Remove Fraud Remove Management Remove Security Remove Wyoming
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Who Should Lead The Digital ID Push?

PYMNTS

Despite all the discussion about verifying digital IDs without creating friction for the user, recent incidents like cybercriminals using AI to impersonate an energy company’s CEO to falsely request money could give security professionals nightmares. There’s no question the world is moving in a digital direction. Department of Commerce.

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DOE: Cyberattack Interrupted US Electrical Services

PYMNTS

“DOE continues to work with our industry partners through the ISACs to ensure the dissemination of the appropriate mitigation information to manage their associated risks.”. The affected power company provides electricity to Los Angeles, Salt Lake County in Utah and Converse County in Wyoming.

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Digital Driver’s Licenses Are Put To The (Pilot) Test

PYMNTS

They can then use the digital versions when visiting age-restricted merchants, interacting with police at traffic stops or in airport screenings with Transportation Security Administration (TSA) personnel. It’s something that the general public has an appetite for,” Werner said. Pilot Testing Digital IDs.

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Data Dive, Supersize Edition: Warby Parker, Whole Foods And WhatsApp

PYMNTS

But the system has not yet managed its long-touted national expansion — and the issue at hand seems to be data processing. The attackers managed to make off with user names and passwords. Indian regulation requires all payments data be processed in-nation — instead of on Facebook’s servers. Whole Foods’ Expanding Footprint.

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Cryptocurrency risks, rewards and red flags for financial institutions

Abrigo

Takeaway 1 Cryptocurrency has been able to offer good interest rates on high-yield savings accounts and secured loans with no credit check. . As recently as last fall, consumers could stash certain digital assets in a savings account and earn upwards of 10% interest, or even use cryptocurrency to secure a loan without a credit check.