Cybersecurity

Cybersecurity
Prince Charles’ Charity Funded By Company With Russian Ties
March 05, 2019

A charity run by Prince Charles received donations from a company used to transfer large amounts of cash from Russia. According to The Guardian, investigators found 1.3 million bank transactions showing around £3.5 billion ($4.6 billion USD) sent to Europe and the U.S. from a...

Cybersecurity
How HomeAway Uses Payments To Build Trust In The Sharing Economy
March 05, 2019

If the digital economy crosses borders – with commerce always on, across time zones and currencies – the platform model should be a perfect fit for those who seek to literally cross borders, or even just get away from it all for a bit. Get the Full...

Cybersecurity
Nordea Accused Of Handling $790M In Suspicious Transactions
March 04, 2019

Nordea, the biggest bank in the Nordic region, is being accused of handling millions of dollars in suspicious transactions for several years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cybersecurity
Digital Office Building Access Systems At Risk Of Hacks, IBM Finds
March 04, 2019

Offices buildings that use digital systems to let visitors in are at increased risk of hackers getting into their systems. 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
Microsoft: State-Sponsored Hackers Siphoned Money From Several FIs
March 01, 2019

Microsoft’s lastest cybersecurity report has revealed that state-sponsored hackers have attacked several financial services firms, managing to steal “large sums of cash.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Fraud Prevention
When Synthetic IDs Are As Good As The Real Thing
March 01, 2019

It’s no secret that digital criminals are becoming more sophisticated. So are the fraud defenses deployed by merchants, payment service providers and financial institutions. But some criminals are going a step further – essentially pretending to be legitimate consumers. It even comes down to the use...

Cybersecurity
Number Of $100 Bills In Use Has Doubled Since 2008
February 28, 2019

New data shows the number of U.S. $100 bills in circulation has doubled since 2008, with more than 12 billion of them around the world. According to CNBC, the latest data from the Federal Reserve shows $100 bills have now passed $1 bills in circulation....

Cybersecurity
Equifax Chief Hit By Identity Theft Three Times
February 28, 2019

Equifax CEO Mark Begor revealed that he has been the victim of identity theft three times in the past 10 years during a privacy hearing on Tuesday (February 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cybersecurity
Ring Patches Doorbell Vulnerability That Allowed Eavesdropping
February 28, 2019

Researchers discovered a vulnerability in the Ring doorbell that could allow hackers to send fake images into the video feed, or even eavesdrop on video and audio as it is broadcast. Dojo by BullGuard discovered that if the right techniques were utilized, a hacker with access to incoming...