Security & Fraud

Security & Fraud
RSA: Biometrics Are The Sweet Spot Between Convenience And Security
July 12, 2017

Teach a man to phish and he’ll launch a phishing attempt every 30 seconds for the rest of his life. So what can businesses do to keep customers from biting, yet still provide a convenient platform for them to conduct digital payments and financial services?...

Security & Fraud
Australian Inboxes Hit With Fake ASIC Malware
July 11, 2017

If you live Down Under, you might want to stick to the old-fashioned kind of surfing and avoid the web today. Not for the first time — not even for the first time this year ­— cybercriminals have posed as the Australian Securities and Investments Commission (ASIC),...

Security & Fraud
Trump Says He Discussed Cybersecurity With Putin
July 10, 2017

Over the weekend, U.S. President Donald Trump revealed on Twitter that he and Russian President Vladimir Putin have discussed the possibility of the two countries creating a cybersecurity unit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
Experts Say NotPetya Cyberattack Came From Russia
July 07, 2017

Experts are saying that the complexity and scale of the latest global cyberattack point to a hostile government, not a criminal group, as the originator of the attack. And many of them have an educated guess about who it was: Russia. Get the Full Story...

Security & Fraud
Reckitt Benckiser Says Petya Attack Will Cost It
July 07, 2017

Reckitt Benckiser Group Plc, the consumer goods company, said Thursday (July 6) the Petya cyberattack in June is likely to cost it 2 percent of sales in the second quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
CopyCat Malware Strikes 14M Androids
July 07, 2017

In cybersecurity news, as many as 14 million Google Android devices were hit with malicious ransomware that, as part of a widespread campaign, has been dubbed CopyCat, Fortune Magazine reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
Poorer Nations Are Teaching Their Richer Counterparts About Cybersecurity
July 06, 2017

A new United Nations (U.N.) survey on cybersecurity found Singapore is taking a close to perfect approach at the same time that rich countries have a lot of gaps in their security defenses when it comes to defending against cyberattacks. Get the Full Story Complete...

Security & Fraud
Cyber Stress Tests Loom For U.K. Insurers
July 06, 2017

The Prudential Regulation Authority (PRA), the financial regulator overseeing the United Kingdom, has directed insurers to conduct “stress tests” tied to cyber attacks, the Financial Times reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Security & Fraud
Bithumb Bitcoin Exchange Hacked; 30,000 Customers’ Data Compromised
July 06, 2017

In international cybersecurity news this week, Bithumb, the South Korean bitcoin exchange, has been hacked, with the bad guys compromising the data of 30,000 customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...