Cybersecurity

Computer security, cybersecurity or information technology security is the protection of computer systems from the theft of or damage to their hardware, software, or electronic data, as well as from the disruption or misdirection of the services they provide.

Source: en.wikipedia.org

Sift Partners With McDonald’s On Mobile App Fraud
Sift Partners With McDonald’s On Mobile App Fraud
February 24, 2021  |  Security & Fraud

Sift, which works in digital trust and safety, will partner with McDonald’s in order to strengthen cybersecurity and prevent fraud, a press release says. Sift’s...

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Fed Money Sending System Goes Down For Hours
Fed Money Sending System Goes Down For Hours
February 24, 2021  |  Digital Payments

The Federal Reserve system allowing financial institutions (FIs) to send money back and forth was down for several hours on Wednesday (Feb. 24), CNBC reported....

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Deep Dive: How AI And ML Can Reduce Fraud And Increase Customer Satisfaction
Deep Dive: How AI And ML Can Reduce Fraud And Increase Customer Satisfaction
February 23, 2021  |  Fraud Prevention

Digital fraud is one of the most pressing issues facing the banking sector, with fraudsters deploying a vast array of methods to target financial institutions...

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Kroger Reports Data Breach; Customer Data Hacked
Kroger Reports Data Breach; Customer Data Hacked
February 21, 2021  |  Security & Fraud

Kroger has confirmed it was among the companies affected by the data security incident that hit Accellion, according to a press release. An unauthorized person...

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Bitcoin Daily: Social Shopping Platform Personas Adds Bitcoin Payment Option; Hackers Demand $20 Million In Bitcoin From Kia Motors
Bitcoin Daily: Social Shopping Platform Personas Adds Bitcoin Payment Option; Hackers Demand $20 Million In...
February 18, 2021  |  Bitcoin

Social shopping platform Personas Social has rolled out a bitcoin payment system, according to a press release. The company will now accept bitcoin payments for...

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How Bitstamp Balances AML Efforts With Crypto Traders’ Privacy Concerns
How Bitstamp Balances AML Efforts With Crypto Traders’ Privacy Concerns
February 18, 2021  |  AML

The need to stay compliant while respecting user privacy concerns has forced cryptocurrency exchanges to rethink their approach to KYC. In this month’s AML/KYC Tracker,...

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DOJ Charges North Korean Hackers With $1.3 Billion Crypto, Cash Theft
DOJ Charges North Korean Hackers With $1.3 Billion Crypto, Cash Theft
February 17, 2021  |  Security & Fraud

A national cybersecurity investigation lasting more than two years culminated in charges being levied against alleged hackers from North Korea, the U.S. Department of Justice...

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Report: Crypto Exchanges Thread The Needle Between Compliance And Privacy
Report: Crypto Exchanges Thread The Needle Between Compliance And Privacy
February 17, 2021  |  AML

More than $300 billion in illicit funds are laundered each year in the United States, with criminals processing their profits to conceal their source and...

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Yellen Sounds Alarm On Crypto Fraud; Puts ID Verification In Spotlight
Yellen Sounds Alarm On Crypto Fraud; Puts ID Verification In Spotlight
February 11, 2021  |  Security & Fraud

Rampant cyberattacks. Crypto in the service of dark money. The risks of bad actors using digital means to steal and to sow carnage across the...

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