security & fraud

EY Accused Of Missing Alleged Wirecard Fraud
EY Accused Of Missing Alleged Wirecard Fraud
June 28, 2020  |  Security & Fraud

In the ongoing scandal of Wirecard, under fire for fraud, the focus is now turning to auditors Ernst & Young (EY), which reportedly failed to...

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Philippines Opens Probe Into Wirecard’s Missing Cash
Philippines Opens Probe Into Wirecard’s Missing Cash
June 24, 2020  |  Security & Fraud

The Philippines has launched an investigation into the missing $2.1 billion that Wirecard said it deposited in two of the island nation’s banks, Reuters reported....

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Telegram: Breach Exposed Millions Of Users’ Data
Telegram: Breach Exposed Millions Of Users’ Data
June 24, 2020  |  Security & Fraud

Messaging app Telegram said a data breach has exposed a database containing the personal information of millions of users, according to a Cointelgraph report. The...

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Creating An ‘Anchor Of Trust’ In The Battle Against CNP Fraud
Creating An ‘Anchor Of Trust’ In The Battle Against CNP Fraud
June 24, 2020  |  Security & Fraud

As the world must go increasingly digital — perhaps permanently — people who had resisted the great shift to eCommerce have had to make the...

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DOJ Alleges Man Faked 120 Employees To Get $3M PPP Loan
DOJ Alleges Man Faked 120 Employees To Get $3M PPP Loan
June 23, 2020  |  Security & Fraud

A 44-year-old Texas man, Fahad Shah, was charged with fraud for allegedly attempting to file fake loan applications for the Paycheck Protection Program (PPP), according...

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Consumers Duped By ‘Risk-Free Trials’ To Get $8.7M In Refunds From FTC
Consumers Duped By ‘Risk-Free Trials’ To Get $8.7M In Refunds From FTC
June 22, 2020  |  Security & Fraud

The Federal Trade Commission (FTC) is sending out over $8.7 million in refunds to 187,425 customers who were reportedly signed up for non-consensual payment plans...

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Nintendo Says Hacked Accounts Could Total 300,000
Nintendo Says Hacked Accounts Could Total 300,000
June 09, 2020  |  Security & Fraud

The number of Nintendo accounts compromised by hackers was nearly double the amount reported two months ago, according to TechCrunch. The Japanese gaming company originally...

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FTC Bans Rogue Payment Processor In Settlement Over Alleged Scams
FTC Bans Rogue Payment Processor In Settlement Over Alleged Scams
June 09, 2020  |  Security & Fraud

A Texas operator of several payment processing centers has agreed to be permanently banned from the industry in order to settle charges by the Federal...

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It Takes A Hub: Fighting eCommerce Fraudsters Across New Vectors
It Takes A Hub: Fighting eCommerce Fraudsters Across New Vectors
June 03, 2020  |  Security & Fraud

As commerce shifts online in a pivot that is likely to remain permanent, the fraudsters are also shifting their targets — and methods. And as...

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