security & fraud

Visa Finds Counterfeit Fraud Is Down 52 Percent Since First Full Year Of Chip Cards
Visa Finds Counterfeit Fraud Is Down 52 Percent Since First Full Year Of Chip Cards
January 27, 2017  |  Security & Fraud

The start of 2017 marked the first full year since the U.S. started moving to EMV chip cards, and Visa found that, since then, counterfeit...

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Wells Fargo Tipped Off Before Inspections
Wells Fargo Tipped Off Before Inspections
January 25, 2017  |  Security & Fraud

Wells Fargo’s fake account scandal was able to go on for so long partly because bank branches were given notification ahead of visits from Wells...

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IBM Security Buys Agile 3 To Help C-Level Executives Better Understand Cyberthreats
IBM Security Buys Agile 3 To Help C-Level Executives Better Understand Cyberthreats
January 24, 2017  |  Partnerships / Acquisitions

IBM Security announced Monday (Jan. 23) it is acquiring Agile 3 Solutions, a developer of software used by the C-suite and senior executives to better...

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Lloyds The Victim Of Denial-Of-Service Attack Two Weeks Ago
Lloyds The Victim Of Denial-Of-Service Attack Two Weeks Ago
January 24, 2017  |  Security & Fraud

Lloyds Banking Group was reportedly the victim of a cyberattack two weeks ago that hurt online services. Get the Full Story Complete the form to...

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Meitu Selfie App May Compromise Users’ Security
Meitu Selfie App May Compromise Users’ Security
January 23, 2017  |  Security & Fraud

Meitu’s selfie app is growing in popularity in the U.S., but the app asks for a lot of information that could put users’ security at...

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US Data Breaches Reach All-Time High Last Year
US Data Breaches Reach All-Time High Last Year
January 23, 2017  |  Security & Fraud

Data breaches in the U.S. reached an all-time high in 2016, with the number of breaches tracked reaching 1,093, a 40 percent increase from the...

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Western Union To Pay $586M To Settle With DoJ
Western Union To Pay $586M To Settle With DoJ
January 20, 2017  |  Security & Fraud

The world’s largest money transfer company, Western Union, has agreed to pay a $586 million to settle charges that its anti-money-laundering controls were too lack,...

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TCF Sued By CFPB Over Overdraft Fees
TCF Sued By CFPB Over Overdraft Fees
January 20, 2017  |  Security & Fraud

TCF National Bank is getting sued by the Consumer Financial Protection Bureau (CFPB), which contends that the bank tricked consumers into overdraft services that were...

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State Street Settles Secret Commission Charges, Pays $64.6M
State Street Settles Secret Commission Charges, Pays $64.6M
January 19, 2017  |  Security & Fraud

State Street, the investment firm, has settled with U.S. investigators, agreeing to pay $64.6 million on claims it defrauded clients via secret commissions on trades....

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