Cybersecurity

Cybersecurity
Binance Adds Intermediate Verification To KYC For Added Security 
August 20, 2021

Cryptocurrency exchange platform Binance is integrating an intermediate verification stipulation for all users, adding to the startup’s know your customer (KYC) and anti-money laundering (AML) protocols. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Fraud Prevention
M&T Bank Says Blanket Approach To Security Smothers Customer Experience
August 19, 2021

March 2020 marked a watershed moment for digital banking. It marked the mass acceleration away from branches and onto banking sites and apps, with more consumers banking digitally than ever. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cybersecurity
Bank Customers Are More Trusting When FIs Use ‘Zero Data’ Approach
August 19, 2021

Whether it’s consumers getting comfortable with a new payments experience or a large financial institution (FI) getting comfortable sharing data with FinTechs, there’s one constant that needs to be in place to make it all happen; trusted infrastructure. Get the Full Story Complete the form...

Fraud Prevention
Valve Squashes Steam Bug That Could Fill Gamers’ Wallets
August 18, 2021

Video game developer Valve plugged a security bug that could have been used by gamers to fill their Steam wallets with unlimited funds, ThreatPost and other media outlets reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cybersecurity
T-Mobile Offers Free ID Protection After Breach Exposed Data Of 40M+
August 18, 2021

T-Mobile confirmed that hackers stole sensitive data on more than 40 million customers, and is now offering McAfee identity protection services at no charge for two years, according to a Tuesday (Aug. 17) T-Mobile press release and media outlets. Get the Full Story Complete the...

Cybersecurity
SEC Fines Pearson $1M For Misleading Investors About Data Breach
August 16, 2021

Pearson, which is a London-based company working on educational publishing, has agreed to pay $1 million on charges that it misled investors about a 2018 cyber intrusion involving the thefts of millions of student records, according to a press release from the Securities and Exchange...

Cybersecurity
T-Mobile Says It’s Working To Address Cybersecurity Incident
August 16, 2021

T-Mobile data may have been accessed illegally, the company announced in a Monday (Aug. 16) press release, noting it is “working around the clock” to investigate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cybersecurity
Hackers Reportedly Selling Data On 100M T-Mobile Users
August 16, 2021

T-Mobile is investigating claims that sensitive information from 100 million users is being sold on the dark web, Motherboard reported, citing contact with the seller and having seen data samples.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cybersecurity
UK High Court Tells Binance To ID Crypto Hackers
August 13, 2021

Cryptocurrency exchange Binance must identify hackers and freeze their accounts after one of the company’s users said it was the victim of a hack worth $2.6 million, under the terms of a High Court of London order, per Friday (August 13) reports. Get the Full...