Remove 2012 Remove Fraud Remove Management Remove social media
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 Ransomware Gains Traction, UK BEC Fraud Spikes

PYMNTS

The threat actors realized they can amplify their impact by targeting specific companies such as managed service providers,” said Bennett. We are seeing gangs involved in drug trafficking and firearms offenses turning to fraud, targeting victims across the U.K. Fraud that was in turn prevented by the unit amounted to as much as $8.2

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Facebook Says It’s Open To New Regulation

PYMNTS

According to a report in Reuters citing Facebook’s public policy manager Karim Palant, the executive said the social media giant is “open to meaningful regulation.” Facebook is “not the same company” even a year ago, with the social media giant already instituting a lot of changes, the executive noted.

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Girding For Iran’s Cyberattacks On The US — Where Past May Be Prologue

PYMNTS

As quoted by Forbes , Oded Vanunu, a researcher for Check Point Software Technologies, said, “Iran will go for targets that create headlines — health, financial services, social media. In a similar 2012 attack, they managed to cripple 30,000 Saudi Aramco computers. Past Is Prologue.

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It’s Getting Real On The Retail Revolution Frontline

PYMNTS

To adapt, let alone thrive, businesses with store locations must embrace EMV, the latest in payments security and authentication, especially considering the retailers themselves have taken on more responsibility for fraud after 2015’s liability shift. The challenge for the last year has just been educating our customer base.

Retail 100
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FinovateFall Sneak Peek: Socure

Fintech Labs Insights

Socure takes an innovative approach to identity verification, using online and social media data to enable financial institutions to confirm consumers’ identity. Features: Innovative Social biometrics platform. Blends facial recognition with social media & online data.

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Frictionless Payments Take Center Stage at Money 20/20

Gonzobanker

The event’s level of growth and sophistication since its inaugural event in 2012 is truly impressive. My colleague Ryan Rackley summed it up perfectly when he referred to social media as the “new tattoo.”. Facebook posts, text messages, tweets, etc., never really go away, even if they’ve been “deleted.”

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Task Forces Fizzle, AI Sizzles And Twitter Trips Over Earnings

PYMNTS

The Fed yesterday announced the formation of its Payments Security task force and has launched an online survey to collect comments on payment identity management, and data protection. AI is powering bots (they have a little way to go, though, to put the intelligence inside the artificial, fraud detection and prevention systems.

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