Sections
cybercriminals
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2.2KSecurity & Fraud‘Grinch Bots’ Ramp Up Cybercrime During Holidays
Insidious shopping bots infiltrate eCommerce sites year-round, but the holiday season brings them out in droves, with 20 bots for every one...
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2.4KDigital BankingDeep Dive: How Emerging AI Data-Driven Models Influence The Fraud Fight
Bank and credit card fraud losses are likely to reach $44 billion by 2025, and new fraud types — like attacks from...
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3.8KDigital BankingScotiabank: Slow But Steady Wins The AI Fraud Race
The fact that fraud is on the rise is not new, nor is it surprising that banks are turning to artificial intelligence...
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3.7KFraud PreventionWhy AI Is Social Media Fraud’s New Best Friend
It can be difficult these days to remember the almost idyllic promise of social media when it first entered the general consumer...
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4.2KSecurity & FraudFlorida City Pays Hundreds Of Thousands To Hackers
One small Florida city has had to pay cybercriminals thousands of dollars in ransomware. Lake City, a community of about 12,000 people...
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2.2KBitcoinBitcoin Daily: Amazon Blockchain Service Expands; Cybercriminals Steal $356M In Crypto In Q1
Amazon Web Services (AWS) has launched its Amazon Managed Blockchain, a service that enables users to create and manage scalable blockchain networks....
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7.6KSecurity & FraudThe Chipotle Hack And The Troubling Trend Of Credential Stuffing
The news out of Chipotle feels a bit like déjà vu, as it’s a story we’ve all heard before. Reports have appeared...
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3.3KLegalCybercriminals Charged With Money Laundering, Wire Fraud
A federal jury has convicted two Romanian cybercriminals of infecting computers with malware in order to steal credit card and other information...
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5.3KB2B PaymentsNew Cyberattacks Surface To Steal Corporate Funds
The threat of cyberattacks continues to grow, and small businesses (SMBs) are caught in the crosshairs. The latest research in small business...
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4.4KSizzle/FizzleFormjacking Takes Off (And The Rest Of The Week In Sizzles And Fizzles)
While there is much negative to be said about cybercriminals, one can’t accuse hackers and cybercriminals of being uncreative in their methods....
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6.1KBitcoinBitcoin Daily: BitGrail CEO Owes $170M; $1B In Digital Currency Hacks Stolen
Francesco Firano, founder of cryptocurrency exchange BitGrail, has been ordered to repay the $170 million worth of cryptocurrency that allegedly went missing...
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3.5KToday In DataToday In Data: Nothing Ventured, Nothing Gained
Gambling isn’t new to payments and commerce players – every new idea is a gamble, in a sense – but creating instant...
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6.5KSecurity & FraudInfoSec CTO: How To Improve The Privacy IQ Of Smart Devices
When it comes to the world of cybercrime touching the connected smart devices that consumers are increasingly using, it is easy to...
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25.2KSecurity & Fraud2018 Data Breaches: The List No One Wanted To Make
So far this year (and there’s still one more day), Verizon reported that there have been 2,216 confirmed data breaches across 65...
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4.8KSecurity & FraudGovt. Cyberattacks May Be Linked To Lazarus Group
Dozens of companies around the world were infiltrated by hackers using malicious software programmed to steal information, according to a report by...
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3.9KToday In DataToday In Data: Big Changes In Unexpected Places
Change can be disorienting, particularly when it comes at a fast pace. It’s why the news that 44 million Americans owe over $1 trillion in...
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2.9KToday In DataToday In Data: Offering Innovations In Risk-Rich Environments
Where there are underserved consumers looking to enter the digital ecosystem, there are innovators big (and, in some cases, very big) and small looking to...
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8.9KSecurity & FraudBig Banks See Uptick In Cyberattack Attempts
Sources have reported that some large U.S. banks have seen a boost in attempted cyberattacks in recent weeks. According to The Wall...
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5.0KSecurity & FraudDeep Dive: How Retailers Guard Against Cyberattacks
PYMNTS explores the forces threatening consumer trust in this month’s Digital Identity Tracker™ Deep Dive, including how companies protect themselves while boosting...
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3.4KToday In DataToday In Data: The High Cost Of Falling Behind In Payments
In a world that is moving quickly – and often in a lot of new directions at once – staying caught up...
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2.5KToday In DataToday In Data: Fighting Fraud Without Frustrating Merchants
For all the time, energy and effort spent fighting fraudsters, they are persistent in looking for ways to fight back. The costs are myriad,...
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5.3KSecurity & FraudCybercriminals Harass FIs 81M Times In 2018 So Far
A new report has revealed that financial institutions (FIs) were hit with 81 million cybercrime attacks in the first half of 2018,...
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6.8KSecurity & FraudDataVisor CEO On Winning The AML Arms Race
The best thing about living in the digital age, DataVisor CEO and Co-Founder Yinglian Xie told Karen Webster in a recent conversation,...
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21.1KSecurity & FraudFBI Warns Banks About Widescale ATM Cash-Out Scam
The Federal Bureau of Investigation (FBI) has issued a warning to banks that cybercriminals are gearing up to launch a choreographed global...
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4.3KSecurity & Fraud146B Customer Records On Dark Web By 2023
A new report has found that over 33 billion records will be stolen by cybercriminals in 2023 alone. The new findings gathered...
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4.6KSecurity & FraudHyas Notches $6.2M In Series A Round Led By Microsoft’s M12
To help identify the hackers behind cyberattacks, Hyas has notched $6.2 million in Series A funding. The round was led by Microsoft’s...
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20.5KSecurity & FraudBeware Malware ‘Cocktails,’ Warns SonicWall
Malware is up – and beware the malware cocktails. SonicWall said that its 2018 Cyber Threat Report found that cyber threats are...
- 5.0KSecurity & Fraud
DOJ Charges 36 Over $530M In Cyber ID Crime Spree
You’ve heard of a baker’s dozen. Well, here, perhaps, is the hacker’s three dozen — and might there be more? According to reports by...
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18.5KBitcoinBitcoin Daily: Ripple’s Bitcoin And XRP Crash, Cybercriminals Love Their Crypto
With the growth of cryptocurrency, criminals are beginning to commit crypto crimes. Cybercriminals have come up with several techniques to steal digital...
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7.0KBlockchain / Distributed LedgerForget Bitcoin — Privacy Tokens A Favorite Of The Bad Guys
Bitcoin may be garnering a lot of interest from all sorts of investors, but it’s losing its luster for criminals, as they...
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3.4KSecurity & FraudSenators Dissatisfied With Equifax’s $7M Deal With The IRS
Senators Elizabeth Warren and Ben Sasse have some questions for the Internal Revenue Service (IRS) when it comes to Equifax. Less than...
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6.2KMarketsDark Web Down But Not Out
The black market took a hit when, in July, law enforcement took down two of the biggest dark web marketplaces, AlphaBay and...
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4.3KSecurity & FraudSurvey Says Security Professionals Doubt Effectiveness of Encryption Backdoors
Venafi, the provider of machine identity protection, announced Thursday (Aug. 17) that, based on survey results, the majority of IT security professionals...
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9.5KSecurity & FraudToo Much Security? There’s No Such Thing
Retailers are retailers, not security experts. Too often, their best efforts can create friction at the point of sale for consumers, which...
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5.9KFraud AttackDigital Shadows Study Discovers Online Schools For Cybercriminals
Digital Shadows, the industry leader in digital risk management, revealed its findings on the changing habits and tactics of organized credit card...
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5.2KInternet of ThingsKaramba And Securing The Connected Car Future
The connected car future is more or less becoming the connected car present, and with that changeover, cars are becoming more than...
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10.7KSecurity & FraudThe Part Of Fraud That’s On The Decline
Catching fraudsters isn’t as easy as just checking the IP address of an order anymore. Today’s fraudsters are smart, well-funded and coordinated,...
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9.3KSecurity & FraudRSA: Biometrics Are The Sweet Spot Between Convenience And Security
Teach a man to phish and he’ll launch a phishing attempt every 30 seconds for the rest of his life. So what...
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6.0KSecurity & FraudKaspersky Lab Report Shows U.S. Is No. 1 Target For Mobile Ransomware
Wealthy countries with developed financial and payment infrastructures are most likely to have their data encrypted and held for ransom by cybercriminals,...
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5.2KSecurity & FraudHere’s The Most Popular Chat App For Cybercriminals
The most popular communication tool for fraudsters, cybercriminals and other digital crooks probably isn’t what you’d think. While the thought of cybercriminals...
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5.4KData DiveCostco Dares To Be Different, Google Gets More Global And Cybercriminals Get Organized
Americans are waking up slightly groggier this morning as we as a nation continue to adjust to Daylight Savings Time. The good...
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7.1KSecurity & FraudHow Cybercriminals Exploit Human Nature
According to the results of Verizon’s 2016 Data Breach Investigations Report, released on Wednesday (April 27), cybercriminals have become quite adept at...
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2.9KSecurity & FraudAccused International Cybercriminals Nabbed In Raid
German police have an accused cybercriminal who may be tied to a massive international cyber ring. According to a Reuters report, police...
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BoA’s Data Mapping Scheme To Take On Cybercriminals
How can big banks be prepared to take on the rapidly changing cybercriminal landscape? For one, making sure security strategies are in...
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7.5KSecurity & FraudBlack Market Demand Fuels Mobile ID Fraud
The demand for U.S. smartphones on the black market overseas is at an all-time high. According to law enforcement officials, criminals are...
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7.4KSecurity & FraudFraudsters: They’re Just Like Us!
Chances are that the things on consumers’ holiday wish lists this year are exactly what fraudsters’ wish for too. Michael Reitblat, Co-founder...
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‘Unremovable’ Malware Plagues Android Apps
Security researchers discovered new Android adware yesterday (Nov. 5) that has hidden itself within thousands of mobile applications, such as popular titles...
