Member Banks of the Society for Worldwide Interbank Financial Telecommunication (SWIFT) seem to be in the cybercriminal’s crosshairs these days. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Fraudsters are launching attacks from every nook and cranny in the world, but merchants should also keep a watchful eye on the fraudster down the block. In the latest installment of the Forter Fraudster Profile Series, Forter fraud analyst Gilit Saporta joined Karen Webster to...
More troubling revelations out of global financial messaging system SWIFT today, as disclosures are surfacing that yet more hack attacks have been discovered. These attacks have come as SWIFT has urged banks to comply with new security procedures put in place after an early 2016 hack...
Fraudsters seem to have embraced the Puritan work ethic: Idle hands are the devil’s workshop. And they’ve been anything but idle. The hot-off-the-presses Global Fraud Attack Index™ shows that fraud attacks have jumped 137 percent over the four quarters ending March 2016. The index reveals...
Fraudsters are winning the cybersecurity war, and are increasingly targeting digital goods transactions, which show a three-fold increase in attacks over the four quarters ending March 2016. Food and beverage transactions are another popular target; this sector shows a 116 percent increase during the same...
In advance of the 2016 election, state election boards have been strongly warned to tighten up security. This warning came from the FBI’s Cyber Division after hackers accessed voter information. The Amber-level warning regarding security levels came after hackers were successful in stealing voter data from one...
Biometrics are FinTech’s BFF. But Karl Martin, Nymi founder and CTO, says that the only truly reliable biometric is the heartbeat, since, among other things, it says that the consumer is alive. In this issue of the Digital Identity Tracker, Martin makes his case about...
Fraudsters seem to have embraced the Puritan work ethic: Idle hands are the devil’s workshop. And they’ve been anything but idle. The hot-off-the-presses Global Fraud Attack Index™ shows that fraud attacks have jumped 137 percent over the four quarters ending March 2016. The index reveals...
Finland customs agents announced on Friday (Aug. 26) they seized around €1 million earlier in 2016 in connection with a operation that was being run on an online dark market. In a statement, the Finnish customs agency also said it stopped around 15 kilos of drugs, totaling...
