security & fraud

Lloyds The Victim Of Denial-Of-Service Attack Two Weeks Ago
Lloyds The Victim Of Denial-Of-Service Attack Two Weeks Ago
January 24, 2017  |  Security & Fraud

Lloyds Banking Group was reportedly the victim of a cyberattack two weeks ago that hurt online services. According to a report by American Banker, citing a...

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Meitu Selfie App May Compromise Users’ Security
Meitu Selfie App May Compromise Users’ Security
January 23, 2017  |  Security & Fraud

Meitu’s selfie app is growing in popularity in the U.S., but the app asks for a lot of information that could put users’ security at...

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US Data Breaches Reach All-Time High Last Year
US Data Breaches Reach All-Time High Last Year
January 23, 2017  |  Security & Fraud

Data breaches in the U.S. reached an all-time high in 2016, with the number of breaches tracked reaching 1,093, a 40 percent increase from the...

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Western Union To Pay $586M To Settle With DoJ
Western Union To Pay $586M To Settle With DoJ
January 20, 2017  |  Security & Fraud

The world’s largest money transfer company, Western Union, has agreed to pay a $586 million to settle charges that its anti-money-laundering controls were too lack,...

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TCF Sued By CFPB Over Overdraft Fees
TCF Sued By CFPB Over Overdraft Fees
January 20, 2017  |  Security & Fraud

TCF National Bank is getting sued by the Consumer Financial Protection Bureau (CFPB), which contends that the bank tricked consumers into overdraft services that were...

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State Street Settles Secret Commission Charges, Pays $64.6M
State Street Settles Secret Commission Charges, Pays $64.6M
January 19, 2017  |  Security & Fraud

State Street, the investment firm, has settled with U.S. investigators, agreeing to pay $64.6 million on claims it defrauded clients via secret commissions on trades....

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FTC Lodges Charges Against Credit Bureau Center For Fake Rentals
FTC Lodges Charges Against Credit Bureau Center For Fake Rentals
January 19, 2017  |  Security & Fraud

The Federal Trade Commission on Wednesday (Jan. 18) lodged charges against Credit Bureau Center and three individuals for allegedly tricking consumers into signing up for...

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Card-Not-Present Fraud Picking Up In US
Card-Not-Present Fraud Picking Up In US
January 18, 2017  |  Security & Fraud

Card-not-present (CNP) fraud is increasing as cyber thieves are showing they are quite able to use both technology and stolen payment card data to defraud...

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FTC Fines Two Telemarketing Companies For Making Robocalls
FTC Fines Two Telemarketing Companies For Making Robocalls
January 16, 2017  |  Regulation

The FTC is cracking down on robocall telemarketing businesses, announcing last week it cracked down on two such companies that have been making robocalls to...

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