security & fraud

Complaints of Fraud Targeting Older Americans Rose 14% in 2023
Complaints of Fraud Targeting Older Americans Rose 14% in 2023
May 01, 2024  |  Security & Fraud

Fraud targeting older Americans’ money or cryptocurrency increased by double-digit percentages in 2023. The number of complaints of elder fraud increased by 14% during the...

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Cognizant and FICO to Launch Real-Time Payments Fraud Prevention Solution
Cognizant and FICO to Launch Real-Time Payments Fraud Prevention Solution
April 17, 2024  |  Security & Fraud

Cognizant and FICO plan to launch a cloud-based real-time payments fraud prevention solution designed for North American banks and other payment service providers. The joint offering would...

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Report: Morgan Stanley Facing Probes of Anti-Money Laundering Practices
Report: Morgan Stanley Facing Probes of Anti-Money Laundering Practices
April 11, 2024  |  Security & Fraud

Morgan Stanley is reportedly facing investigations by several agencies into how its wealth management division vets and monitors clients who may pose money-laundering risks. The Securities and...

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Investigation Into Morgan Stanley’s Wealth Arm Underscores Scrutiny of AML and Onboarding Efforts 
Investigation Into Morgan Stanley’s Wealth Arm Underscores Scrutiny of AML and Onboarding Efforts 
April 11, 2024  |  Security & Fraud

Anti-money laundering (AML) defenses might begin at the point of onboarding. The needs are for all manner of firms — and especially banks and investment...

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Consulting Firm Greylock McKinnon Associates Reports Data Breach Affecting 341,650
Consulting Firm Greylock McKinnon Associates Reports Data Breach Affecting 341,650
April 08, 2024  |  Cybersecurity

Greylock McKinnon Associates, a Boston consulting firm that provides support services in civil litigation matters, suffered a data breach that impacted 341,650 people. The breach...

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FBI: More Than $12 Billion Lost to Online Fraud in 2023
FBI: More Than $12 Billion Lost to Online Fraud in 2023
April 08, 2024  |  Security & Fraud

American consumers and business owners lost a record $12.5 billion last year to online scammers, marking a 22% spike in cybercrime over 2022, according to...

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Vroom Delivery and Finix Team on Convenience Store Payments
Vroom Delivery and Finix Team on Convenience Store Payments
April 08, 2024  |  Retail

Convenience store commerce platform Vroom Delivery has launched a partnership with payment processor Finix. The collaboration, announced Monday (April 8), is centered around the creation of a new tool called...

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Closing the Awareness-Action Gap Key to Strengthening API Security 
Closing the Awareness-Action Gap Key to Strengthening API Security 
April 03, 2024  |  API

Application programming interfaces (APIs) have become the cornerstone of the digital ecosystem, handling a significant share of internet traffic and enabling seamless interactions among various...

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AT&T: Info From 73 Million Accounts Hijacked in Data Breach
AT&T: Info From 73 Million Accounts Hijacked in Data Breach
March 31, 2024  |  Cybersecurity

AT&T says personal data of several million customers was leaked onto the dark web. “Based on our preliminary analysis, the data set appears to be from...

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