The cat-and-mouse game between law enforcement and code-abusing felons is entering a new year, and a new phase. The world’s biggest social media platforms are cracking down like never before. The latest iterations of third-party solutions are potent hybrids of machine learning and artificial intelligence...
Online firms and their banking partners have both the means and motives to stop fraudsters from accessing personal information, but today’s connected economy encompasses markets and customer service channels around the world. Thwarting fraud in one area is not enough to prevent it from cropping...
In a recent series of attacks, security researchers claim they have found indications that a hacking group linked to the Chinese government has been going around two-factor authentication (2FA). The attacks have been attributed to a group known as APT20, which is thought to operate...
A 22-year-old Turkish man from London was convicted of attempting to blackmail Apple out of $75,000 in cryptocurrency or a thousand $100 iTunes gift cards by falsely claiming he had access to iCloud and other Apple accounts, various outlets reported on Monday (Dec. 23). Get...
Mastercard is purchasing artificial intelligence (AI) and analytics startup RiskRecon to accelerate the development of cybersecurity solutions, Mastercard announced on Tuesday (Dec. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Reviews are a critical part of the online travel economy, with online shoppers poring over feedback to decide which companies to patronize. But false reviews can devastate a business's reputation and bottom line if left unchecked. In the latest Fraud Decisioning Playbook, James Kay, TripAdvisor’s...
Impersonation fraud — where a cybercriminal pretends to be someone they aren’t in an attempt to make off with funds — gets a lot of attention, and for good reason. Cybercriminals are getting good enough to fake biometric authentication methods using Deep Fake and other...
The Federal Bureau of Investigation is working firsthand with companies to outsmart cybercriminals by deploying decoy data, Ars Technica reported on Friday (Dec. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Gas station and convenience store chain Wawa said it discovered a data breach in which thousands of customers’ debit and credit card information was stolen, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
