PYMNTS

JULY 29, 2019

As noted by the Financial Crime Enforcement Network (FinCEN), the number of reports of BEC rose to a monthly average of more than 1,100 in 2018, where the tally had been 500 in 2016. That translates to a value of attempted BEC threats that jumped from $110 million monthly in 2016 to $301 million monthly in 2018. billion. billion.

Fraud 138

Fraud Cyber Security Cards Report 138

PYMNTS

JULY 25, 2016

Mastercard is mulling an entrance into the China market and could get its application in during 2016 to become a payment provider in what is expected to be the largest market by 2020. China announced this summer that it would let non China-based payment card companies operate in the country, but they would have to follow China’s rules.

Cyber Security 100

Cyber Security Payments Cards Marketing 100

PYMNTS

SEPTEMBER 17, 2018

As for the locale: Search warrants, noted by ZDNet , were served on those individuals in an immigration detention center, yielding 16 mobile phones, various SIM cards and a number of electronic storage devices. He and an accomplice operated from Nigeria, targeting the U.S., The scams netted an alleged $25 million from 2014 to 2016. “In

Idaho 153

Idaho Missouri Cyber Security Fraud 153

PYMNTS

JUNE 13, 2017

In a press release , the company said the malware was probably involved in the December 2016 cyberattack on Ukraine ’s power grid that prevented part of its capital, Kiev, from getting power for more than an hour.

New Jersey 100

New Jersey System Industry Fraud 100

PYMNTS

NOVEMBER 6, 2017

Since 2004, October has been observed as National Cyber Security Awareness Month by the Department of Homeland Security (DHS). percent from Q2 2016 to Q2 2017. During a CAPS exercise, IT professionals take part in an immersive exercise that simulates an attack on an organization’s payment operation.

Exercises 119

Exercises Resources Industry Cyber Security 119

NCR

DECEMBER 7, 2016

These innovations are already changing how the industry operates and how businesses engage with their customers, and are only set to become more important in the years to come. Royal Bank of Scotland will start using it for online communication from December 2016. AI also looks set to make its mark in the payments sector.

Innovation 40

Innovation Cyber Security Fraud Industry 40

NCR

MAY 3, 2016

One such group stole over $100 million in March 2016 from the Bangladesh central bank account at the Federal Reserve Bank of New York. Attackers successfully used GozNym to steal an estimated $4 million by targeting the customers of banks in April 2016. Securing the Vault.

Policies 40

Policies Security ATM System 40