Sections
security & fraud
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Security & FraudFinCEN Warns Of COVID Scams Targeting FIs, Consumers
The Financial Crimes Enforcement Network (FinCEN) issued a press release warning financial institutions (FIs)...
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Security & FraudThe Latest Digital Fraud Prevention Technique: Build A Selective Lock
When one stops to consider how fast merchants pivoted to offer their consumers digitally-enriched...
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Security & FraudInstacart Denies Reported Data Breach Affecting 280K Users
Hundreds of thousands of Instacart customers are having their personal data sold on the...
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Security & FraudFeds Eye Payments Processors, Phony Websites Over Fraud
The U.S. Department of Justice (DOJ) and the Federal Trade Commission (FTC) are cracking...
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Security & FraudWhy Traditional Fraud Methods Failed To Stop Public-Payout Systems Fraud
Some recently unemployed Americans who have attempted to file for jobless benefits are encountering...
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Security & FraudTwitter Hackers Took Personal Data From Celebrity Accounts
Twitter has provided a glimpse into its investigation of last week’s security breach, the...
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B2B PaymentsRansomware Attack On Orange Accessed 20 Enterprise Customers' Data
France-based telecom company Orange reported that a ransomware attack had compromised the data of...
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Security & FraudWirecard Exec Admits Role In German Company's Collapse, Attorney Says
One of the unnamed jailed executives in the Wirecard scandal has reportedly admitted guilt...
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Security & FraudBaFin Downplayed Wirecard Complaints, Report Says
German market watchdog Federal Financial Supervisory Authority, or BaFin, has come under fire for...
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Security & FraudTwitter Accounts Of Bezos, Buffett, Musk And Others Apparently Victims...
High-profile Twitter accounts, including those of Amazon CEO Jeff Bezos, Berkshire Hathaway Chairman Warren...
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Security & FraudHackers Hike Attacks On Hospitals Amid Pandemic
A national survey has found more than 80 percent of medical practices have been...
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Security & FraudIndia's Google-Backed Delivery App Dunzo Hit By Data Breach
Delivery startup Dunzo, India’s food and grocery delivery service backed Google, has suffered a...
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Security & FraudSecret Service Launches Task Force To Fight Cyber Fraud
As federal investigators recognize the connections between cyber and traditional financial crimes, the U.S....
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Security & FraudBitfinex Must Answer NY AG Allegations It Hid Over $800M...
Cryptocurrency exchange Bitfinex must answer allegations by the state of New York that the...
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Security & FraudWirecard Exec Who Ran Unit At Heart Of Scandal In...
Wirecard executive Oliver Bellenhaus, 46, has been arrested in Munich for his alleged central...
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Security & FraudUK Digital Banking Apps Affected By Wirecard Subsidiary Freeze
After the U.K.’s Financial Conduct Authority (FCA) mandated that Wirecard’s British Wirecard Card Solutions...
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Security & FraudWirecard, Enron And Warning Signs Across Two Decades
Author George Santayana famously wrote: “Those who cannot remember the past are condemned to...
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Security & FraudEY Accused Of Missing Alleged Wirecard Fraud
In the ongoing scandal of Wirecard, under fire for fraud, the focus is now...
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Security & FraudPhilippines Opens Probe Into Wirecard’s Missing Cash
The Philippines has launched an investigation into the missing $2.1 billion that Wirecard said...
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Security & FraudTelegram: Breach Exposed Millions Of Users' Data
Messaging app Telegram said a data breach has exposed a database containing the personal...
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Security & FraudCreating An ‘Anchor Of Trust’ In The Battle Against CNP...
As the world must go increasingly digital — perhaps permanently — people who had...
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Security & FraudDOJ Alleges Man Faked 120 Employees To Get $3M PPP...
A 44-year-old Texas man, Fahad Shah, was charged with fraud for allegedly attempting to...
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Security & FraudConsumers Duped By 'Risk-Free Trials' To Get $8.7M In Refunds...
The Federal Trade Commission (FTC) is sending out over $8.7 million in refunds to...
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Security & FraudNintendo Says Hacked Accounts Could Total 300,000
The number of Nintendo accounts compromised by hackers was nearly double the amount reported...
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Security & FraudFTC Bans Rogue Payment Processor In Settlement Over Alleged Scams
A Texas operator of several payment processing centers has agreed to be permanently banned...
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Security & FraudIt Takes A Hub: Fighting eCommerce Fraudsters Across New Vectors
As commerce shifts online in a pivot that is likely to remain permanent, the...
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Security & FraudEurope’s Financial Forces Launch Cybersecurity Sharing Initiative
A cross-section of European financial powerhouses – including members of the Euro Cyber Resilience...
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Security & FraudFacial Recognition Firm Clearview AI Client List Is Hacked
Facial recognition outfit Clearview AI — which collects billions of photos off the internet, and...
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Security & FraudHack Of Patient Survey Firm NRC Health Raises Questions Over...
A cyberattack at NRC Health has prompted questions about the security of its data...
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Security & FraudData Breach At US Defense Agency Compromised Personal Info
The U.S. Defense Information Systems Agency (DISA) said that its network was likely “compromised,”...
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Security & FraudPR Gov’t Loses $2.6M Due To Email Phishing
The government of Puerto Rico lost $2.6 million after it was the victim of...
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Security & FraudAvast Antivirus Program Selling Private Browser Data
Antivirus program Avast was found to be selling user data to a number of...
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Security & FraudTourism Data Hack Leads Greek Banks To Cancel Thousands Of...
All four of Greece’s main banking institutions enacted security protocols after a data breach,...
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B2B PaymentsWhen Email Becomes SMBs' Biggest Security Threat
The business email compromise (BEC) scam is a cybersecurity threat to businesses of all...
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Payments InnovationNew Data: 85 Pct. Of Businesses Have Real-Time Payments On...
The Clearing House launched Real-Time Payments (RTP) two years ago, enabling financial institutions in...
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Security & FraudLandry’s Customer Payment Data Stolen In Cyberattack
U.S. restaurant chain Landry’s announced on Thursday (Jan. 2) that it had been the...
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Security & FraudWyze Smart Device Co Leaks 2.4M Customers’ Data
Internet of Things (IoT) vendor Wyze announced a server leak that exposed the data...
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Security & FraudSynthetic Fraud’s Slow Roll Across FIs
Impersonation fraud — where a cybercriminal pretends to be someone they aren’t in an...
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Security & FraudThe Rise Of Holiday Reshipping Fraud
Criminals get into the holiday spirit, too. For instance, they know how to talk...
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Security & FraudDoing Battle With Holiday Fraudsters At The ATM
The holiday season is in full swing. That means opening up wallets and purses...
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Security & FraudWhy Securing Digital Transactions Is On Every Merchant’s Wish List
While dealing with fraud has always been a cost of doing business for merchants,...
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Security & FraudFBI Warns Russian Apps Are Subject To ‘Cyber Exploitation’
The Federal Bureau of Investigation (FBI) has issued a warning about mobile apps developed...
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Fraud PreventionFighting Real-Time Payment Fraud In Layers, With Moats
Real-time payments, real-time risk. As consumers embrace real-time transactions, financial institutions (FIs) must recalibrate...
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Security & FraudFBI Probing Hack Of US Electricity Providers
The FBI is investigating a hacking campaign that targeted more than a dozen U.S....
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Security & FraudMalicious Apps Gained Access To Some Facebook, Twitter Users’ Personal...
After using their accounts to log into specific Android apps downloaded from the Google...
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Security & FraudGIACT On Payments’ $29M Wire Fraud Wake-Up Call
Last week, the U.S. subsidiary of Japan’s largest financial media organization, Nikkei, made headlines...
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Security & FraudCapOne Back Online After Major Outage
Capital One saw an outage on Friday (Nov. 1) that kept some of its...
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Security & FraudAmazon, Google Smart Speakers Could Be Breached By Hackers
Security researchers at SRLabs have discovered a new vulnerability that could leave Google and...
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Security & FraudThe Hidden Fraud That Spells Big Marketplace Losses
Everyone loves a good, free introductory offer: the month of free access to a...
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Security & FraudFacebook App Investigation Leads To Thousands Of Suspensions
Facebook revealed it has suspended "tens of thousands" of apps due to an investigation...
