security & fraud

Citi Treasury, Feedzai Offer Real-Time Risk Management
Citi Treasury, Feedzai Offer Real-Time Risk Management
December 19, 2018  |  Partnerships / Acquisitions

Citi’s Treasury and Trade Solutions (TTS) announced on Wednesday (Dec. 19) that it has inked a partnership deal with Feedzai, an artificial intelligence (AI) developer...

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Big Tech Got Special Access To Facebook User Data
Big Tech Got Special Access To Facebook User Data
December 19, 2018  |  Facebook

Over the course of years, Facebook reportedly enabled some of the world’s biggest tech companies to access the personal data of users — which amounted...

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Danske Fraud Case Leads To Eight Arrests In Estonia
Danske Fraud Case Leads To Eight Arrests In Estonia
December 19, 2018  |  Bank Regulation

Eight people in Estonia have been arrested in connection to Danske Bank’s money laundering scandal. According to Reuters, Estonian newspaper Postimees reported on Tuesday (December 18)...

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UBS Fined $14.5M For Violating Bank Secrecy Act
UBS Fined $14.5M For Violating Bank Secrecy Act
December 17, 2018  |  Regulation

The Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury, has assessed a $14.5 million fine against UBS Financial Services...

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PayPay Vows To Strengthen The Security Of Its Payment App
PayPay Vows To Strengthen The Security Of Its Payment App
December 17, 2018  |  Security & Fraud

Japanese payment provider PayPay said Monday (Dec. 17) that it will strengthen the security of its app after receiving several complaints from users about charges...

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Equifax Settles With NY AG Over App Security
Equifax Settles With NY AG Over App Security
December 16, 2018  |  Security & Fraud

The Office of the New York State Attorney General Barbara Underwood announced late last week it reached settlements with five companies whose mobile apps failed...

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Facebook Data Breach Fines Could Top $1B
Facebook Data Breach Fines Could Top $1B
December 16, 2018  |  Facebook

Facebook, the beleaguered social media giant that is facing intense scrutiny into its business practices, could be on the hook for a multibillion dollar fine,...

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Chinese Hackers Target Navy Contractors To Steal Military Secrets
Chinese Hackers Target Navy Contractors To Steal Military Secrets
December 14, 2018  |  Security & Fraud

Chinese hackers have targeted U.S. Navy contractors and subcontractors to steal classified military information, according to a report by The Wall Street Journal. The hackers...

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Govt. Cyberattacks May Be Linked To Lazarus Group
Govt. Cyberattacks May Be Linked To Lazarus Group
December 12, 2018  |  Security & Fraud

Dozens of companies around the world were infiltrated by hackers using malicious software programmed to steal information, according to a report by CNBC. The cybersecurity...

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