The hackers behind the WannaCry ransomware attack that spread around the globe are reportedly starting to money launder the $143,000 in bitcoin they secured using a Swiss virtual currency exchange. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Cyberattacks have become so common that criminals don’t even have to launch one in order to get victims to pay up; all they have to do is threaten. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Fraudsters are good at what they do. Payments got faster, but so did criminals. Banks built more defenses, and bad guys jumped over them with glee. But Uri Rivner, BioCatch co-founder, head of cyber strategy and vice president, said in a recent webinar with PYMNTS’...
Venerable retailer. Iconic name. Easy mark for online fraud and a knockout to the bottom line? Yes, if manual review means missing warning signs of fraudsters while turning away good orders, as boxing equipment vendor Everlast found in its move toward eCommerce. Radial Senior Product...
In today’’s fast-moving, tech-infused retail arena, one of retailers’ top vulnerabilities centers around their ability to data security. As such, it should come as no surprise that most retailers are very protective of any information exchanging virtual hands. Get the Full Story Complete the form...
Prosper Marketplace, the online lender, is reportedly getting rid of its Prosper Daily mobile app, which enabled customers to monitor their personal finances, like credit scores, and would protect them from identity theft. Get the Full Story Complete the form to unlock this article and...
The Consumer Financial Protection Bureau warned companies Monday (July 31) about tricking consumers into expensive pay-by-phone fees. 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 our...
Wells Fargo, the embattled national bank, is gearing up to slash 69 executive positions in its retail unit. The sector been struggling since news broke last year that it created numerous fraudulent accounts for unwitting customers. Get the Full Story Complete the form to unlock...
Russian cybersecurity company Kapersky Lab is under fire as a U.S. congressional panel requests 22 internal government agencies share information on the firm. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...