Hackers tied to China breached four U.S. companies, according to cybersecurity researchers. Lumen’s Black Lotus Labs said in a Tuesday (Aug. 27) blog post that...
Nigeria is reportedly eager to combat online extortion scams following a crackdown by Meta. The country’s Economic and Financial Crimes Commission is willing to work...
Forget everything you knew about fraud and fraudsters. Financial institutions must grapple with the dual challenge of countering increasingly sophisticated fraud attacks as fraudsters harness...
Visa is reportedly considering a multimillion-dollar bid for fraud-prevention firm Featurespace. The payments giant is in advanced talks about a possible sale, Sky News reported...
Returns fraud and policy abuse have surged to unprecedented levels, with U.S. merchants losing an estimated $101 billion in 2023 due to these issues. In...
Today’s cybersecurity and fraud landscape is increasingly becoming an arms race. For every 12-foot-tall wall that businesses build, fraudsters start to shape an ever-more sophisticated...
Practice makes perfect, as the adage goes, even when you’re practicing failure. That’s a rough approximation of how Amazon Web Services practices operational resilience. Other...
Last year former FTX executive Ryan Salame cut a deal with federal prosecutors. Now, Salame says the government is not holding up its end of the bargain,...
There are two dueling trends defining 21st century payments: digitization and cybercrime. And while the two trends are unrelated — particularly given that paper-based payments...