Security & Fraud

Security & Fraud
Security Concerns Prompt Fed To Strengthen Big Tech Oversight
November 22, 2019

Ongoing security concerns have prompted the Federal Reserve to further scrutinize big tech firms that serve the banking industry, The Wall Street Journal (WSJ) reported on Thursday (Nov. 21), citing a senior official. Get the Full Story Complete the form to unlock this article and...

Security & Fraud
Moving Issuers — And Auth Rates — Past Fraud Prevention To Revenue Protection
November 22, 2019

Fraud is hardly a new phenomenon in retail — in fact, it is probably safe to assume that fraud in some form or other has been there since the beginning. The minute the first shop opened for business, some fraudster likely got the idea to...

Security & Fraud
Kicking Fraudsters Out Of Online Games
November 22, 2019

It’s been said cybercriminals look for the path of least resistance when they target businesses or online marketplaces to steal data or money. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
FCC Calls For ‘Comprehensive Effort’ In US 5G Security
November 21, 2019

The U.S. doesn’t have a comprehensive strategy for 5G security, according to Jessica Rosenworcel, one of five Federal Communications Commission (FCC) commissioners. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Security & Fraud
Even Steel Bars Can’t Keep Internet Scams In Check
November 21, 2019

Internet scammers, by nature, are a resourceful lot. 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 form, you...

Security & Fraud
Australia’s Westpac Nailed For 23M AML Violations 
November 20, 2019

Aussie banking giant Westpac was accused of violating anti-money laundering (AML) laws 23 million times, Reuters reported on Tuesday (Nov. 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Security & Fraud
Indian Official Says Law Allows Government To Pry
November 19, 2019

The government of India has the legal right to monitor and decrypt digital information on citizens’ devices, TechCrunch reported Tuesday (Nov. 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Security & Fraud
Hackers Selling Thousands Of Disney+ Accounts Online
November 18, 2019

Security researchers have discovered that thousands of Disney+ accounts have been hacked and are for sale on the Dark Web. 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
Interpol Cracks Down On Encryption As Safety Net For Child Predators
November 17, 2019

Interpol is coming out against strong encryption, saying it protects child sex predators. 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....