Remove Cards Remove Fraud Remove Marketing Remove New York City
article thumbnail

Earl Enterprises Acknowledges Data Breach Of 2M Cards

PYMNTS

Buca di Beppo , the Italian restaurant chain, reportedly knew about a data breach that resulted in two million credit card and debit numbers being stolen since Feb. KrebsOnSecurity said credit and debit card accounts from Earl Enterprises restaurants were up for sale as of Feb. 21 — but waited until the end of March to reveal it.

Las Vegas 124
article thumbnail

Signifyd Data Shows Fraud Is Actually Declining

PYMNTS

Fraud isn’t perpetrated by a random assortment of individuals; it’s organized crime. It’s “fraud as a Service.” It’s a very unfair match, if you ask Skye Spear, VP of eCommerce fraud-fighting firm Signifyd. “I Good news, of course, but that doesn’t mean the pressure is any less. Classic fraud deflection is rules-based.

Fraud 109
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Today In Data: Banks Give Consumers Confidence Amid Data Breaches

PYMNTS

Banks give consumers confidence that their data won’t fall into the wrong hands when they make purchases or reservations, thanks to investments in fraud detection and prevention. percent: The share of brands that pick New York as the location for their first pop-up shops. And Tiffany & Co. ’s

Data 100
article thumbnail

Ex-QVC Executive Gets 2.5 Years In Prison For Defrauding Company

PYMNTS

Falkowski was sentenced to 30 months in a federal prison for being the brains behind a $1 million fraud scam. To protect himself, he created faulty invoices to trick QVC into paying for his fraud. The fraud happened from 2008 until he was fired in 2013, noted the report. QVC former director James D.

Company 102
article thumbnail

iPhone Scam Reveals How Digital Criminals Find Vulnerabilities

PYMNTS

According to a report from Quartz , “over the past seven years, a New York City-based fraud ring allegedly stole more than $19 million worth of iPhones by posing as cell phone subscribers to get new devices at little or no cost. Counterfeit Debit Cards. The work involved wasn’t the most complicated, either.

article thumbnail

BEC Scam Storms The Sports Field (Literally)

PYMNTS

Anecdotal evidence pf questionable spend includes examples spanning invoices for IT equipment five times the market price, payments for expired contracts and invoices from debarred suppliers (contractors that the government will no longer work with). In Canada – and in the US, too.

article thumbnail

Fizzle Of The Week: The NYC Amazon HQ That Will Never Be

PYMNTS

Then there are the reputational fizzles: Cuomo’s, AOC’s, de Blasio’s and, of course, the city of New York’s. Wylde, the chief executive of the Partnership for New York City, Amazon’s adventures in NYC over the last several months have not exactly been a glowing advertisement for the city’s business environment.

New York 115