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MGM Resorts Admits To 2019 Hack

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MGM Resorts International, a hotel and casino operator, admitted it had experienced a data breach following a report saying information on 10.6 The hotel said the data breach didn’t involve any password, financial or payment card information, and that all the guests who were affected were notified of the incident.

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How US Mobile Leverages Digital Identity To Protect Against SIM Swap Fraud

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Digital identity has become a crucial part of the telecommunications industry as the proliferation of smartphones and the personal data they hold makes security paramount. Such security methods can be critical to preventing fraud that targets mobile users, of which one of the most prevalent types is SIM swap fraud. It's that easy.”.

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Justice Department Announces Three Dozen Indictments In $530M Cyber ID Crime Spree

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Separately, CBS MarketWatch reported that those indicted were tied to a group called the Infraud Organization, which operated with the slogan “In Fraud We Trust. ”. Members of the Infraud Organization acquired consumers’ identities and sold them, as well as compromised credit and debit cards, and all over a period of seven years.

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Trulioo On Tweaking The Odds In Favor Of Online Sports Betting

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Will Tom Brady turn in his jersey after the game for an AARP card and hit the celebrity golf circuit? In the meantime, what should businesses that want to operate in that new world do besides sit around and wait? The new view of the Wire Act reportedly follows a long lobbying effort by Las Vegas casino owner Sheldon Adelson.

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Tech, Global Network Of Merchants Can Combat Ecommerce Fraud

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We compare the email address to a digital passport, because it’s the true global identifier used by merchants, cloud services and even operating systems.”. Research by Aite predicts that by 2020 card-not-present (CNP) fraud will reach $7.2 billion in the U.S. CNP fraud is on the rise in the U.S. CNP fraud is on the rise in the U.S.

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FinCen Director On Why Casino Cooperation Is Central To Fighting Financial Crime 

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Blanco took to the stage at the 12th Annual Las Vegas Anti-Money Laundering Conference yesterday (August 13). The security of the financial services markets, he noted, relies on everyone being team players in the digital age and those not fully playing their positions, he noted, could be facing enforcement action in the future.

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Real-Time Payments, Venmo And SCA Delay Top Week’s News

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That’s the talk track now from the Fed , which a week ago today announced its plans to build and operate a new set of real-time rails, using accelerated access to employer paychecks as its launch use case. Now, the company is offering an option to transfer money to the bank without a debit card for the same fee.

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