Remove 2019 Remove National Remove Security
article thumbnail

2019 To See Increase In Nation-State Cyberattacks, Ransomware

PYMNTS

According to one security expert, the answer is, unfortunately, yes. companies should expect to see a rise in breaches in 2019, “as chronically improving malware will be deployed more aggressively on more fronts.” Ackerman also warned that another wave of ransomware is expected to hit in 2019.

National 192
article thumbnail

Two Chinese Nationals Charged With Laundering $100M In Crypto

PYMNTS

Two Chinese nationals were charged by the U.S. and unsealed on Monday (March 2), Tian Yinyin and Li Jiadong allegedly laundered cryptocurrency stolen by North Korean hackers between December 2017 and April 2019. national security,” said Don Fort, chief, IRS-CI. “We The defendants operated in the U.S. In January, the U.S.

National 142
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

WhatsApp Reported 12 Vulnerabilities In 2019

PYMNTS

WhatsApp, which boasts end-to-end encryption and high-level security, disclosed 12 vulnerabilities in 2019, seven of which were described as critical, according to a report by the Financial Times. National Vulnerability Database, which is run by the U.S. The fact that they found?…?serious

Report 130
article thumbnail

OFAC Symposium 2019 – Maximum Pressure and Who’s Feeling It

Abrigo

foreign policy and national security goals to secure the global financial system and protect the United States from the threats of terrorism, human and drug trafficking, and economic damages. The post OFAC Symposium 2019 – Maximum Pressure and Who’s Feeling It appeared first on Abrigo.

article thumbnail

EY Says Wirecard Gave False Statements During 2019 Audit

PYMNTS

The company was involved in deliberate deceit and had given false statements on escrow while EY was carrying out the 2019 audit of the company, which EY took to the relevant authorities, Reuters reported. billion on its books that may not exist. The matter concerns the $2.1

Fraud 256
article thumbnail

Deep Dive: Reducing The Security Risks Of Open Banking

PYMNTS

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. billion such attacks between December 2017 and November 2019, 16.55 There were 85.42

Security 240
article thumbnail

Report: Crypto Fraud Losses Reach $4.4B In Q3 2019

PYMNTS

Looking back at 2019, and at cryptocurrencies, we may well make the declaration that fraudsters got a lot more brazen … which may mean 2020 is the year lawmakers and regulators clamp down through a global, concerted effort to root out financial crime. million, was the lowest tally seen in years. A Grander Stage.

Fraud 130