security & fraud

FinCEN Warns Of COVID Scams Targeting FIs, Consumers
FinCEN Warns Of COVID Scams Targeting FIs, Consumers
August 02, 2020  |  Security & Fraud

The Financial Crimes Enforcement Network (FinCEN) issued a press release warning financial institutions (FIs) and consumers about pandemic-related scams, including some connected to cryptocurrency. Get...

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The Latest Digital Fraud Prevention Technique: Build A Selective Lock
The Latest Digital Fraud Prevention Technique: Build A Selective Lock
July 29, 2020  |  Security & Fraud

When one stops to consider how fast merchants pivoted to offer their consumers digitally-enriched shopping journeys and how many things customers can do now that...

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Instacart Denies Reported Data Breach Affecting 280K Users
Instacart Denies Reported Data Breach Affecting 280K Users
July 24, 2020  |  Security & Fraud

Hundreds of thousands of Instacart customers are having their personal data sold on the dark web, including the last four digits of their credit cards,...

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Feds Eye Payments Processors, Phony Websites Over Fraud
Feds Eye Payments Processors, Phony Websites Over Fraud
July 22, 2020  |  Security & Fraud

The U.S. Department of Justice (DOJ) and the Federal Trade Commission (FTC) are cracking down on scams known as credit card laundering or transaction laundering,...

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Why Traditional Fraud Methods Failed To Stop Public-Payout Systems Fraud
Why Traditional Fraud Methods Failed To Stop Public-Payout Systems Fraud
July 21, 2020  |  Security & Fraud

Some recently unemployed Americans who have attempted to file for jobless benefits are encountering a nasty shock: They’ve been robbed by canaries. Get the Full...

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Twitter Hackers Took Personal Data From Celebrity Accounts
Twitter Hackers Took Personal Data From Celebrity Accounts
July 19, 2020  |  Security & Fraud

Twitter has provided a glimpse into its investigation of last week’s security breach, the worst in its 14-year history, as hackers commandeered more than 100...

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Ransomware Attack On Orange Accessed 20 Enterprise Customers’ Data
Ransomware Attack On Orange Accessed 20 Enterprise Customers’ Data
July 19, 2020  |  B2B Payments

France-based telecom company Orange reported that a ransomware attack had compromised the data of 20 enterprise customers on one of its servers, according to news...

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Wirecard Exec Admits Role In German Company’s Collapse, Attorney Says
Wirecard Exec Admits Role In German Company’s Collapse, Attorney Says
July 16, 2020  |  Security & Fraud

One of the unnamed jailed executives in the Wirecard scandal has reportedly admitted guilt to the multi-billion-dollar fraud and money laundering case, according to Reuters....

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BaFin Downplayed Wirecard Complaints, Report Says
BaFin Downplayed Wirecard Complaints, Report Says
July 16, 2020  |  Security & Fraud

German market watchdog Federal Financial Supervisory Authority, or BaFin, has come under fire for its actions in the Wirecard scandal, as the regulator reportedly failed...

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