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Florida City Pays Hundreds Of Thousands To Hackers

PYMNTS

One small Florida city has had to pay cybercriminals thousands of dollars in ransomware. Lake City, a community of about 12,000 people west of Jacksonville, forked over hundreds of thousands of dollars after a ransomware attack crippled its systems. Jackson County, GA paid $400,000 from its $10.5

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Bank Fraud Case Exposed by Unusual Source

ABA Community Banking

Six people were arrested last week of bank fraud in Jacksonville, Florida Feature Risk Management AML & Fraud Customers Operational Risk Cyberfraud/ID Theft Feature3.

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Branching Out: Physical Locations Boost CUs' Digital Plans

PYMNTS

Many CUs have since leaned into these efforts with digital innovations aimed at a range of issues, such as tackling fraud or enhancing members’ remote banking access. Canada’s largest community credit union has announced that it is expanding its commercial network. It also offers participating CUs customized consulting services.

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Bitcoin Daily: Hdac, CertiK Partner For Blockchain-Powered IoT; Tezos Expected To Settle Securities Lawsuit With $25M Settlement

PYMNTS

Connie Ngo , CertiK’s marketing manager, told CoinDesk in an email that the companies agreed “it would make sense to formally partner with one another as a public promise of Hdac’s focus on security and a symbol of CertiK’s ability to support larger enterprise-level solutions such as Hdac’s.” million in a lawsuit.

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PenFed’s Playbook On Helping Government Workers Survive Shutdowns

PYMNTS

In the March Credit Union Tracker , PYMNTS explores how credit unions (CUs) and credit union service organizations (CUSOs) are working to cater to the unique financial needs of their members, while also focusing on continually combating fraud. PSCU is one CUSO focused on proactively fighting fraud. Around the Credit Union Landscape.

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FICO Women Leaders: Sharing Our Insights and Success

FICO

I founded a FICO Women Leaders initiative that uses networking and the power of community to help women succeed as leaders in a highly complex technology firm. Nadia Benitez, head of authorization and fraud risk at Swisscard, was at FICO World 2022 and was inspired by the goals and results of our FICO Women Leaders program.

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BEC Scam Storms The Sports Field (Literally)

PYMNTS

What we’re doing right now is we’re looking at our processes in place … to make sure this doesn’t happen again,” said Rene Daniels, director of communications and community engagement for Spotsylvania County Public Schools, according to the site, which added that no personal details or confidential information were compromised.