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DOJ Indicts Four Chinese Army Spies For Equifax Hack

PYMNTS

The Equifax cyberattack exposed the financial data of almost 150 million Americans and British and Canadian nationals. Four members of China’s People’s Liberation Army – Wu Zhiyong, Wang Qian, Xu Ke and Liu Lei – were indicted on nine counts by a federal grand jury in Atlanta. “There are exceptions, though.”

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Louisiana School Cyberattacks Trigger State Of Emergency

PYMNTS

The emergency declaration allows the state to access resources from the state’s national guard, technology office, state police and other organizations, according to a statement from the governor’s office. Numerous cities and states have been hit with cyberattacks.

Louisiana 162
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FTC Warns About New Scam That Could Harm Merchants

PYMNTS

In one scheme, they’re telling people to use the routing number of the Federal Reserve Bank of Atlanta (0610-0014-6) to make both check and electronic payments through the Automated Clearinghouse (ACH) Network. Merchants who accept these checks run the risk of not getting paid.

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New Orleans City Services Hit With Cyberattacks

PYMNTS

One of the tweets informed the city’s residents that it was working with “ cybersecurity resources” from the National Guard, the Secret Service and the FBI. Ransomware has been becoming more widespread; Atlanta, Baltimore and multiple cities in Florida have all been affected in the past year. On Friday (Dec.

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Five EMV lessons for the US

Banking 2020

It’s been very well documented that fraud tends to shift to the card-not-present (CNP) arena when EMV is introduced in a country. While there is some debate about just how much EMV will be the driver of CNP fraud in the US, it’s still expected to rise significantly over the coming years. Less face-to-face counterfeit fraud.

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PYMNTS’ Data Dive: Strange Bedfellows Edition — Card Networks, EMV And Retail

PYMNTS

Home Depot doesn’t think the “chip”cards on offer today in the United States are living up to the hype – the hype being the security levels enjoyed by European merchants who are currently using EMV. It’s the latest large retailer to raise the security concerns, with a lawsuit filed this week in U.S.

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E-Signature Approval

Independent Banker

She’s chief operating officer and vice president of the mortgage company, a division of Private Bank of Buckhead, in Atlanta. The bank’s mortgage company has developed a national retail lending presence over the last 18 months using phones and email, rather than branch offices. “We