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Bluetooth Security Flaw Makes Data Vulnerable To Attack

PYMNTS

A new Bluetooth security flaw was discovered that could leave users’ data unprotected and open to hackers, The Verge reported on Friday (Aug. The weakness was discovered by researchers who presented their findings at the USENIX Security Symposium. But the technology also makes it easier to counteract attacks.

Security 121
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FBI Details Evolving Sophistication Of BEC Scammers

PYMNTS

The FBI has once again sounded the alarm on the proliferation of digital fraud like ransomware and the business email compromise (BEC) scam, releasing new stats on the financial damage such criminal activity has caused in the U.S. 3 individuals were arrested in India for an invoice fraud scam , according to CNBCTV reports this week.

San Diego 141
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Modern Bank Robbery: Addressing Cyber Fraud in Retail Financial Services

Cisco

While the days of the good ol’ “stickup” bank robbery, cybersecurity threats are rapidly growing in number and complexity, and even the most advanced security teams scramble to keep up. After decades of battling credit card fraud, retail banks face a new challenge: fraudulent account takeover. The rise in high-impact fraud.

Fraud 63
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Modern Bank Robbery: Addressing Cyber Fraud in Retail Financial Services

Cisco

While the days of the good ol’ “stickup” bank robbery, cybersecurity threats are rapidly growing in number and complexity, and even the most advanced security teams scramble to keep up. After decades of battling credit card fraud, retail banks face a new challenge: fraudulent account takeover. The rise in high-impact fraud.

Fraud 48
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Google Could Be In Hot Water Again Over Location Tracking

PYMNTS

That prompted an individual in San Diego to launch a lawsuit against Google , while activists are wondering if the practices violate the company’s 2011 agreement with the FTC. In July, the European Union fined Google over the Android dominance, hitting the company with a $5 billion penalty, which is a record antitrust fine.

Google 100
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Real-Time Payments Begin To Turn Heads In Commercial Payments

PYMNTS

The finding suggests a shift in the market, with corporates unsure or unconvinced of how faster payments capabilities might affect their operations. The survey, conducted at the 2018 NACHA PAYMENTS Conference held in San Diego earlier this year, asked 390 industry professionals about their expectations from the payments industry.

Payments 101
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Commander In Chief: Mitek Systems’ CEO Innovation Download

PYMNTS

JB: We’re based in San Diego, a city that not only has a vibrant and fast-paced software and technology community, but also so many great outdoor activities and attractions. The increased focus is a good thing — AML laws and Know Your Customer (KYC) requirements can help reduce crime, prevent terrorism and mitigate the risk of fraud.