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Prosecutors Target Loosely-Regulated Business Lending Sector

PYMNTS

In an interview with NBC News, FTC Commissioner Rohit Chopra said, “We’re looking hard to make sure that those lenders aren’t adding to the misery and setting small businesses up to fail. Representatives of the companies either denied wrongdoing or declined to comment.

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FTC Warns About New Scam That Could Harm Merchants

PYMNTS

The Federal Trade Commission (FTC) reported that federal officials, consumer advocates and businesses are hearing from people who have responded to ads, websites, phone calls, text messages and visits from salespeople who claim the federal government will pay their bills in exchange for a fee and personal information.

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What to do if your company suffers a data breach

VISTA InfoSec

The Federal Trade Commission (FTC) recommends that companies notify law enforcement as soon as possible by contacting local FBI or U.S. It can also depend on state laws, so consulting with a dedicated law enforcement contact is recommended by the FTC. This must be done using the electronic notice forms online.

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PYMNTS Daily Data Dive: Encryption Edition

PYMNTS

Just when the news cycle appeared to indicate that the encryption debate had simmered a bit, the FBI director reminded everyone that the debate was, in fact, just starting. 4,000 | The number of devices that have been examined by the FBI in the past few months.

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GIACT: It’s Time To Fight Back Against Fraud

PYMNTS

According to the FTC, Americans issued over 200,000 complaints and lost more than $145 million in COVID-related scams alone. Particularly stunning this year was the volume of business email compromise (BEC) attacks, which, according to the FBI, is already a $2 billion-a-year business.

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Zuckerberg Suspended Facebook Share Sale In Q4

PYMNTS

Federal agencies — including the Securities and Exchange Commission (SEC), the FBI, the Department of Justice (DOJ) and the Federal Trade Commission (FTC) — are looking into the breach, and Zuckerberg was grilled on Capitol Hill about it over the course of two days.

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IBM CEO Latest To Pile Onto Big Tech

PYMNTS

Securities and Exchange Commission (SEC), Federal Bureau of Investigation (FBI), Department of Justice (DOJ) and Federal Trade Commission (FTC). As a result, the scandal is being investigated by the U.S. The company was also hit last month with a $644,600 fine in the U.K.