security & fraud

Tech, Global Network Of Merchants Can Combat Ecommerce Fraud
Tech, Global Network Of Merchants Can Combat Ecommerce Fraud
March 13, 2017  |  Security & Fraud

Emailage, the email risk assessment company, has found that during 2016 $1 billion in fraud was stopped by using technology and a syndicated network of...

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UK’s Terrorism Reinsurance Fund Wants To Expand Coverage To Include Cyberattacks
UK’s Terrorism Reinsurance Fund Wants To Expand Coverage To Include Cyberattacks
March 13, 2017  |  Security & Fraud

The U.K. government’s £6 billion ($7.3 billion) terrorism reinsurance fund — set up to assist insurers paying out claims on property damage and business interruption...

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SEC Charges ex-iPayments Executives With Million Dollar Scheme
SEC Charges ex-iPayments Executives With Million Dollar Scheme
March 13, 2017  |  Security & Fraud

The Securities and Exchange Commission announced Friday (March 11) that it has lodged charges against two ex-executives at a credit card processing company for masterminding...

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Myriad Connect Launches Tool To Combat SIM Swap Fraud
Myriad Connect Launches Tool To Combat SIM Swap Fraud
March 08, 2017  |  Security & Fraud

Myriad Connect, the mobile operators’ service provider, announced Tuesday (Mar. 7) the launch of a new service designed to counter SIM swap fraud, which is...

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How Organized Crime Is Going Digital
How Organized Crime Is Going Digital
March 08, 2017  |  Security & Fraud

It was only a matter of time before crime mob bosses began to embrace cybertheft. According to a report from The Financial Times, authorities in...

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Ransomware Hits Pennsylvania Senate Democrats
Ransomware Hits Pennsylvania Senate Democrats
March 06, 2017  |  Security & Fraud

On Friday morning, Pennsylvania state Senate Democrats reportedly found themselves locked out of their official computer network. NBC News reported that Pennsylvania Republican senators, who...

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Skimmers Use Ingenico’s Card Readers To Steal PINS
Skimmers Use Ingenico’s Card Readers To Steal PINS
March 03, 2017  |  Security & Fraud

KrebsonSecurity revealed in a blog post last month that PIN skimmers were being made to overlay on Ingenico brand card readers at the checkout lanes...

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CFPB Acts To Reign In Inaccuracies With Credit Information
CFPB Acts To Reign In Inaccuracies With Credit Information
March 03, 2017  |  Security & Fraud

The Consumer Financial Protection Bureau (CFPB) announced Thursday (Mar. 2) that it has identified “significant” issues with the quality of the credit information being provided...

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Wells Fargo Legal Fees Could Be $100M More Than Forecasted
Wells Fargo Legal Fees Could Be $100M More Than Forecasted
March 02, 2017  |  Security & Fraud

Wells Fargo, still reeling from its fake account scandal, said in a Securities and Exchange Commission filing Wednesday (March 1) that its legal fees for...

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