Cybersecurity

Cybersecurity
FinCEN Data Shows Increase in Identity-Related Filings, Stressing Importance of KYC Programs
March 30, 2022

The Financial Crimes Enforcement Network (FinCEN) published Monday (March 28) its Suspicious Activity Report (SAR) data for 2021. 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...

Cybersecurity
‘Axie Infinity’ Game Hacked for $540M in Crypto
March 29, 2022

Sky Mavis, a crypto startup operating the popular “Axie Infinity” game, said hackers had stolen over $600 million worth in cryptocurrency, The Wall Street Journal reported Tuesday (March 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cybersecurity
UK Ransomware Attacks Up 100% in 2021
March 28, 2022

Ransomware attacks reported to the Information Commissioner’s Office (ICO) in the U.K. doubled last year to 654 from 326 in 2020, according to a report Monday (March 28) from the international law firm RPC based on data from the ICO. Get the Full Story Complete...

Cybersecurity
Hackers Target Hotels, Exploit Weak COVID-19 Contact Tracing Safeguards
March 28, 2022

Many travelers left something behind at the last hotel they visited — and it wasn’t a shirt or shoes. 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...

Cybersecurity
EU to Boost Cybersecurity Rules as Risk of Cyberattacks Looms
March 28, 2022

The European Union is proposing new rules to establish common cybersecurity and information security measures across EU institutions and to reinforce the EU Agency for Cybersecurity.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cybersecurity
Collaboration, Education and Payments Orchestration Key in the Battle Against Fraud
March 28, 2022

March 2020 changed how firms look at security and compliance. 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...

Cybersecurity
FCC Adds Russian Cybersecurity Company Kaspersky Lab to List of National Security Risks
March 27, 2022

The U.S. Federal Communications Commission has added Kaspersky Lab, a Russian cybersecurity company, to the list of companies posing an “unacceptable” risk to U.S. national security, a report says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cybersecurity
Cybercriminal Sentenced to 66 Months for Online Fraud
March 25, 2022

An Estonian man on Friday (March 25) was sentenced to 66 months in prison for his role in a years-long scheme that included computer hacking, moving stolen goods and money and using stolen financial account information to make money, according to a U.S. Justice Department...

Cybersecurity
Lebanon Central Bank Chief, Nevada Man Charged in Separate Money Laundering Crimes
March 25, 2022

Lebanon’s central bank chief was charged with illicit enrichment and money laundering by Lebanese Judge Ghada Aoun, while a Nevada man pleaded guilty to laundering funds solicited for BitClub Network, according to reports. Get the Full Story Complete the form to unlock this article and...