security & fraud

California Looks Into Allegations Wells Fargo Signed Up Customers For Life Insurance
California Looks Into Allegations Wells Fargo Signed Up Customers For Life Insurance
December 13, 2016  |  Banking

And the hits keep on coming for Wells Fargo. California has joined in the lawsuit bandwagon, ordering an investigation into claims retail bankers at Wells...

READ MORE >
Wells Fargo Lawsuit Targets Higher-Ups In Bank
Wells Fargo Lawsuit Targets Higher-Ups In Bank
December 12, 2016  |  Banking

The lawsuits against Wells Fargo due to the fake account scandal have widened to include more higher-ups in the bank. According to a report by Bloomberg,...

READ MORE >
Congress Passes BOTS Act Making It Illegal For Bots To Buy Tickets
Congress Passes BOTS Act Making It Illegal For Bots To Buy Tickets
December 12, 2016  |  Regulation

Congress is fighting back at ticket scalpers, passing a bill that is making it illegal to use bots or computer programs to buy the best...

READ MORE >
ThyssenKrupp Trade Secrets Stolen In Massive Hack
ThyssenKrupp Trade Secrets Stolen In Massive Hack
December 09, 2016  |  Security & Fraud

ThyssenKrupp, the German steelmaker, disclosed Thursday (Dec. 8) that it was hacked and the bad guys stole technical trade secrets from its steel product and...

READ MORE >
White Hat Hackers Crack Credit Card Code In 6 Seconds
White Hat Hackers Crack Credit Card Code In 6 Seconds
December 06, 2016  |  Security & Fraud

It turns out credit card numbers aren’t safe when shopping online. A group of researchers were able to find credit card information, including expiration dates...

READ MORE >
New Bill Would Throw Out Wells Fargo Arbitration Clause
New Bill Would Throw Out Wells Fargo Arbitration Clause
December 05, 2016  |  Banking

Wells Fargo customers got support from two Democrat lawmakers, who want consumers to be able to sue the bank in court over the fake account...

READ MORE >
Visa Delays EMV Activation Date For Automated Fuel Dispensers
Visa Delays EMV Activation Date For Automated Fuel Dispensers
December 02, 2016  |  EMV

Visa announced Thursday (Dec. 1) it has decided to delay the U.S. domestic automated fuel dispenser (AFD) EMV activation date from Oct. 1, 2017, to...

READ MORE >
RCBC And Bangladeshi Minister Fight Over Blame In Massive Heist
RCBC And Bangladeshi Minister Fight Over Blame In Massive Heist
November 30, 2016  |  Security & Fraud

RCBC, the Philippine lender, and a Bangladesh minister are fighting over who is to blame for tens of millions of dollars that were stolen from...

READ MORE >
Chinese Companies Seeing Deluge Of Cyberattacks
Chinese Companies Seeing Deluge Of Cyberattacks
November 30, 2016  |  Security & Fraud

The U.S. and Europe aren’t the only two areas that are seeing an increased amount of cyberattacks. According to a Reuters report, Chinese companies are seeing...

READ MORE >