security & fraud

Forget Bitcoin — Privacy Tokens A Favorite Of The Bad Guys
Forget Bitcoin — Privacy Tokens A Favorite Of The Bad Guys
January 03, 2018  |  Blockchain / Distributed Ledger

Bitcoin may be garnering a lot of interest from all sorts of investors, but it’s losing its luster for criminals, as they move on to...

READ MORE >
Forever 21’s POS Hack Went Unnoticed For 8 Months
Forever 21’s POS Hack Went Unnoticed For 8 Months
January 02, 2018  |  Security & Fraud

Forever 21 has provided an update on a payment card data breach that it first reported in mid-November. According to the national clothing retailer, encryption...

READ MORE >
China Online Finance Platform Qbao.com Head Surrenders To Police
China Online Finance Platform Qbao.com Head Surrenders To Police
December 28, 2017  |  Security & Fraud

Zhang Xiaolei, head of China-based online financial platform Qbao.com, and who has been under investigation, surrendered to local authorities on Thursday (Dec. 28). Citing state news...

READ MORE >
Theranos Gets $100M Lifeline
Theranos Gets $100M Lifeline
December 27, 2017  |  Investments

Theranos, the struggling blood testing company based in Silicon Valley, has landed a $100 million loan from Fortress Investment Group. Citing an email sent to...

READ MORE >
North Korea Behind 2017 Cryptocurrency Hacks
North Korea Behind 2017 Cryptocurrency Hacks
December 18, 2017  |  Security & Fraud

North Korean hackers were responsible for numerous attacks on cryptocurrency exchanges that resulted in the theft of $6.99 million worth of tokens this year. Citing...

READ MORE >
Fed’s Quarles To Recuse Himself From Anything Wells Fargo
Fed’s Quarles To Recuse Himself From Anything Wells Fargo
December 17, 2017  |  Bank Regulation

The Federal Reserve’s vice chair who is in charge of policing Wall Street, Randal Quarles, said late last week he is recusing himself from anything...

READ MORE >
Uber The Subject Of A Federal Criminal Probe
Uber The Subject Of A Federal Criminal Probe
December 14, 2017  |  News

Uber, the ride-hailing app that has been under fire for covering up a data breach for a year — and paying hackers $100,000 to keep...

READ MORE >
Hackers Behind Mirai Botnet Plead Guilty
Hackers Behind Mirai Botnet Plead Guilty
December 14, 2017  |  Security & Fraud

Three computer hackers behind the Mirai botnet, which kicked websites offline last year in cyberattacks, have pleaded guilty to cybercrime. Citing court documents, Reuters stated on...

READ MORE >
New AIG Cybersecurity Model Scores, Benchmarks Company Risk
New AIG Cybersecurity Model Scores, Benchmarks Company Risk
December 13, 2017  |  Security & Fraud

American International Group (AIG) announced on Tuesday (Dec. 12) a new cyber benchmarking model that quantifies and scores the cyber risk of its clients. In...

READ MORE >