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Amazon Takes Aim at Counterfeiters, Collaborators In Federal Lawsuit

PYMNTS

Luxury product rip-off artists and their social media accomplices beware: Amazon is coming after you. District Court for the Western District of Washington. The pair then used social media sites like TikTok and Instagram to promote the counterfeit products. Amazon on Thursday (Nov. Amazon on Thursday (Nov.

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Bitcoin Daily: Brazil Debuts Blockchain Solution For Gov’t Bids; BitFunder CEO Gets 14 Months For Crypto Fraud

PYMNTS

And the operator of BitFunder, a defunct trading platform that was denominated in bitcoin, and WeExchange was sentenced for obstruction of justice as well as securities fraud, CoinDesk reported. The slide deck was reportedly leaked through social media by an accountant. at the World Bank.

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Capital One Hack Prompts Lawsuit, NY AG Probe

PYMNTS

Kevin Zosiak, who lives in Stamford, Connecticut, and whose personal information was compromised in the breach, filed the suit in federal court in Washington, D.C., About 140,000 Social Security numbers and 80,000 bank account numbers were compromised. . Thompson, on a charge of computer fraud and abuse, The Washington Post reported.

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Facebook’s Stock Faces Pressure On Heels Of NY Times Report

PYMNTS

Facebook, the leading social media company, is facing pressure after The New York Times issued a damaging report, with the stock falling close to 5 percent during intraday trading Monday (Nov. consulting firm, to create opposition research on critics of the company.

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Facebook Berated By Microsoft; Presses To Fight Tech Thieves

PYMNTS

Microsoft President Brad Smith is concerned about how thieves are weaponizing tech, and he is berating Facebook for allowing it to fester on its network, The Washington Post reported on Sunday (Sept. Smith said social media companies should not make money from “hatemongers posting vile content” and then duck liability.

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Cap One Hack Hits 100M Credit Card Applications

PYMNTS

The Washington Post reported that the FBI has arrested a Seattle area woman, Paige A. Thompson, on a charge of computer fraud and abuse. While I am grateful that the perpetrator has been caught, I am deeply sorry for what has happened,” Richard D.

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5 Ways Digital Payments Will Change FIs and Fraud in 2023

FICO

5 Ways Digital Payments Will Change FIs and Fraud in 2023. Financial institutions (FIs) are not letting fraud trends like scams fade into background noise, but fraud awareness is rising among customers and both the banks and customers are eager to mitigate as much as possible. FICO Admin. Tue, 07/02/2019 - 02:45. by TJ Horan.

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