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Experts: US House Examines Legislative Actions To Combat Cybercriminals

PYMNTS

But Kellerman and other security experts advocated at the hearing for legislative measures, such as modernizing anti-money laundering (AML) and forfeiture rules and moving the Secret Service to the Treasury Department, to help combat the threat.

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US And UK Blame Russia For NotPetya Virus

PYMNTS

The United States and Britain have accused Russia of releasing a cyberattack that impacted computers around the world and could be used to launch offensive attacks. and British officials warned that infected routers could be used to launch future offensive cyber operations.

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Tidal Looks Into ‘Potential Data Breach’

PYMNTS

“We have engaged an independent, third-party cyber-security firm to conduct a review of what happened and help us further protect the security and integrity of our data,” Sanders said in a statement. “We

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Another Group of Hackers Target Swift, According To Symantec

PYMNTS

A second hacking group is targeting banks through the Swift Inerbank Messaging system, according to a report out from cyber-security firm Symnatec yesterday (Oct. Symantec said it would share technical information about Odinaff with banks, governments and other security firms.

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BEC Run Out Of Detention Center Nets Millions

PYMNTS

The arrest came on the heels of an order in the United States earlier this month; Nigerian Emmanual Opara was sentenced in Manhattan federal court for also running BEC scams. He and an accomplice operated from Nigeria, targeting the U.S., New Zealand and a number of other countries.

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EMV’s Online Fraud Attack Push

PYMNTS

The data show that since the October 2015 EMV liability shift, United States fraud attacks have jumped by 11 percent. From Q1 2015 to Q4 2015, the fraud attack rate on United States merchant websites skyrocketed from nine attacks per 1,000 transactions to 27 attacks per 1,000 transactions — a 215-percent increase.

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How Does ChatGPT Describe the Economy and Banking?

Jeff For Banks

Me to ChatGPT: Describe the current economic situation in the United States. ChatGPT : The current economic situation in the United States is characterized by growth and recovery following the impacts of the COVID-19 pandemic. Assistance in cyber security measures, such as "Describe the 2021 Kaseya ransomware attack.";