Security

Computer security, also known as cybersecurity or IT security, refers to the security of computing devices such as computers and smartphones, as well as computer networks such as private and public networks, and the Internet.

Source: en.wikipedia.org

S Korea Arrests 3 in $3.4B Crypto Trading Scheme
S Korea Arrests 3 in $3.4B Crypto Trading Scheme
August 11, 2022  |  Cryptocurrency

Prosecutors in South Korea have arrested three people in an investigation into $3.4 billion in foreign exchange transactions that could be tied to illegal cryptocurrency...

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Millions Drained in Solana Wallet Hack
Millions Drained in Solana Wallet Hack
August 03, 2022  |  Security & Fraud

Security firms are scrambling to assess total losses after hackers hit thousands of Solana wallets and drained millions in assets in an attack that started...

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Hackers Force a $4B Question: Can DeFi Ever Be Safe?
Hackers Force a $4B Question: Can DeFi Ever Be Safe?
July 28, 2022  |  Cryptocurrency

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Banks Pilot Information-Sharing Projects to Reduce Fraud
Banks Pilot Information-Sharing Projects to Reduce Fraud
July 25, 2022  |  Cybersecurity

Financial institutions (FIs) in several countries have begun to launch information-sharing platforms in an effort to better spot fraud and money laundering. Get the Full...

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FinTechs Seek Fraud Guarantees on Incoming Deposits to Attract, Retain Customers
FinTechs Seek Fraud Guarantees on Incoming Deposits to Attract, Retain Customers
July 20, 2022  |  Security & Fraud

For banks and for the FinTechs, the first moments of engagement are among the most critical. Get the Full Story Complete the form to unlock...

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Competitors Become Collaborators in Fight Against Financial Crime
Competitors Become Collaborators in Fight Against Financial Crime
July 20, 2022  |  Security & Fraud

In financial services, the greater the surface area, the greater the chance the fraudsters will strike — and be successful. Get the Full Story Complete...

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FIs Need Collaboration AND Technology to Win AML War
FIs Need Collaboration AND Technology to Win AML War
July 19, 2022  |  AML

Popular images of international crime fighting are usually replete with bank heists, gun fights, drug smuggling, and undercover agents in dark suits and shades. Get...

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Grocers, Restaurants Boost Security to Confront Rising Crime
Grocers, Restaurants Boost Security to Confront Rising Crime
July 17, 2022  |  Retail

With rising crime rates, restaurants and grocery stores are revising their operations, including making changes to store hours and spending more on security. Get the...

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Money Transfer Firm Ping Express Admits to AML Violations
Money Transfer Firm Ping Express Admits to AML Violations
July 15, 2022  |  AML

A Texas money transfer company has pleaded guilty to federal charges that it failed to adequately maintain an anti-money laundering (AML) program, letting $167 million...

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