Banks can help combat fraud targeting consumers by verifying the accuracy of transactions, educating the public, and maintaining strong controls and fraud monitoring capabilities, Acting Comptroller of the Currency Michael J. Hsu said. Speaking Wednesday (July 10) during the Financial Literacy and Education Commission’s Public...
Interpol — short for the International Criminal Police Organization — may be familiar to readers as a staple of spy and action movies … where the police join forces around the globe to stop the bad guys in their tracks. And, as detailed in a...
When it comes to securing payments, one can never be too safe. As digital transactions increase and technology advances at breakneck speed, so do the tactics of cyber adversaries. Within the changing cyber threat landscape, few sectors are as dynamically challenged as the payments industry...
OpenAI was reportedly hacked last year, raising security fears at the artificial intelligence company. The hacker accessed the company’s in-house messaging system and made off with details about its artificial intelligence (AI) technology, the New York Times reported Thursday (July 4), citing two sources familiar...
Millions of Apple’s smartphone and computer/laptop apps were reportedly exposed to a security breach. The breach could be used for potential supply chain attacks, ArsTechnica reported Wednesday (July 3), citing research from EVA Information Security. The exploit was uncovered in CocoaPods, an open-source repository used...
A patient affected by a “data security incident” involving Pennsylvania-based health system Geisinger has filed a class-action lawsuit against the company. Geisinger’s IT vendor, Microsoft-owned Nuance, determined that a former employee may have accessed the personal information of 1 million Geisinger patients, according to a...
CDK Global is reportedly restoring its systems that were hacked and expects to have all the car dealerships using its platform live by the morning of July 4. “We are continuing our phased approach to the restoration process and are rapidly bringing dealers live,” said...
It is almost July Fourth, and summer holiday travel is about to enter its peak season. But despite the sunshine and blue skies, Americans planning to buy a new car for summer excursions may be looking at decidedly cloudier weather. That’s because, a full week...
Can the angle at which you hold your phone help your bank protect against scams? National Australia Bank seems to think so. Speaking during the Australian Banking Association Conference in Melbourne Wednesday (June 26), CEO Andrew Irvine said the lender introduced more “friction” to payments...
