Cybersecurity

Cybersecurity
Victims Of Tech Support Scam Get Refunds
February 25, 2020

To support scam victims, the Federal Trade Commission (FTC) will start to send refunds of over $1.7 million to consumers who fell victim to a tech support scam, the agency said in a press release. Get the Full Story Complete the form to unlock this...

Cybersecurity
Email Scam Victim Sues Bank Claiming Lack Of Fraud Protection
February 23, 2020

Police and financial institutions are battling to contain a wire transfer email hacking scam that is costing individuals and businesses billions, The Wall Street Journal (WSJ) reported on Sunday (Feb. 23).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cybersecurity
Proposed US Law Could Hamper End-To-End Encryption
February 21, 2020

With a bill that seeks to tackle the distribution of child abuse material, U.S. legislation will reportedly be introduced in the weeks to come that could hamper the capacity of tech firms to provide end-to-end encryption, Reuters reported.  Get the Full Story Complete the form to unlock...

Cybersecurity
NYC Taxi Commission Accused Of $810 Million Fraud
February 21, 2020

New York Attorney General Letitia James announced plans to sue New York City for allegedly fraudulent practices by its Taxi and Limousine Commission (TLC), according to reports on Thursday (Feb. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cybersecurity
Hack Of Patient Survey Firm NRC Health Raises Questions Over US Records Security
February 21, 2020

A cyberattack at NRC Health has prompted questions about the security of its data and overall patient privacy, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Cybersecurity
FTC Fines Office Depot; Refunds Consumers For Virus Scam
February 20, 2020

The Federal Trade Commission (FTC) has sent $34 million to victims of a scheme by Office Depot and a separate software provider that encouraged them to buy unnecessary computer repair products, according to a report. Get the Full Story Complete the form to unlock this...

Cybersecurity
Data Breach At US Defense Agency Compromised Personal Info
February 20, 2020

The U.S. Defense Information Systems Agency (DISA) said that its network was likely “compromised,” according to reports on Thursday (Feb. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cybersecurity
Swiss Bank Chided For Alleged FIFA, Venezuela Fraud
February 20, 2020

Swiss bank Julius Baer is being scolded by Switzerland’s financial watchdog for failing to notice money-laundering threats connected to deception in Venezuela and FIFA, the world soccer body, Reuters reported Thursday (Feb. 20). Get the Full Story Complete the form to unlock this article and...

Cybersecurity
MGM Resorts Admits To 2019 Hack
February 20, 2020

MGM Resorts International, a hotel and casino operator, admitted it had experienced a data breach following a report saying information on 10.6 million guests was compromised, according to a report by Reuters.  Get the Full Story Complete the form to unlock this article and enjoy...