Cybersecurity

Cybersecurity
Brooklyn Man Charged With Allegedly Swiping Some $12,000 In IRS Stimulus Checks From Mail
April 30, 2020

Feng Chen, 31, of Brooklyn, New York, was charged with alleged theft of U.S. mail that included some $12,000 in government stimulus checks, other checks and credit cards, authorities said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cybersecurity
Phishing Scams Target SMBs Seeking COVID Aid
April 24, 2020

The COVID-19 pandemic, like other disasters, has created a playground for cybercriminals. 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 our daily newsletter, PYMNTS Today. By...

Cybersecurity
Digital Fraudsters Treat COVID As An Opportunity
April 24, 2020

Incidences of account takeover (ATO) were up 347 percent and shipping fraud skyrocketed 391 percent, respectively, from 2018 to 2019, before anyone except virologists had ever heard of COVID-19. But isn’t it just like hackers to exploit a terrible situation? Get the Full Story Complete...

Fraud Prevention
Deep Dive: How Insurance Fraud Hurts Both Companies And Consumers
April 23, 2020

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Cybersecurity
Google: State-Backed Hackers Behind Coronavirus Phishing Attempts
April 22, 2020

Security experts at Google have identified over a dozen government-backed hacking groups trying to use the coronavirus pandemic to fuel malware and phishing attempts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cybersecurity
DOJ Warns Against COVID-19-Related Scams
April 22, 2020

A cooperative effort between police and businesses has shut down hundreds of websites established to exploit the coronavirus pandemic, according to the U.S Department of Justice (DOJ). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Fraud Prevention
How Allstate Leverages AI To Show Insurance Fraudsters The Door
April 22, 2020

Fraudulent claims in the U.S. account for more than $80 billion in payments a year, with legitimate customers paying higher premiums to make up for the losses. While digital claim filing has made processes more frictionless than ever, it's also opening new doors to fraud....

Cybersecurity
SBA May Have Exposed Data Of 8,000 SMBs Seeking Relief Loans
April 22, 2020

Nearly 8,000 applicants for small business loans through the government’s Emergency Injury Disaster Loan (EIDL) stimulus program have possibly been affected by a data breach exposing private information. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cybersecurity
Stemming The SIM-Swapping Tide In Fraud Friendlier Times
April 22, 2020

While being the victim of fraud is never good, there is something to be said for at least being able to identify where exactly one went wrong. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...