security and fraud

BEC Scam Storms The Sports Field (Literally)
BEC Scam Storms The Sports Field (Literally)
August 12, 2019  |  B2B Payments

A BEC scam has robbed a Virginia school of funds to pay for a new football field.  Separately, AppZen finds that artificial intelligence (AI) can...

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Why Mobile Phones Are The Better Consumer Authentication Mousetrap
Why Mobile Phones Are The Better Consumer Authentication Mousetrap
August 07, 2019  |  Authentication

At this point in 2019, we’ve all dealt with some flavor of two-factor authentication that uses SMS one-time passcodes. We attempt a sign-in and see a...

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Corporate Card Data Spared In Capital One Hack
Corporate Card Data Spared In Capital One Hack
August 01, 2019  |  B2B Payments

Corporate credit card data was not exposed in the massive Capital One data breach that came to light earlier this week, according to Business Travel...

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NYC Startup Ethyca Raises $4.2M For GDPR Compliance Solution
NYC Startup Ethyca Raises $4.2M For GDPR Compliance Solution
July 25, 2019  |  Security & Fraud

A New York-based data privacy software startup co-founded by Ireland’s Cillian Kieran has raised $4.2 million in seed funding. The software aims to automate data...

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Bulgarian Cyberattack Swipes Millions Of Taxpayers’ Data
Bulgarian Cyberattack Swipes Millions Of Taxpayers’ Data
July 16, 2019  |  Security & Fraud

The finance minister in Bulgaria admitted that a hacker stole millions of people’s data, and that almost every taxpaying adult in the country was affected,...

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Venezuelans Seek $30M In Crypto Ponzi Scheme Lawsuit
Venezuelans Seek $30M In Crypto Ponzi Scheme Lawsuit
July 16, 2019  |  Security & Fraud

A group of Venezuelan nationals filed a fraud suit in Florida federal court claiming they were duped into a Ponzi scheme involving cryptocurrency purportedly backed...

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Keeping Tabs On 2019’s Major Crypto Hacks (So Far)
Keeping Tabs On 2019’s Major Crypto Hacks (So Far)
July 16, 2019  |  Cryptocurrency

Days after admitting to a hack that caused the loss of $32 million in cryptocurrency, Bitpoint Japan, a cryptocurrency exchange operator run by Remixpoint, said...

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Protecting Accounts Payable From Smarter, Faster Fraudsters
Protecting Accounts Payable From Smarter, Faster Fraudsters
June 12, 2019  |  Security & Fraud

Payments are getting faster, fraudsters are getting smarter — and AP departments are often unwitting victims of phishing and other schemes. Bottomline’s Doug Cranston, VP...

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Kaspersky Lab Sees Spike In Mobile Banking Cyberattacks
Kaspersky Lab Sees Spike In Mobile Banking Cyberattacks
May 23, 2019  |  Security & Fraud

Kaspersky Lab, a cybersecurity and anti-virus company, has reported a rise in a specific malware intended to steal money and credentials from people’s bank accounts....

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