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HSBC To Staff: Stay Off Bank’s Social Media Accounts

PYMNTS

21) to stay off the bank’s social media sites after a report was leaked to BuzzFeed News and the International Consortium of Investigative Journalists (ICIJ). . HSBC is a much safer institution than it was in 2012.”. The 233,000 worldwide employees of HSBC Holdings Plc were ordered on Monday (Sept.

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 Ransomware Gains Traction, UK BEC Fraud Spikes

PYMNTS

We are seeing gangs involved in drug trafficking and firearms offenses turning to fraud, targeting victims across the U.K. These criminals are exploiting new technologies to commit fraud, posting adverts on social media to try and recruit money mules,” he said. Corporate Wire Fraud.

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PYMNTS Daily Data Dive: VK.Com Hacking Details

PYMNTS

Recently released details show that another social media network was hit by a massive data breach, a trend that appears to be all too common today. The latest company to be hit is VK.com , which is the largest social media network in Europe. 350+ Million | The approximate number of VK.com users.

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Facebook Played Favorites With Data

PYMNTS

Reuters , citing documents released by British lawmakers, reported that between 2012 and 2015 executives at the social media network operator — including chief executive Mark Zuckerberg — tracked how competitors were growing and then denied some access to user data that was available to other companies.

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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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Facebook Hit With Three State Probes Over Privacy Violations

PYMNTS

Earlier this week Racine said he believes more states will sue the social media giant. senators questioned the company over reports that it secretly paid users for their data, as well as allowed kids playing games on the site to make thousands of dollars in purchases, which the company called “friendly fraud.”. billion.

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Hackers Steal 171M VK.com User Accounts

PYMNTS

Social networking site VK.com is the latest victim in a string of targeted data breaches that have hit a host of other social media outlets such as LinkedIn, Tumblr and Myspace. ZDNet reported on Monday (June 6) that a hacker obtained 171 million user accounts from VK, which is said to be the largest European social network.