Security & Fraud

Security & Fraud
Deutsche Telekom Denies Major Data Breach
June 28, 2016

Account passwords for German telecommunications company Deutsche Telekom are for sale on the dark web, but the company said on Monday (June 25) that it has not been the victim of a cyber attack. Get the Full Story Complete the form to unlock this article...

Security & Fraud
Is Encryption Really Working?
June 28, 2016

Financial services is big on encryption. With its stringent regulations, highly sensitive data and cybercriminals looking for a vulnerability to expose, it’s no surprise. But is it reducing the amount of data is compromised? A new study from Ponemon/Thales e-Security looks at the implications of...

Security & Fraud
Keeping Up With (The) Fraudsters
June 28, 2016

When you run a platform that lets 80K users buy stocks online for as little as $5 a pop, you better know who’s on each end of that trade. Authenticating those consumers is critical, StashInvest co-founder and president Brandon Krieg told PYMNTS, to staying in...

Security & Fraud
Why Breach-Related Injury Is Hard For Consumers To Prove
June 27, 2016

Do hacked retailers owe consumers compensation when their credit card data is hack? Such is the question increasingly emerging as more and more customer data is going up on the block via various hacks, though thus far the answer has mostly been “no.” Get the...

Making The (High) Risk Worth The Reward
June 27, 2016

Reducing bank risk is, well, a risky business. Complex and costly – at least that’s the perception. 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...

Security & Fraud
Celebrity Payment Data Hacker Charged
June 27, 2016

The U.S. filed criminal charges against a man accused of hacking into the bank and credit card accounts of celebrities from February 2012 to January 2015. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
Jack Ma Swears He Didn’t Really Mean Knockoffs Were Better
June 24, 2016

Usually, successful companies will retain the services of a public relations firm to deal with the fallout of a product recall or some negative news coverage. Last week, though, Alibaba found out that, sometimes, what’s in need of damage control is your own CEO. Get...

Security & Fraud
POS Malware Is An Industry Unto Itself
June 24, 2016

There’s a common misconception about data thieves that because their chosen methods are perceived to be high-tech, their behaviors will always be similarly sophisticated as well. However, much like breaking and entering in the real world, hackers are always going to take the path of...

Security & Fraud
How SecurityScorecard Is Like The Google Of Cybersecurity
June 24, 2016

Cloud cybersecurity provider SecurityScorecard announced on Thursday (June 23) that it locked down $20 million in Series B funding. The financing round was led by GV (formerly Google Ventures) with participation from existing investors, the company said in a statement. Get the Full Story Complete...