security & fraud

Radar Earns Its Stripes Among Enterprise Orgs

Stripe’s first Radar product prevented $4 billion in attempted fraud throughout 2017. Today, April 18, the tech platform for internet businesses is...

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Social Media Usage Increases In Q1 Despite Facebook’s Data Scandal

Despite Facebook’s data scandal with Cambridge Analytica, the number of people that are using social media platforms increased by more than 100...

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Safety and Security

TaskRabbit Takes Website, App Down After Computer Hack

TaskRabbit — the freelancer marketplace owned by IKEA, the Swedish furniture retailer — has been the victim of a hack that prompted...

Vantiv And Revel Search For Startup Talent

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Netflix’s Hastings Says Tech Companies Are Trying To Grow Up

Reed Hastings, the chief executive of Netflix and Facebook board member, said over the weekend that Facebook and other social media companies...

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Facebook User Data Possibly In Russia, Says Cambridge Analytica Whistleblower

Christopher Wylie, the Cambridge Analytica whistleblower, said Sunday (April 8) that more than 87 million Facebook users may have been accessed — and...

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Iceland Needs To Do More To Fight Money Laundering, Terrorism Financing

Iceland’s efforts over the last decade to focus on crimes that were associated with the financial crisis around the globe has hurt its...

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Iranian Data Centers Hacked, Warned Not To Interfere With U.S. Elections

Data centers in Iran were attacked by a network of hackers who left an image of a U.S. flag on the screens...

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Facebook Backs Legislation That Would Reveal Political Ad Buyers

Facebook offered up legislation late last week that would require social media companies to reveal the buyers of online political campaign ads...

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South Korea Detains Head Of Coinnest, Other Crypt Exchange For Embezzlement

The head of two cryptocurrency exchanges in South Korea were detained by law enforcement for allegations they embezzled the assets of customers....

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Facebook Wants To Work With EU Regulators On Data Breach

Facebook is hoping to work with regulators in the European Union (EU) after new evidence revealed the data scandal with Cambridge Analytica...

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Facebook’s Sandberg Says Opting Out Of Ad Targeting Would Be Paid Product

Facebook’s chief operating officer Sheryl Sandberg said Thursday (April 5) that if Facebook users want to opt out of targeted ads, they...

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India Police Tap Central Bank Officials To Help With PNB Inquiry

Investigators in India are questioning four senior central bank officials as part of its investigation into the $2 billion fraud case at...

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Sears, Delta Air Lines Customer Data Compromised In [24]7.ai Breach

Sears, the department store operator, and Delta Air Lines, the airline operator, disclosed Wednesday (April 4) that payment information of some of...

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Weak Websites: How Brands Are Putting Their Customers At Risk

The industry and public were still reeling from the data breach that hit Saks Fifth Avenue and Lord & Taylor last week...

Panera Leaves Customer Data Exposed Online For Months

Panera revealed the data of millions of customers for eight months or more before removing it from the bakery restaurant’s website Monday...

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SEC Charges Centra Tech Co-Founders With ICO Scam

The Securities and Exchange Commission is going after another company raising money via an initial coin offering, charging Centra Tech, a Miami-based...

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Regulation

SEC Charges Founder Of Mozido With Defrauding Investors

The Securities and Exchange Commission (SEC) announced news on Monday (April 2) that it charged Michael Liberty, the founder of Mozido, the FinTech...

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Equifax Confirms It Sent Out Letters To Hack Victims With Wrong Information

Equifax, the credit reporting company still suffering the aftermath of a massive data breach last fall, has confirmed it sent out notification...

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Facebook To Require Marketers To Confirm Email Addresses Were Collected Properly

Facebook, reeling from the data scandal brought on by Cambridge Analytica, is rushing to add more protection to users’ data, readying a...

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Russian Accused Of Hacking US Tech Companies Pleads Not Guilty

A Russian man claimed his innocence late last week after being accused of hacking three U.S. tech companies, potentially accessing personal information...

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Under Armour Breach Exposed 150M MyFitnessPal Accounts

Under Armour has revealed that it’s suffered one of the biggest hacks in history after data from 150 million users of its...

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Cryptocurrency

Bitcoin, Other Cryptocurrencies Continue Decline Over Regulation Fears

With fresh concerns about government regulation of cryptocurrency surfacing, Bitcoin and other digital tokens continued the recent declines in value, erasing $550 billion...

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South Korean Investigators Looking At North Korea’s Role In Youbit Demise

Law enforcement in South Korea is looking into Youbit, the South Korean bitcoin exchange that was the subject of a heist that...

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Facebook Pulling Back The Amount Of Third-Party Data Sharing

Facebook, in an effort to quell some of the backlash since it revealed its latest data scandal with Cambridge Analytica, is limiting...

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Regulation

The Prospect Of More Tech Regulation Sinks Global Stocks

With concerns that technology companies can face more regulation, tech stocks were declining all over the globe — with the tech-heavy Nasdaq...

Facebook Postpones Hardware Unveil Amid Data Scandal

Facebook, embattled in a new data scandal, is postponing the launch of hardware products at its developer conference in May, in part...

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Bank Regulation

Wells Fargo Overhauling Risk Management Processes

Wells Fargo, weeks after it was hit with a rare enforcement action from the Federal Reserve, is overhauling its risk management processes...

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ZDNet Stands By Aadhaar Security Vulnerability Despite Pushback

ZDNet, the tech news site that is facing a discrediting campaign by the Unique Identification Authority of India after reporting about a...

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Facebook’s Sandberg: Not If, But What Type, Of Regulation Is Coming

Facebook Chief Operating Officer Sheryl Sandberg waded into the Cambridge Analytica scandal, apologizing in an interview with CNBC Thursday (March 22) and predicting...

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Personnel

Equifax Names Ex-Mastercard CEO To Its Board

Equifax, the credit scoring company embattled in a scandal due to its massive data breach last fall, announced on Thursday (March 22)...

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Cryptojacking New Bastion Of Growth For Hackers

With the ransomware market becoming saturated and overpriced, hackers are setting their sights on so-called cryptojacking, which is giving them a new...

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Facebook Slapped With Shareholder Lawsuit Over Cambridge Analytica Scandal

Facebook’s latest data scandal — in which Cambridge Analytica, the political consulting firm, got access to data on 50 million users —...

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FTC Wades Into Facebook’s Latest Data Scandal

Facebook, the social media giant embroiled in a new consumer data scandal, is being pursued by the Federal Trade Commission (FTC), the...

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Facebook Embroiled In New Data Scandal, Prompting Fresh Calls For Regulation

Facebook is facing fresh calls for the government to regulate the company after the news that Cambridge Analytica, a political consulting firm,...

Hackers Are Selling Data Plus Selfies

Hackers are apparently getting more visual with a recent data dump for sale on the dark web — including a selfie of...

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Hackers Behind Prilex POS Malware Using Stolen Data To Make Functional Cards

Kaspersky Lab, the security company, announced Thursday (March 15) that researchers have discovered the hacking group behind the Prilex point-of-sale (POS) malware...

Regulation

Wells Fargo To Face New Sanctions Over Auto Insurance Scandal

Wells Fargo is expected to be slapped with sanctions over auto insurance policy commissions after making thousands of people take on auto...

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