full Story Complete the form to...

Company Spotlight
EMV Migration Gives Verifone A Boost
June 08, 2015

When it comes to EMV migration, it can be difficult to determine how successful the switch is to rolling out EMV-capable devices to merchants. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

The Big Data Cost Of Massive US Breaches
June 08, 2015

When massive data breaches occur — such as the one that hit the U.S. federal computer networks last week (June 5) — the logistical cleanup that comes as part of the breach aftermath often reveals just how much personal data was actually compromised. Get the...

Silk Road Creator Appeals Life Sentence
June 08, 2015

Ross Ulbricht, the creator of the bitcoin-ran Silk Road online illegal drug marketplace, has filed an appeal — less than a week after a federal judge sentenced him to life in prison. Get the Full Story Complete the form to unlock this article and enjoy...

News
Law Enforcement Creating Physical Safe Havens To Complete Online Transactions
June 08, 2015

Motivated by the strings of crimes powered by Craigslist and other similar sites – robberies, scams and killings have all popped up over the last few years – police and sheriff’s departments nationwide are carving out areas of their stations to act as commerce completion...

News
Millions Of Federal Employees’ Data Compromised In Massive Government Hack
June 05, 2015

This morning, 4 million public servants (both former and current) are facing the wonderful world of breached data in the aftermath of a massive data breach first announced by the Federal Government yesterday (June 4). Get the Full Story Complete the form to unlock this article and...