Cybercrime

Cybercrime, or computer-oriented crime, is a crime that involves a computer and a network. The computer may have been used in the commission of a crime, or it may be the target.

Source: en.wikipedia.org

Travelex Reportedly Paid $2.3M Ransom To Hackers

Travelex Reportedly Paid $2.3M Ransom To Hackers
Travelex Reportedly Paid $2.3M Ransom To Hackers
April 09, 2020  |  Security & Fraud

Travelex, the foreign exchange company that was crippled by hackers on New Year’s Eve, reportedly paid a $2.3 million ransom to get their systems back...

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Stopping Fraudsters From Taking The Travel Industry For An $11B Ride
Stopping Fraudsters From Taking The Travel Industry For An $11B Ride
March 20, 2020  |  Fraud Prevention

With the global travel industry expected to lose $11 billion to fraud this year, online travel agents (OTAs) must safeguard against threats across multiple channels....

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How Fraudsters Create New Schemes With Social Engineering
How Fraudsters Create New Schemes With Social Engineering
March 18, 2020  |  Mobile Order Ahead

Fraud is a perennial concern for quick-service restaurants (QSRs), and digital channels open ample new avenues for cybercrime, with hackers targeting restaurants for their cash,...

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Latin America’s Dark, Crypto-Driven, Cybercrime Underbelly
Latin America’s Dark, Crypto-Driven, Cybercrime Underbelly
February 28, 2020  |  Security & Fraud

To get a sense of the new frontiers in cybercrime, and how cryptocurrency helps fraudsters cover their tracks or finance their schemes … look, perhaps,...

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Shark Tank Star Out $400K In Invoice Fraud Scam
Shark Tank Star Out $400K In Invoice Fraud Scam
February 27, 2020  |  B2B Payments

Invoice fraud scams continue to target businesses of all sizes and industries, with experts warning of a major spike in various iterations of business email...

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How Dropbox Fights Fraud
How Dropbox Fights Fraud
February 27, 2020  |  Fraud Prevention

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Fraud Decisioning Orchestrates A Response
Fraud Decisioning Orchestrates A Response
February 19, 2020  |  Security & Fraud

Some people think the best thing about the Pennsylvania-based convenience store and fuel chain Wawa is their absurdly delicious jalapeño-stuffed pretzels, oozing with molten cheese....

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The Big Spike In ‘CEO Fraud’
The Big Spike In ‘CEO Fraud’
February 12, 2020  |  Security & Fraud

According to the 2019 edition of the FBI’s Internet Crime Report, last year was both a lucrative and diverse year for cybercriminals and scammers. All in, the...

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Deep Dive: Fake Profiles Threaten Social Media Networks
Deep Dive: Fake Profiles Threaten Social Media Networks
February 12, 2020  |  Authentication

Social media has become an integral part of everyday life, with a recent study finding that there were approximately 2.77 billion social media users around...

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