security and fraud

Plot Thickens as FBI Probes Alleged MyPayrollHR Fraud
Plot Thickens as FBI Probes Alleged MyPayrollHR Fraud
September 16, 2019  |  B2B Payments

Payroll and direct deposit fraud has gained ground, most recently spotlighted in continued developments tied to MyPayrollHR, which shuttered operations suddenly this past week and...

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 In UK, BEC Fraud Gains Ground on eCommerce Sites
 In UK, BEC Fraud Gains Ground on eCommerce Sites
September 09, 2019  |  B2B Payments

PayPal and eBay, targets for BEC fraud? According to online marketplace news site Tamebay, e-mail addresses are being co-opted and in some cases, sellers are being...

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 Justice Department Indicts 80 in Massive Online Fraud Scheme
 Justice Department Indicts 80 in Massive Online Fraud Scheme
August 26, 2019  |  B2B Payments

The Justice Department has unsealed an indictment spanning hundreds of charges against 80 individuals, many of them Nigerian nationals. The charges detail elaborate BEC schemes...

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Bitcoin Daily: FTC Settles With Accused Crypto Pyramid Schemers; BTC Transactions Spike To Two-Year High
Bitcoin Daily: FTC Settles With Accused Crypto Pyramid Schemers; BTC Transactions Spike To Two-Year High
August 26, 2019  |  Bitcoin

The US Federal Trade Commission announced that the promoters of recruitment-based cryptocurrency schemes have been permanently banned from operating or participating in any multi-level marketing...

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SWIFT: Real-Time Payments Demands Real-Time Security And Compliance
SWIFT: Real-Time Payments Demands Real-Time Security And Compliance
August 23, 2019  |  Digital Payments

Speed isn’t the only factor to consider in the deployment of real-time payments systems. Security and compliance are also vital components in ensuring that payments...

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Prosecutors Argue For Cap One Hacker To Remain In Jail
Prosecutors Argue For Cap One Hacker To Remain In Jail
August 22, 2019  |  Security & Fraud

Federal prosecutors believe that the woman allegedly responsible for the Capital One hacking is a danger to society who needs to stay in prison while...

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Instagram Invites Security Experts To Hack Its Checkout Feature
Instagram Invites Security Experts To Hack Its Checkout Feature
August 20, 2019  |  Security & Fraud

Instagram is inviting a group of security researchers known as white hat hackers to stress-test its Checkout feature before it launches outside the United States....

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Palestinian Terrorist Group Uses Bitcoin To Raise Money
Palestinian Terrorist Group Uses Bitcoin To Raise Money
August 19, 2019  |  Bitcoin

Hamas, the militant Palestinian group, has come up with a new way to raise funds for its terror campaigns: bitcoin. Get the Full Story Complete...

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Fake Android Apps Downloaded More Than 8 Million Times
Fake Android Apps Downloaded More Than 8 Million Times
August 16, 2019  |  Security & Fraud

A security firm has discovered that dozens of fraudulent Android adware apps have been downloaded more than 8 million times from the Google Play store....

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