security & fraud

Warby Parker Cyberattack Affects 198K Accounts
Warby Parker Cyberattack Affects 198K Accounts
January 02, 2019  |  Security & Fraud

Online glasses retailer Warby Parker was hit by a cybersecurity attack that affected about 198,000 of its customers from late September to late November, according...

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Equifax Faces Scrutiny As Dems Take Over The House
Equifax Faces Scrutiny As Dems Take Over The House
January 02, 2019  |  Security & Fraud

Equifax and the other credit-reporting companies could end up in the crosshairs of lawmakers as Democrats gain control of the House of Representatives. A report...

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Crypto Scam Victims Unlikely To Get Their Money Back
Crypto Scam Victims Unlikely To Get Their Money Back
December 26, 2018  |  Security & Fraud

The Securities and Exchange Commission (SEC) and various state regulators have been investigating more than 90 cryptocurrency cases in which investors lost money. According to...

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US Banks Shun Money Transmittal
US Banks Shun Money Transmittal
December 26, 2018  |  Banking

U.S. banks are keeping their distance from money transmitters sending cash to Mexico, as worries about money laundering and increased regulatory scrutiny ensue. According to...

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Malaysia Demands $7.5B From Goldman
Malaysia Demands $7.5B From Goldman
December 26, 2018  |  Bank Regulation

Goldman Sachs could be on the hook for $7.5 billion in reparations from the Malaysia government pertaining to its link to the 1MDB scandal. According to a...

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SEC Fines Wealthfront, Hedgeable For Misleading Consumer Claims
SEC Fines Wealthfront, Hedgeable For Misleading Consumer Claims
December 26, 2018  |  Regulation

The Securities and Exchange Commission announced late last week that it settled with Wealthfront Advisors and Hedgeable, two FinTech robo-advisors, for misleading investors. According to reports,...

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Experts Say China’s Cyberattacks To Intensify
Experts Say China’s Cyberattacks To Intensify
December 22, 2018  |  Security & Fraud

China will not stop its cyberespionage campaign against America any time soon, an expert told CNBC. Michael Fuchs, a senior fellow at the Center for...

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IBM, HPE Hack Intended To Gain Access To Clients
IBM, HPE Hack Intended To Gain Access To Clients
December 20, 2018  |  Security & Fraud

Chinese hackers gained access to clients of huge American corporations, according to a report from Reuters. The hackers, working for China’s Ministry of State Security,...

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Uber Faces Fine From France For 2016 Data Breach
Uber Faces Fine From France For 2016 Data Breach
December 20, 2018  |  Security & Fraud

The French Data Protection Authority said Thursday (Dec. 20) that it fined Uber $460,000 over its 2016 data breach that exposed the data on 57...

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