security & fraud

Banks As The Keeper Of Consumer Digital IDs?

Banks As The Keeper Of Consumer Digital IDs?
Banks As The Keeper Of Consumer Digital IDs?
January 28, 2019  |  Authentication

You can’t have trust without some type of trusted authority, and any type of authority is fragile without a reasonable level of trust. Those ancient...

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Twitter Data Breach Prompts GDPR Investigation
Twitter Data Breach Prompts GDPR Investigation
January 25, 2019  |  Cybersecurity

The Irish Data Protection Commissioner (DPC) is Twitter’s lead regulator in the European Union. On Friday (Jan. 25), the DPC said it was again looking...

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Fraud Makes Headway Via ‘Payroll Diversion’
Fraud Makes Headway Via ‘Payroll Diversion’
January 25, 2019  |  B2B Payments

Corporate fraud – from within the company, and from without – continues to make headlines and headway, with the past week having seen some revisits...

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Advocacy Groups Call On FTC To Break Up Facebook
Advocacy Groups Call On FTC To Break Up Facebook
January 24, 2019  |  Facebook / Meta

Facebook is facing breakup calls from a handful of advocacy groups that want the Federal Trade Commission to explore breaking up the social media giant....

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Fed To Investigate Deutsche Bank’s Role In Danske Bank Scandal
Fed To Investigate Deutsche Bank’s Role In Danske Bank Scandal
January 23, 2019  |  Bank Regulation

Deutsche Bank’s handling of billions of dollars in suspicious transactions from Danske Bank’s Estonian branch is raising the ire of the Federal Reserve, which is...

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Hackers Steal Discount Vouchers From Pinduoduo
Hackers Steal Discount Vouchers From Pinduoduo
January 21, 2019  |  Cybersecurity

Pinduoduo, the Chinese Nasdaq-listed Internet marketplace that lets consumers get discounts from merchants, announced Sunday (January 20) that an online collective stole tens of millions...

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Symantec Spots Attacks On West African Financial Institutions
Symantec Spots Attacks On West African Financial Institutions
January 17, 2019  |  Cybersecurity

Hackers are targeting financial firms in the Ivory Coast, Cameroon, Congo, Ghana and Equatorial Guinea, using commodity malware and living off the land tools, reported...

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Signet Jewelers To Pay $11M After Creating Fake Accounts
Signet Jewelers To Pay $11M After Creating Fake Accounts
January 17, 2019  |  Retail

According to a settlement that was signed with a wholly owned subsidiary, Signet Jewelers Ltd. is to pay federal and state regulators penalties of $11 million for...

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