It’s been 129 days since the NBA officially announced its shutdown and played its last regular-season game of 2020. That’s notable because for most Americans, that’s when COVID-19 went from a hypothetical problem mostly affecting strangers on the other side of the planet to a U.S....
The FBI is investigating the worst security breach in Twitter’s 14-year history, as hackers commandeered more than 100 high-profile accounts, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
One of the unnamed jailed executives in the Wirecard scandal has reportedly admitted guilt to the multi-billion-dollar fraud and money laundering case, according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
German market watchdog Federal Financial Supervisory Authority, or BaFin, has come under fire for its actions in the Wirecard scandal, as the regulator reportedly failed to investigate warnings about the payments firm and instead cast more scrutiny on accusers, The Wall Street Journal (WSJ) reported....
The U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) is warning financial institutions of a “high-profile” new scam exploiting Twitter accounts to try and scam convertible virtual currency (CVC) out of individuals, according to a Thursday (July 16) press release. Get the Full Story Complete the form to...
As of 2020, high-profile hacks are no longer a massive surprise. A hundred thousand data breaches after the great Target breach of late 2013, and the world has more or less gotten used to hackers getting into places they ought not be, and making off...
High-profile Twitter accounts, including those of Amazon CEO Jeff Bezos, Berkshire Hathaway Chairman Warren Buffett, Tesla CEO Elon Musk and others, were taken over in a wave of hackings on Wednesday (July 15), according to CNBC. Get the Full Story Complete the form to unlock...
BaFin is broadening its probe regarding potential insider Wirecard stock trading to encompass all those who served on the supervisory and management boards of the payment firm this year, Reuters reported, citing a representative for the German financial regulator. BaFin is also eyeing every Wirecard trade during the last couple...
Wirecard AG, the insolvent German payment processing company facing criminal accusations, may have misled the financial community about its partnerships with blue-chip companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
