Cybersecurity

Cybersecurity
Russian Quantum Center Comes Out With Quantum-Proof Blockchain
May 29, 2017

Russian Quantum Center researchers announced late last week that they created what they said is the first quantum-safe blockchain. 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...

Cybersecurity
Hackers Steal Chipotle Customer Payment Data
May 29, 2017

Chipotle is out of the frying pan and into the fire with the recent discovery of malware that was relaying customer payment data to hackers from 2,250 of the Mexican restaurant chain’s store locations. Get the Full Story Complete the form to unlock this article...

Cybersecurity
Chinese Scammers Snared, Confess To Stealing $138 Million USD
May 26, 2017

In an ongoing digital fraud scheme, Chinese scammers have racked up over 950 million yuan ($138 million USD) from more than 93,000 victims by preying on victims’ sense of national pride and desire for easy returns. Police in Tianjin, Beijing and Guangxi arrested 44 more...

Cybersecurity
FTC: Strategic Student Solutions Defrauded Student Debt Holders
May 26, 2017

The Federal Trade Commission announced Thursday (May 25) it charged the operators of a phony student loan debt relief and credit repair scheme with stealing millions of dollars from consumers by falsely promising to reduce or eliminate their student loan debt and offering them non-existent...

Cybersecurity
WannaCry Hits Russian Postal Service, Delivers Misery
May 25, 2017

WannaCry hit a new target this past week, and this time around the Russian postal service has been hobbled a bit, with some computers still not functioning in the wake of the attack. As Reuters noted, the continued impact of the cyberattack has been one...

Cybersecurity
Madoff Fund Has Paid Zero To Victims
May 24, 2017

The firm responsible for paying out $4 billion to victims of Bernard Madoff’s Ponzi scheme has been spending millions on related billings, including the retention of a Victim Fund administrator, over the past four years. Victims haven’t seen a dime. Get the Full Story Complete...

Cybersecurity
Target Sets New Record: Data Breach Settlement
May 24, 2017

Target Corp. will pay $18.5 million to settle claims related to the massive data breach that compromised 40 million customers’ credit and debit cards in 2013. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Fraud Prevention
Brits Say No To Credit, Debit Cards Over Hacking Fears
May 24, 2017

New research shows that more than one in 10 Brits have cancelled a credit or debit card in the past year due to online fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cybersecurity
Fiserv Debuts Real-Time Cybersecurity For Finance
May 24, 2017

Fiserv, the global provider of financial services technology solutions, announced May 23 the availability of SecureNowTM, a centralized, real-time cybersecurity platform designed specifically for digital financial services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...