Amid the cryptocurrency surges, the wallets coupled and decoupled — in short, the digital revolution in financial services — it seems that the fraudsters would go all-in on high-tech schemes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
As tension on the ground between Russia and the Ukraine intensifies, the European Central Bank (ECB) has warned financial institutions (FIs) of a possible Soviet cyberattack, sources told Reuters Wednesday (Feb. 9) Get the Full Story Complete the form to unlock this article and enjoy...
Microsoft is in talks to buy Mandiant, a cybersecurity research and incident response firm, which would boost its efforts to protect users from hacks, Bloomberg reported Tuesday (Feb. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
In what has been called the largest financial seizure in history, a New York couple was arrested in Manhattan for an alleged conspiracy to launder $4.5 billion in stolen cryptocurrency, the U.S. Department of Justice (DOJ) announced Tuesday (Feb. 8). Get the Full Story Complete...
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Home Depot worker Adrian Jean Pineda was nabbed by the Secret Service in Tempe, Arizona for allegedly stealing $387,500 in cash by replacing the real money with movie prop bills he ordered on Amazon. Get the Full Story Complete the form to unlock this article...
Google Cloud on Monday (Feb. 7) expanded its security platform to include detection for cryptocurrency mining in virtual machines, Google Cloud executive Sunil Potti told VentureBeat. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Compared to other financial industries, the cryptocurrency market is disproportionately subject to fraud, with a net fraud rate of 7.4% last year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Security platform nsKnox on Monday (Feb. 7) introduced Bank Account Certificate, calling it a “fraud-proof approach to sharing and validating banking details.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
