The Central Bank of the Russian Federation is reporting a SWIFT hack last year that saw hackers made 339.5 million rubles ($6 million) disappear. The disclosure was snuck onto the end of a central bank report on digital thefts out of Russian banks, according to Reuters...
Wells Fargo is facing new scrutiny, this time over its failed attempts — riddled with errors — to repay its customers. 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...
Huawei and ZTE, two Chinese technology companies, have been dealt a blow Wednesday (Feb. 14) after U.S. intelligence agencies issued a warning to consumers: stay away from smartphones made by the two companies. Get the Full Story Complete the form to unlock this article and...
A data glitch at the Massachusetts Department of Revenue accidentally exposed the private data of around 16,500 business taxpayers. 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...
Payfone announced that it has raised $23 million to expand its cybersecurity services in the retail, insurance, and healthcare sectors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Financial services firms, above any other industry, rack up the most in damages following a cyberattack, a new report from Accenture and Ponemon Institute found. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Telecommunications firms and joint ventures are serving as conduits for China to gain insight and access to intellectual property and sensitive U.S. technologies, according to U.S. senators and intelligence officials. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Due to a vulnerability in Telegram’s messaging app, hackers have been able to rack up cryptocurrencies such as ZCash, as stated by Kaspersky Lab. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Russian banks are reporting that 2017 was a rough year for cyberattacks; rough and expensive, according to news from Reuters. 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...