According to digital records, a prominent member of Elon Musk’s Department of Government Efficiency (DOGE) team has links to an alleged cybercrime organization. A Wednesday (March 26) Reuters report alleges that Edward Coristine, a 19-year-old who goes by the alias “bigballs” online, provided security support to a...
The payments landscape is more sophisticated than ever, but so are fraudsters. With financial institutions (FIs) deploying artificial intelligence (AI), machine learning (ML) and other cutting-edge technologies to secure transactions, cybercriminals are increasingly finding that the easiest way in is through the weakest link: people....
Cyber Monday is the ultimate digital shopping event. But this year, the stakes are higher than ever — and it is all due to artificial intelligence (AI). While 2024’s online holiday sales have already surged north of $10 billion, there’s a different, more nefarious surge...
The recent arrest of Telegram’s CEO has put the platform’s criminal connections in the spotlight. The messaging app has become the “premiere” platform for people seeking weapons, stolen data, illegal drugs and child sexual abuse material, the Wall Street Journal reported Sunday (Sept. 8), citing...
March 10, 2025
The payments landscape is more sophisticated than ever, but so are fraudsters. With financial institutions (FIs) deploying artificial intelligence (AI), machine learning (ML) and other cutting-edge technologies to secure transactions, cybercriminals are increasingly finding that the easiest way in is through the weakest link: people. A new Fraud and Financial Crimes report from PYMNTS Intelligence reveals that, […]
April 09, 2020
Building a secure customer journey is always a bit of a balancing act. It has to be secure first and foremost, particularly when payments data is on the line. But...
July 05, 2019
It can be difficult these days to remember the almost idyllic promise of social media when it first entered the general consumer consciousness. That’s not to tempt one into nostalgia,...
April 24, 2019
The news out of Chipotle feels a bit like déjà vu, as it’s a story we’ve all heard before. Reports have appeared all over social media, particularly via Reddit and...
September 27, 2026
Illegal access to artificial intelligence models has reportedly become a key commodity for cybercriminals. That’s according to a report Sunday (Sept. 27) by the Financial Times (FT), which said this trend is happening as hackers look to employ expensive large language models (LLMs) for extortion, warfare and espionage. John Hultquist, chief analyst for Google Threat […]
March 26, 2025
According to digital records, a prominent member of Elon Musk’s Department of Government Efficiency (DOGE) team has links to an alleged cybercrime organization. A Wednesday (March 26) Reuters report alleges that Edward...
September 08, 2024
The recent arrest of Telegram’s CEO has put the platform’s criminal connections in the spotlight. The messaging app has become the “premiere” platform for people seeking weapons, stolen data, illegal...
June 02, 2024
Thailand is reportedly investigating $27.2 million that an alleged hacker funneled into the country. Wang YunHe and other co-conspirators had purchased properties and shares of several companies, Bloomberg News reported...