Remove Fraud Remove Online Remove Seattle Remove Security
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The Problem With How Most Banks Use IP Address Checks To Fight Fraud

PYMNTS

The growing cost of online fraud – and finding ways to detect it – has long been a costly concern of financial institutions (FIs). If you beat the geolocation fraud, you beat all the fraud,” Briggs said. For instance, Briggs recalled that he was once blocked from paying some large bills online while traveling in Italy.

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Holiday Season Brings Corporate Payments Fraud Spike

PYMNTS

’Tis the season for corporate fraud? the FBI recently issued a warning for holiday shoppers of a new scam called eSkimming , in which cyber criminals hack into legitimate online retailer websites to steal shoppers’ credit and debit card details. Yet, analysts warn, as cross-border B2B payment volumes rise, so does the risk of fraud.

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Seattle Utility Customers Privy To Confidential Data

PYMNTS

But that’s what happened to customers of Seattle City Light and Seattle Public Utilities on Sunday (Sept. The City of Seattle was busy trying to fix a glitch that sent links to over 3,000 people in error. The mailings marked the launch of Seattle City Light and Seattle Public Utilities’ new billing system.

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Retailers Increasingly Turn To AI For Security And Efficiency

PYMNTS

Take the issue of retail security as one example. As the new PYMNTS Merchant Fraud Decisioning Playbook shows, fraudsters are starting off the new decade armed with the stolen data and credentials of millions of global consumers, and they are already putting that data to use. Retail Trust and AI.

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Hacker Arrested In Capital One Breach Affecting 100M+ 

PYMNTS

Seattle-based Thompson was charged with one count of computer fraud and abuse following her arrest on Monday (July 30). noticed her activity on a Meetup she organizes called Seattle Warez Kiddies, which is for people into “hacking, cracking.” Online, she used the name “erratic.”.

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Questions Being Raised About Viability Of The Cloud For FinServ

PYMNTS

The FBI arrested a Seattle area woman, Paige A. Thompson, on a charge of computer fraud and abuse. In fact, security professionals have been warning about it for years. Thompson even boasted about using techniques to access the sensitive data in online forums. The gap is not a surprise.

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Five At Five: Amazon’s Christmas Plan — And Its New Challenge From eBay

PYMNTS

Online retailer eBay took a swipe at Amazon, saying no membership is required to get deals during its shopping event. Amazon Go Will Open A Second Location in Seattle. The new Amazon Go store, located in Seattle, will stand about a mile away from the other location. Ripple, Ripple CEO Served Third Securities Fraud Lawsuit.

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