The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has helped recover more than $1.1 billion over the last seven years for the victims of financial crimes, the agency said in a statement Friday (Feb. 11). Get the Full Story Complete the form to unlock...
An estimated 500 eCommerce websites were infiltrated by MageCart attackers, who seemingly installed credit digital card skimmers to lift users’ personal data, including card numbers, email addresses, phone numbers and more. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
These days, banks, businesses, government entities and individuals are at constant risk of digital fraud. Its volume and costs continue to expand, even as more oversight agencies are formed and security and risk management teams enact rules designed to prevent it. Get the Full Story...
Welcome to PYMNTS’ series on crypto crime. In it, we’ll be looking at the crimes that have not only been committed in the cryptocurrency industry but have defined it — especially bitcoin — in many people’s minds. Get the Full Story Complete the form to...
Ransomware activity related to cryptocurrency is most often associated with the release of malware that encrypts a victim’s information — usually a major corporation — demanding money in exchange for the release of the proprietary data. Get the Full Story Complete the form to unlock...
Seven out of every 10 people in a survey of more than 2,000 adults across the U.K. have experienced potential rip-offs online, according to new Competition and Markets Authority (CMA) research, which also notes 85% of survey respondents believed businesses were being dishonest with customers....
Meta is trying to stop fake luxury goods from circulating on its platforms, including big names from Gucci to Chanel, Reuters writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The security of backed-up and stored data is among the chief concerns of financial firms around the country, according to a recent survey of 200 financial organizations in 45 countries conducted by data storage firm Continuity. Get the Full Story Complete the form to unlock...
Online romance scams happen all year round, but with Valentine’s Day less than a week away, even the smartest people looking for love could get swept up into the digital arms of today’s modern Don Juan and gold-digging opportunists. Get the Full Story Complete the...
