PYMNTS

JUNE 26, 2017

The normal demand for decrypting one’s files is a few hundred dollars, in return for which victims get back access to their hijacked computers. Currently the malware has caught the FBI’s attention. SamSam ransomware attacks are up — and the attackers are getting more demanding. MSIL or Samas.A

Ransomware

PYMNTS

NOVEMBER 28, 2018

The Wall Street Journal viewed internal emails that showed Facebook employees had discussed pushing some advertisers to spend more in return for more access to user data. As a result, the scandal is being investigated by the SEC, the FBI and the Justice Department.

FBI

PYMNTS

MARCH 22, 2016

Having those government computers hacked in return for roughly $730 in bitcoin. In fact, in 2015, the FBI received roughly 2,453 complaints related to ransomware malware attacks, which amounted to $24.1 Definitely a growing threat,” FBI Special Agent Chris Stangl told The Washington Post. The result?

Ransomware

Center for Payments

NOVEMBER 21, 2023

The FBI works to raise awareness of the types of scams that are common around the holidays and how you can protect yourself and your customers or members. The FBI reports, “Charity scam solicitations may come through cold calls, email campaigns, crowdfunding platforms, or fake social media accounts and websites.

Holiday Scams

PYMNTS

FEBRUARY 13, 2019

According to the FBI, “in complex TBML schemes, criminals move merchandise, falsify its value and misrepresent trade-related financial transactions, often with the assistance of complicit merchants, in an effort to simultaneously disguise the origin of illicit proceeds and integrate them into the market. Cash Endurance. Mexico border.

Money Laundering

PYMNTS

OCTOBER 10, 2018

One of the biggest problems with wire, particularly in the B2B payments space, is its target for fraud, and the Federal Bureau of Investigations (FBI) says instances of business wire fraud, commonly referred to as the business email compromise, are climbing. Thieves attempted to steal $5.3

Wire Transfer

PYMNTS

SEPTEMBER 17, 2018

That theft failed, however, and the money was returned by the recipient banks. According to information in the complaint supplied by an FBI computer scientist, “on the day of the unauthorized transfers, the subjects modified several files that formed components of the SWIFT Alliance Access software on the African Bank’s SWIFT server.

SWIFT

PYMNTS

MARCH 14, 2016

The hacking team in question is GhostShell, a collective that, in recent history, has gone after the FBI, NASA and the Pentagon. ” “In return, I hope other hackers and hacktivists take inspiration from this example and try to better themselves. And that’s just in the U.S. That was 2012.

FBI

PYMNTS

MARCH 30, 2016

This case has also involved the FBI, as the funds were from the central bank’s account with the New York Federal Reserve, which was eventually funneled into accounts in the Philippines and Sri Lanka. Wong confirmed he would return $4.63 “I have nothing to do with the forging of bank documents for the $81 million.

Money Laundering

PYMNTS

SEPTEMBER 9, 2019

million has been returned to the City of Unalaska in the wake of an investigation by federal authorities into business email compromise (BEC) fraud. .” The tax department also is reportedly looking at how such activities might be addressed by the Indian Penal code. As has been reported across news sites such as KUCB , the city paid $2.9

Business Email Compromise

PYMNTS

DECEMBER 18, 2019

Minnesota-based Caribou Coffee and other smaller chains are following suit by not only developing mobile order-ahead apps, but also by instituting rewards and loyalty programs, encouraging customers to return to their stores time and time again.

Innovation

PYMNTS

SEPTEMBER 9, 2016

For example, faster file exchanges also mean that returns can happen more rapidly, reducing some fraud risks. 2016, according to the FBI. billion, the FBI reported. While faster payments require heightened awareness and preparation for potential risks, they also equip these companies with capabilities to mitigate some risks.

Same Day ACH

PYMNTS

NOVEMBER 22, 2017

She disappeared like this often, said Johnson, leaving for days at a time with no notice, no explanation, and no promise to return soon – or at all. He was pulling in a cushy $160,000 per week filing one tax return every six minutes. In case you ever wondered why your tax returns are delayed every year: this is why.

Account Takeovers

Fintech Labs Insights

OCTOBER 27, 2015

I just returned from 10 enjoyable days with family and friends in three U.S. Family integration : Adding family members to your account should be like connecting on social media not going through an FBI background check. cities (1). I’m still amazed at how the smartphone has made traveling so much easier.

FBI

PYMNTS

AUGUST 14, 2018

Borrowers will also have the ability to cancel a loan and return all funds within 72 hours of agreeing to the loan – and consumers can repay a loan at any time, without penalty and with a guarantee of being paid back pro-rated fees and interest. Kyle Koehler (R), a bill sponsor, said prior to passage.

CFPB

CB Insights

JULY 23, 2020

While many office workers are still working from home , others across the world are now beginning to return to their offices in person for the first time in months. However, in the US, 2 out of 3 workers still feel uncomfortable returning to the workplace, according to a Qualtrics study.

Posting

PYMNTS

JULY 17, 2020

The FBI is investigating the worst security breach in Twitter’s 14-year history, as hackers commandeered more than 100 high-profile accounts, The Wall Street Journal reported. On Thursday (July 16), PYMNTS reported the U.S.

FBI

PYMNTS

MAY 25, 2018

You wouldn’t have to be James Bond or Dick Tracy or the head of the FBI” to know that breast augmentation is “a popular thing.”. No Return for Easy Returns? : “Women want to project a figure,” said L Brands CEO Les Wexner, 80, in a recent interview in the Financial Times. Not for Amazon’s consumers.

Economy

FICO

OCTOBER 12, 2020

Fraud rates remained high through May, and eventually returned to near-normal levels in June. These numbers provide an indication of just how much fraudsters took advantage of the changing consumer spending behaviors early in the pandemic.

Volume

PYMNTS

OCTOBER 16, 2017

The FBI reports that some $28 million in losses were reported to them in 2016, triple what they say they saw in 2015. It’s hard to imagine a money launderer or terrorist emailing the FBI to let them know they were hacked and lost money. Even the wallets that store bitcoin are vulnerable. But that’s only what’s reported.

Cryptocurrency

CB Insights

NOVEMBER 9, 2017

By the time NSL tried to return to its core home energy audit skills and jettison its downstream installation businesses, many of the VC investors had chosen to stop investing in NSL, despite their earlier entreaties for growth at all costs. The company also found itself confronted by conflicting energy program mandates and regulations.

Online and Mobile Banking