Security & Fraud

Security & Fraud
Equifax’s Data Breach Has Cost It $242.7M
April 26, 2018

Equifax, the embattled credit scoring company that is still reeling from last fall’s massive data breach that exposed information on more than 145 million people, has spent $242.7 million dollars on the breach. Get the Full Story Complete the form to unlock this article and...

Security & Fraud
Cyberattacker Shut Down In Global Police Action
April 25, 2018

Authorities shuttered one of the largest cyberattack organizations in the world yesterday, making arrests in four countries and seizing assets and infrastructure in three others, the Associated Press reported. Europol, a joint European police agency, said it shut down webstresser.org, calling it the largest source...

Security & Fraud
Socure’s Names Tom Thimot New CEO As Sunil Madhu Becomes New CSO
April 25, 2018

Socure, the provider of predictive analytics for digital identity verification, announced Wednesday (April 25)  that it names Tom Thimot Chief Executive Officer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Security & Fraud
SEC Fines Altaba $35M For Yahoo Data Breach
April 24, 2018

The Securities and Exchange Commission (SEC) announced news on Tuesday (April 24) that Altaba, the entity formerly known as Yahoo, has agreed to pay a $35 million penalty to settle charges related to the massive data breach at Yahoo that exposed the personal data of hundreds...

Security & Fraud
Match.com Glitch Resurrects Old Profiles
April 24, 2018

Many former Match.com users are worried about the site’s data security after their old accounts were accidentally reactivated. A spokesperson for Match Group, which also owns dating apps OkCupid, PlentyofFish and Tinder, confirmed to The Verge that a “limited number” of old accounts had been...

Security & Fraud
FIDO’s Roadmap To eCommerce’s ‘Holy Grail’
April 24, 2018

Is it time to mark the passing of the password? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...

Security & Fraud
Anatomy Of An ATO: How To Spot A Fraudster
April 24, 2018

With the advent of technology and the prevalence of online shopping, the term eCommerce fraud has become more general and more vague. Under it, there are numerous types of categories and attacks. Of these, none are more insidious than Account Takeover, aka ATO. It’s more...

Security & Fraud
Zelle’s Growing Pains With Fraud
April 23, 2018

While Zelle’s business is booming, many people are reporting that hackers have used it to clean out their bank accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Security & Fraud
Half Of UK Factories Admit To Being Hit With Cyber Attack
April 23, 2018

A new survey has found that 48 percent of U.K. factories have been hit by a cyberattack. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...