Sections
security & fraud
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1.4KSecurity & FraudSome Equifax Victims Have Already Received Compensation
Among the more than 145 million U.S. consumers whose financial information was exposed in the Equifax hack, some have been able to...
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1.3KSecurity & FraudBithumb Says $31.5M Of Digital Tokens Stolen
Bithumb, the South Korean cryptocurrency exchange, was the subject of a hack — $31.5 million worth of digital tokens were stolen in...
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2.2KDataVerizon Halts Third-Party Location Data Sharing
Verizon is getting accolades from Senator Ron Wyden, the Democrat from Oregon, for deciding to stop selling real-time location data to outside...
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993Security & FraudIdentityMind Announces 2.0 Version Of AML Transactions
IdentityMind Global, the AML transaction monitoring company, announced on Wednesday (June 20) the launch of IdentityMind 2.0, which the firm is calling...
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1.9KBank RegulationWells Fargo Receives Approval To Settle $142M Suit
After receiving preliminary approval for a settlement last July, Wells Fargo said that it has received final approval from a California court...
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1.2KDataEquifax Taps IBM Executive As Chief Technology Officer
Equifax, the embattled credit scoring company announced Thursday (June 14) that it named Bryson Koehler as Chief Technology Officer. In a press...
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1.6KSecurity & FraudWorld Cup Threatened With Possible Cyberattack
Based on a survey of security professionals who attended Infosecurity Europe 2018, the majority expect a cybeattack at this year’s World Cup, which...
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1.1KSecurity & FraudUK Retailer Dixons Carphone Hit With Cyber Breach
British mobile phone and electrical retailer Dixons Carphone announced that its payment card data had been illegally accessed. “We have taken action...
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1.2KSecurity & FraudEntersekt Opens New North America Headquarters As Business Grows
Entersekt, the push-based authentication and app security company, announced Tuesday (June 12) that it has opened a new office in Atlanta, Georgia,...
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2.3KSecurity & FraudFBI Arrests 74 People For Business Email Compromise Scams
Federal authorities including the Department of Justice and the FBI announced Monday (June 11) that law enforcement arrested 74 people in the...
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1.3KFraud PreventionTrulioo Partners With Acuant To Enhance Online Identity Verification
Trulioo, the global identity and business verification provider announced Tuesday (June 12) that it has partnered with Acuant, a global provider of...
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550FacebookFacebook ‘Whitelists’ Granted Firms Access To Walled-Off User Data
Facebook is facing allegations that it inked data-sharing deals with certain companies, providing special access to user information after 2015 when it...
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3.8KBitcoinSouth Korean Cryptocurrency Exchange Hack Sends Price Of Bitcoin Lower
Coinrail, a small South Korean cryptocurrency exchange that disclosed over the weekend it was hacked, sent the price of bitcoin lower. The...
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3.3KBitcoinBitcoin Daily: Ripple Hired Ex-SEC Officials For XRP Suit, Crypto Ransomware Rises
Send is gearing up for the pre-sale of a digital token that seeks to offer price stability, the company said in an...
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1.3KRidesharingMobike Wrestles With Bike Theft In Mexico City
Mobike, the Chinese bike sharing company, is dealing with a growing problem of theft in Mexico City, the market it entered this...
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1.8KSecurity & FraudYahoo Hacker Sentenced To Five Years
Karim Baratov, a Canadian that has been charged with hacking Yahoo‘s email for the Russians, has been sentenced to 60 months. Bloomberg,...
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2.0KSecurity & FraudPaytm Accused Of Sharing User Data With Indian Government
Paytm, the leading digital wallet company in India with more than 230 million customers, has reportedly shared the personal data of users...
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1.4KSecurity & FraudSouth Africans The Subject Of Another Data Leak
South Africa, following a massive breach in October 2017, suffered another attack, with the personal records of 934,000 South Africans being leaked....
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2.3KPartnerships / AcquisitionsTransUnion Buys iovation To Beef Up Its Fraud Identity Services
TransUnion inked a deal late last week to acquire iovation, the provider of device-based information, for an undisclosed sum. In a press...
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2.5KSecurity & Fraud
FCC Looks Into Reports Of Illegal Mobile Phone Tracking
The Federal Communications Commission (FCC) announced late last week that it is investigating reports that websites may have enabled the location of...
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3.0KSecurity & FraudDHS Announces Strategy To Manage Cybersecurity Risks
U.S. Department of Homeland Security (DHS) announced Tuesday (May 15) a new strategy to identify and manage national cybersecurity risk. In a press...
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3.7KSecurity & FraudIndia Brings Charges In Punjab National Bank Fraud Case
The Central Bureau of Investigation (CBI), India’s main investigative agency in the country, has filed charges in the Punjab National Bank fraud...
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2.8KSecurity & FraudFive Or More Mexican Banks Suffer Unauthorized Transfers
Lorenza Martinez, head of Banxico’s payment system, said late last week that five or more Mexican financial groups saw “unauthorized transfers” during the...
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1.6KToday In DataFinding Value While Fending Off Threats
For years, it seemed every payments prestidigitator was predicting an imminent mobile disruption. After a run of false starts, the digital revolution is...
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2.0KEarningsSymantec Discloses Investigation That Could Impact Results
Symantec warned Thursday (May 10) that its financial results and earnings targets could be altered depending on the outcome of an internal investigation...
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3.2KB2B PaymentsTokenization Sets B2B Payments On A Path To Security, Speed
Payments security is an increasingly critical component for businesses on both sides of a B2B transaction today. WEX’s Payments Pulse Data report...
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1.5KBitcoinXapo Is Storing About $10B In Bitcoin For The Wealthy
Xapo, the startup that stores bitcoin purchases for millionaires and billionaires in underground vaults, is housing around $10 billion worth of the digital...
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1.9KB2B PaymentsCorporate Fraud On Levels Grand And Small, While Internet Crime Costs $1.4B
Phishing, whaling and the tried-and-true methods of stealing money from companies via internal pilfering all made headlines this week. The FBI gave...
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1.6KSecurity & Fraud
Equifax Gives Congress More Breach Data Information
Equifax, the embattled credit scoring company that was the subject of a massive data breach last fall, provided several congressional committees in...
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1.7KSecurity & FraudThousands Of Customers Using Flawed Software That Led To Equifax Breach
Despite the Equifax breach that exposed the personal data of more than 145 million Americans, Fortune is reporting that thousands of companies...
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2.7KBankingWells Fargo Launches New Marketing Campaign Aimed At Rebuilding Trust
Wells Fargo announced Monday (May 7) that it has launched a new marketing campaign, dubbed “Re-Established,” which focuses on its commitment to rebuilding...
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2.5KLegalWells Fargo Settles Sales Scandal Lawsuit; To Pay $480M
Wells Fargo announced late last week that it has agreed to pay $480 million to settle a securities fraud class-action suit. In a press...
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2.9KBankingWells Fargo Beefing Up Investment Banking Unit With New Hires
Wells Fargo’s investment bank unit is in hiring mode, reportedly gearing up to hire hundreds of new employees — including around twenty...
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3.9KLegalRipple Gets Hit With Lawsuit Over XRP Tokens
Ripple Labs, the cryptocurrency startup behind the XRP tokens, is being accused in a new lawsuit of running a scam to raise...
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1.2KFacebookFacebook Fires An Engineer For Boasting About His Data Access
Facebook, reeling from a data scandal with Cambridge Analytica, fired an employee Thursday (May 3) for boasting that he can access the...
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2.2KSecurity & FraudKaspersky Lab Sees Rise In Botnet Activity
Kaspersky Lab saw an increase in activity by both old and new botnets as well an increase in popularity of amplification distributed-denial-of-service (DDoS)...
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2.5KSecurity & FraudUber Updates ‘Bug Bounty’ Payments Policy
Uber is changing its policy on bug bounties, payments to people who expose data security problems, Reuters reported on Thursday (April 26)....
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2.4KSecurity & Fraud
Equifax’s Data Breach Has Cost It $242.7M
Equifax, the embattled credit scoring company that is still reeling from last fall’s massive data breach that exposed information on more than...
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2.9KLegalLendingClub Gets Sued By The FTC; Stock Hits Record Low
LendingClub, the online lender that was once a favorite of Wall Street investors, saw its stock hit a record low on Wednesday...
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2.5KFraud PreventionCredit Karma Will Now Scan The Dark Web For Customers
Credit Karma, the company that provides consumers with their credit score and a free identity monitoring tool for users, is expanding its...
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3.3KBank RegulationWells Fargo Needs An Extension To Meet OCC Consent Order
Wells Fargo, the embattled bank, is gearing up to ask the Office of the Comptroller of the Currency for an extension to...
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3.4KDeliveryUber Eats In Australia Under Scrutiny From Competition Watchdog
Rod Sims, the head of the Australian Competition and Consumer Commission, said Monday (April 23) that he would look at contracts Uber has...
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1.8KFacebookProfessor That Gathered Facebook Data For Cambridge Analytica Is Sorry
Aleksandr Kogan, the professor who collected information on millions of Facebook users for Cambridge Analytica, doesn’t think he did anything wrong but...
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7.1KInternationalAustralia’s Government Facing More Pressure For Lack of Banking Oversight
The government of Australia is facing new pressure this weekend over its initial desire not to launch an inquiry into the banking...
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2.3KSecurity & FraudWells Fargo About To Be Slapped With $1B Fine From CFPB, OCC
Wells Fargo, the embattled national bank, could be slapped with a $1 billion fine as soon as Friday (April 20), reported CNN...
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345Security & FraudRadar 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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3.0KSecurity & FraudSocial 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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3.8KSafety and SecurityTaskRabbit 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...
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3.5KFacebookNetflix’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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626Facebook
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...
