One of the recent cyberattacks against Latin American financial institutions, this one targeting Mexico’s central bank, resulted in the theft of a reported $15.2 million. Another one, against Banco de Chile in May, cost about $10 million via fraudulent SWIFT wire transfers. Get the Full Story...
Ticketmaster U.K. revealed that over the weekend it identified malicious software on a customer support product hosted by Inbenta Technologies, an external third-party supplier to Ticketmaster. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Exactis, the marketing and data aggregation firm, was the subject of a data breach in which customer information ended up on the Internet for hackers or anyone else to view. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Equifax has made a deal to tighten up its security after a massive data breach that compromised the sensitive data of more than 145 million people. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The category of real estate has not traditionally been a haven for fraud, but it does exist. Leasing fraud made its first significant appearance in a Consumer Sentinel report three years ago in the form of identity fraud and theft – that is, fraudsters were...
Supply chains are globalizing even as rising protectionism threatens to place new challenges and barriers on those trade partnerships. Exposure to the risks of endless shifts of foreign exchange (FX) rates keeps executives on their toes: Deloitte recently found FX volatility to be the most...
Faster payments are smarter payments. Safer payments are smarter payments, too. However, though speed matters, so does safety. 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...
The Financial Conduct Authority (FCA) of the U.K. on Tuesday (June 26) announced it is proposing changes to complaint handling rules to help victims of authorized push payment (APP) fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Cybersecurity was once seen as purely a matter of technology, but more and more, security experts are bundling issues such as personal privacy, politics, business, ethics and risk into the package. A recent report by Black Hat on the current state of cybersecurity shows how...