Fraud & Security

A phishing attack targeting Blue Cross/Blue Shield of Minnesota proved highly successful—until the FBI finally caught the criminals four years...

Banks allocate significant resources to fighting fraud, both in prevention and in maintaining reserves for potential losses. No matter how...

Authorized Push Payment (APP) fraud has been notoriously difficult to fight against because it involves consumers voluntarily transferring assets to...

In what could be the most significant advancement in artificial intelligence-driven cybersecurity yet, Mastercard has announced the acquisition of global...

Criminals are increasingly targeting consumers directly, but that doesn’t mean the threat to merchants has abated. In triangulation fraud, for...

Ransomware is a worldwide phenomenon, with some of the most dangerous malefactors coming from regions like Russia. Unsurprisingly, many cybercriminals...

Slim CD, a processing gateway that handles credit card payments for U.S. and Canadian merchants, revealed it was hit by...

Crypto phishing attacks declined somewhat last month, but they became far more costly, with thousands of victims collectively losing $66...

In 2022, Midwest convenience store chain Kwik Trip partnered with Coinsource to begin installing automatic teller machines that dispense bitcoin....

The former CEO of a Kansas bank embezzled millions from the organization and wired the funds to criminals in a...