Cybersecurity

Risk Management
All The World’s A Stage For (Prudent) FX Risk Management
February 28, 2019

Risk has rewards in all parts of life, but especially in business, where shrewd risk-taking and planning accrues to the bottom line. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cybersecurity
FTC Fines TikTok $5.7M Over Alleged Child Data Collection
February 27, 2019

TikTok has been fined a record $5.7 million by the Federal Trade Commission (FTC) over the illegal collection of data from children, the FTC said on Wednesday (Feb. 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cybersecurity
India ‘Millionaire’ Crypto Scam Tricks Victims Out Of $250K
February 26, 2019

A man in India tricked 12 people out of $250,000 with a scam involving a fake cryptocurrency named after the Indian version of the show “Who Wants To Be A Millionaire,” according to reports. Get the Full Story Complete the form to unlock this article...

Cybersecurity
Intuit Denies Data Breach At TurboTax
February 26, 2019

Intuit, the parent of TurboTax, is denying a report from the Dark Reading blog Monday (February 26) that TurboTax suffered a breach in which a third party got access to the data of its users. Get the Full Story Complete the form to unlock this...

Cybersecurity
Instagram Users Targeted In ‘Get Rich Quick’ Scams
February 25, 2019

Authorities in the United Kingdom have warned that there are Instagram posts that promote false “get rich quick” investment scams, and that the schemes have already tricked hundreds of people out of an average of about £9,000, according to reports. Get the Full Story Complete...

Cybersecurity
Hacks On UK Financial Services Firms Jump In 2018
February 25, 2019

Data breaches at financial services companies in the U.K. jumped fivefold last year, underscoring how the industry is a prime target for hackers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cybersecurity
MUFG Bank Enters Consent Order With OCC Over AML Compliance
February 22, 2019

MUFG Bank, a Japan-based institution, announced on Friday (Feb. 22) that it was entering into a consent order with the U.S. Office of the Comptroller of the Currency (OCC), over deficiencies that the OCC identified in the Bank Secrecy Act/Anti-Money Laundering (BSA/AML) compliance program. Get...

Cybersecurity
Indian Parliamentary Panel Summons Facebook, WhatsApp, Instagram Over Users’ Rights
February 22, 2019

The Indian parliamentary committee on information technology has asked representatives from Facebook, the messaging app WhatsApp and the photo sharing app Instagram to appear and answer questions about citizens’ rights on social media platforms, according to a report from CNBC. Get the Full Story Complete...

Cybersecurity
California To Strengthen Data Breach Laws, Close Loopholes
February 22, 2019

Lawmakers in California have proposed a new bill that would close some loopholes in data breach notification laws, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...