Long before alarm bells sounded at Wirecard AG, the now-insolvent German payments processing company, there were red flags. 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...
Hackers boasting that they have “cracked” some of the hashed passwords stolen from digital banking aggregator Dave may be one of the most disturbing elements to emerge from the cyberheist that exposed the private information of millions of users, a top expert notes. Get the...
Consumers want a speedy, Amazon-like experience when creating accounts with their banks, but keeping fraudsters from slipping in among genuine users can be a challenge. In the FI Fraud Decisioning Playbook, John Kelly, chief administrative officer at Pentagon Federal Credit Union, discusses why financial institutions...
For the second time in four days, a high-ranking German regulator has called for major changes in response to the Wirecard scandal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Instacart, the U.S. and Canadian online grocery delivery service, blamed reused passwords for the recent account hacks that led to the theft of its customers’ personal data that landed on the dark web. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
One week after hackers commandeered dozens of high-profile Twitter accounts – including Joe Biden, Kim Kardashian and Barack Obama – former Twitter employees say that more than 1,000 staffers and contractors had access to internal tools for the breach. Get the Full Story Complete the...
Germany has taken action to update its rules in the wake of the Wirecard AG scandal as complaints mount that regulators failed to police the insolvent payments company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Fitness watch and GPS maker Garmin Ltd. shut down its website and global call centers on Thursday (July 23) following a ransomware attack, The Guardian reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Not unlike the Terminator, fraudsters never seem to sleep or stop in their reprehensible pursuits. Some work in rings and syndicates that span the globe, and they take theft seriously. So must good actors. Get the Full Story Complete the form to unlock this article...
