Abrigo

APRIL 6, 2022

New Rule Outlines Computer-Security Incident Notification Obligations for Banks Financial institutions and their service providers should prepare to meet new computer-security notice requirements by May 1, 2022. . Computer-security incident notifications required. Expand and Clarify.

Security 195

Security Regulation District of Columbia United States 195

PYMNTS

FEBRUARY 15, 2018

In the wake of breaches that have compromised the data of millions of Americans and companies as far-flung as Equifax and Uber, industry observers and participants told a House subcommittee on Wednesday that data security should be standardized at a national level. Rotenberg voiced that countries outside the U.S.

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National Data Security United States 101

PYMNTS

NOVEMBER 28, 2019

India’s Minister of state for electronics and IT (MeitY) has announced that the government is drafting a national framework to expand the deployment of blockchain use cases. Dhotre added that the government is drafting an approach paper on the National Level Blockchain Framework. India has been embracing blockchain technology.

blockchain 158

blockchain National Cyber Security Security 158

PYMNTS

AUGUST 5, 2020

Tim Horton , head of global merchant security and fraud solutions at Fiserv , told a recent PYMNTS Masterclass that online purchases have more than doubled year on year in the general retail segment, while online grocery sales have surged by 250 percent. In fact, it’s becoming more valuable than card information itself.

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Security Fraud Data Online 267

PYMNTS

MARCH 10, 2020

A Russian national believed to be behind the Deer.io service, which lets hackers advertise and sell stolen information, has been arrested by the FBI, according to published reports Tuesday (March 10). He was arrested on charges of aiding and abetting of trafficking and trafficking in stolen information. According to U.S.

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National Online New York City Cyber Security 134

Bank Innovation

OCTOBER 5, 2017

The White House and Equifax, admittedly two of the nation’s least trusted institutions at the moment, agree that social security as unique identifiers have to go.

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Security National blockchain cryptocurrency 223

PYMNTS

NOVEMBER 27, 2020

Consumers can be surprisingly finicky these days when it comes to their personal identifiable data (PII), and additional security measures can strengthen trust at a critical time like this. It’s not all super high-tech either, as the humble phone call still plays a key role in proving identity. Taking Authentication To The Streets.

Security 269

Security Study Mobile Data 269

PYMNTS

JANUARY 31, 2018

Following a malware attack that allowed “unauthorized parties” to access customer credit card information, off-price retailer National Stores is seeking to prevent fraudulent activity and improve the security of its point-of-sale (POS) systems, the company said in an announcement. “We 11 may be involved in the breach.

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National Data Payments Cards 138

PYMNTS

SEPTEMBER 14, 2017

China revealed that it is creating a national cyberattack database and will require telecom firms, internet companies and domain name providers to report any threats to it. Those that fail to follow the rules will be subject to “warnings, fines and other administrative penalties,” although no specifics were given.

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National Guidelines Resources Tools 174

PYMNTS

DECEMBER 13, 2020

Department of Commerce and its National Telecommunications and Information Administration unit discovered Friday (Dec. 12) emergency meeting of the National Security Council at the White House, Reuters reported. Department of the Treasury , the U.S. 11) and over the weekend were severe enough to trigger a Saturday (Dec.

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US National United States Security 270

PYMNTS

JUNE 29, 2020

Open banking is one of the most significant emerging trends in the financial industry, allowing banks and FinTechs to share financial data in a quick, easy and secure manner across a network of platforms. Security Risks Facing Open Banking. Securing Open Banking Systems. There were 85.42

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Security System Fraud Data 240

Abrigo

MAY 30, 2024

This demographic shift, particularly in the developing world, brings attention to the unique challenges older persons face, including those related to human rights and financial security. The National Council on Aging estimates the annual cost of elder fraud to be closer to $36.5 Get the latest information from FinCEN.

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Fraud Training Trends National 221

CFPB Monitor

NOVEMBER 8, 2021

At the end of last month, the CFPB sent orders to six large technology platforms offering payment services that directs them to provide information to the Bureau about their payments products and services and their collection and use of personal payments data. Comments must be received on or before December 6, 2021. .

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Technology Payments Company National 78

CFPB Monitor

SEPTEMBER 11, 2018

Blaine Luetkemeyer would significantly change data security and breach notification standards for the financial services and insurance industries. Most notably, the proposed legislation would create a national standard for data security and breach notification and preempt all current state law on the matter.

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National Industry Security Data 87

PYMNTS

MAY 10, 2019

prosecutors have charged a Chinese national for his alleged involvement in the 2015 data breach at health insurance company Anthem , which led to the theft of 78.8 million records. businesses.

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National Data Indianapolis Fraud 115

CFPB Monitor

NOVEMBER 30, 2020

For our financial services clients interested in monitoring important federal and state legal developments, Ballard Spahr has launched a comprehensive, national tracking service designed to serve the needs of specific segments of the consumer financial services industry. A brochure about the new tracking services is available here.

National 127

National Analysis United States Trends 127

PYMNTS

JANUARY 15, 2021

The use of QR codes is growing more popular in the United States, enabling consumers to instantly access information and easily pay on their smartphones without going through a URL entry. Some countries are catalyzing this growth through national mandates rather than leaving retailers to their own devices.

Retail 207

Retail Security Payments United States 207

PYMNTS

SEPTEMBER 20, 2020

national security, foreign policy and the economy. Like TikTok, WeChat automatically captures vast swaths of information from its users,” the executive order on WeChat said. This data collection threatens to allow the Chinese Communist Party access to Americans’ personal and proprietary information.”. Beeler said the U.S.

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San Francisco social media National Security 257

PYMNTS

APRIL 1, 2020

As individuals were beginning to seek COVID-19 benefits, hackers disrupted Italy’s Social Security internet site, per the leader of the welfare agency. Tridico said he notified authorities about the incident, which has brought into question the security of the country’s online infrastructure as it grapples with the COVID-19 crisis. “In

Security 141

Security National Report Retail 141

PYMNTS

JULY 6, 2017

A new United Nations (U.N.) survey on cybersecurity found Singapore is taking a close to perfect approach at the same time that rich countries have a lot of gaps in their security defenses when it comes to defending against cyberattacks. According to a news report in Reuters , citing the results of the survey, the U.N.

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National Survey Georgia Security 105

PYMNTS

JUNE 1, 2018

Estonia has shelved plans to develop its own national cryptocurrency after the idea prompted criticism by banking authorities and Mario Draghi, the Italian economist and president of the European Central Bank. billion in securities from Russia were processed through the Estonian financial system. In 2012, more than €7.3

cryptocurrency 124

cryptocurrency National System Report 124

PYMNTS

JULY 16, 2018

The Bureau of Consumer Financial Protection announced late last week it settled with the National Credit Adjusters , a private company, as well as its chief executive and part owner Bradley Hochstein. While Security Group said it disagreed with the CFPB, it agreed to pay the fine so that it could close the matter.

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National Security Groups Company 104

TheGuardian

SEPTEMBER 22, 2021

Merrick Anderson was called by someone posing as a member of Lloyds Bank’s fraud department Fraud in UK at level where it ‘poses national security threat’ Merrick Anderson lost almost £25,000 through an authorised push payment fraud in March.

Fraud 92

Fraud National Security Payments 92

PYMNTS

SEPTEMBER 17, 2020

Two individuals from Russia who were recently sanctioned by the Treasury Department purportedly put into place copycat websites for cryptocurrency exchanges that that tricked people into providing login information, CoinDesk reported. After that time, they purportedly stole ether, bitcoin and NEO to the tune of $20 million.

Bitcoin 178

Bitcoin ATM Security cryptocurrency 178

PYMNTS

JULY 10, 2020

In today’s top news, Marqeta prepares for an IPO, and Punjab National Bank was defrauded $491 million by one of its customers. Punjab National Bank Faces Third Major Fraud In As Many Years. Punjab National Bank shares fell by nearly 6 percent late Thursday (June 9) after it was defrauded of $491 million by one of its customers.

National 130

National Fraud Oakland Payments 130

CFPB Monitor

JULY 19, 2022

On July 13, 2022, the House Committee on Oversight and Reform, Subcommittee on National Security held a hearing entitled “Protecting Military Servicemembers and Veterans from Financial Scams and Fraud.” A recording of the hearing is available here. .

Fraud 78

Fraud National Security social media 78

PYMNTS

JUNE 13, 2019

It’s undeniably advantageous to the world economy, with a recent study finding that national digital ID systems could induce GDP growth of up to 13 percent. The Drawbacks of Complex Security. AI Solutions for Balancing Security and Convenience. Blockchain-Based Security Methods. More than 4.5

Security 129

Security blockchain San Francisco United States 129

PYMNTS

JANUARY 3, 2021

The recently discovered cyber attack on federal government agencies and companies handling data as sensitive as information regarding new nuclear weapons was run from servers within the United States, The New York Times reports. Sources told the Times it could be months or years before the full extent of the recent Russian attack is clear.

Company 319

Company US United States Virginia 319

PYMNTS

JANUARY 18, 2017

The National ATM Council (NAC) argued in testimony to the Committee on Consumer Affairs of the New York City Council last week that a proposed ordinance would impose costly and burdensome new security regulations on ATM operators all around the city. said Renard in the same press release.

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ATM National New York City New York 100

PYMNTS

FEBRUARY 21, 2020

In that role, El-Hindi will apply his FinCEN experience to “help lead the vision, design and development of the Treasury’s agency-wide data and information management strategies,” per an announcement. “As In the digital innovation officer role, he will work to engage with new financial innovations and technologies.

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Innovation National United States Leadership 250

PYMNTS

SEPTEMBER 12, 2018

But conducting business on connected devices is also creating new security gaps for fraudsters and other bad actors to exploit, wreaking havoc on customers and companies alike. The company exposed consumers’ full names, birthdates, addresses, Social Security numbers and even some 250,000 credit card account numbers.

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Security Study Report Data 100

PYMNTS

JUNE 16, 2020

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 Cyber Security Security National 227

PYMNTS

JULY 9, 2020

A new rule from the United Nations will require connected cars sold in Japan, South Korea and the European Union, among other places, to be protected against cyberattacks, The Wall Street Journal (WSJ) reported. Cybersecurity spending in the auto industry is set to almost double in the next decade, from $4.9 billion this year to $9.7

Security 146

Security United States Guidelines Texas 146

PYMNTS

OCTOBER 13, 2017

When the impact stretches across oceans, nations and demographics, though, and those affected number in the hundreds of millions, a sea change is a-swelling. How can they do that in an environment in which the security status quo is no longer appropriate? Equifax brings a few key questions to mind. That cat’s never coming back.

Industry 144

Industry Security eBook Data 144

PYMNTS

APRIL 28, 2016

Qatar National Bank (QNB) is looking into allegations that the names and passwords of many of its customers were compromised, Reuters reported on Wednesday (April 27). GB of leaked documents disclosed some customers’ bank information, telephone numbers and dates of birth. The Doha News website reported that 1.5

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National Report social media ATM 100

Abrigo

FEBRUARY 9, 2024

If approved as written, professionals involved in real estate closings and settlements will have to report information to FinCEN about non-financed residential real estate transfers to legal entities or trusts. residential real estate sector but safeguarding our economic and national security.” Know the red flags for money laundering.

Training 195

Training Fraud Trends Report 195

PYMNTS

JANUARY 10, 2021

10) that it has been hacked — and that potentially sensitive personal and commercial information may have been involved. The hackers breached security at "a third-party file-sharing service," the central bank stated in a news release. The Reserve Bank of New Zealand said Sunday (Jan. Our core functions remain sound and operational.".

Cyber Security 202

Cyber Security Security System Operations 202