security & fraud

TCF Sued By CFPB Over Overdraft Fees

TCF Sued By CFPB Over Overdraft Fees
TCF Sued By CFPB Over Overdraft Fees
January 20, 2017  |  Cybersecurity

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  |  Cybersecurity

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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FTC Lodges Charges Against Credit Bureau Center For Fake Rentals
FTC Lodges Charges Against Credit Bureau Center For Fake Rentals
January 19, 2017  |  Cybersecurity

The Federal Trade Commission on Wednesday (Jan. 18) lodged charges against Credit Bureau Center and three individuals for allegedly tricking consumers into signing up for...

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Card-Not-Present Fraud Picking Up In US
Card-Not-Present Fraud Picking Up In US
January 18, 2017  |  Cybersecurity

Card-not-present (CNP) fraud is increasing as cyber thieves are showing they are quite able to use both technology and stolen payment card data to defraud...

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FTC Fines Two Telemarketing Companies For Making Robocalls
FTC Fines Two Telemarketing Companies For Making Robocalls
January 16, 2017  |  Legal & Regulation

The FTC is cracking down on robocall telemarketing businesses, announcing last week it cracked down on two such companies that have been making robocalls to...

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WhatsApp Denies Security Encryption Issue
WhatsApp Denies Security Encryption Issue
January 16, 2017  |  Cybersecurity

WhatsApp may not be as secure as thought after a security issue in the messaging app has been identified that enables messages sent via encryption...

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Spora, Newly Discovered Ransomware, Causing Problems
Spora, Newly Discovered Ransomware, Causing Problems
January 13, 2017  |  Cybersecurity

A new ransomware variant dubbed Spora was recently spotted and, because of its advanced features, can cause problems for the solutions that are designed to...

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Amazon Web Services Acquired Harvest.ai To Protect Cloud Offering
Amazon Web Services Acquired Harvest.ai To Protect Cloud Offering
January 10, 2017  |  Partnerships

Amazon Web Services (AWS) has reportedly acquired Harvest.ai, a cybersecurity startup based in San Diego. Get the Full Story Complete the form to unlock this...

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