PYMNTS

JUNE 16, 2020

In addition, National Security Institute Founder and Executive Director Jamil Jaffer suggested that the Secret Service be moved to the Treasury Department from the Department of Homeland Security (DHS) and to give it further investigative authorities and resources, among other recommendations.

Cybersecurity 90

Cybersecurity Money Laundering Treasury FBI 90

PYMNTS

MARCH 7, 2016

Apple, the beloved creator of such devices as the iPod, the iPad and, of course, the game-changing iPhone, has come under scrutiny lately from, of all places, law enforcement agencies. They did not list a specific instance. ” Last month, the U.S. ” Last month, the U.S.

Law Enforcement 40

Law Enforcement FBI Encryption Laws 40

PYMNTS

SEPTEMBER 11, 2019

This is not the first time the FBI has sounded a warning about business email compromise. The numbers come from the FBI’s annual Internet Crime Report , which detailed that the use of social engineering, emails and other methods to get victims to wire money to fraudsters was a lucrative business. Fraud Trends. billion in 2018.

Scams 65

Scams Email Compromise Compromise Wire 65

PYMNTS

MAY 25, 2016

Apple’s encryption battle against the FBI may have simmered down, but Apple is not backing down on further bolstering the security of its devices. Callas’ appointment comes just weeks after the FBI spent $1.34 and Silent Circle, Reuters reported. Apple doesn’t seem to have any intentions of budging, of course.

Encryption 40

Encryption FBI Law Enforcement Compromise 40

PYMNTS

JUNE 18, 2018

In October 2013, the marketplace was shut down by the FBI, and Ulbricht was apprehended, arrested and given a sentence of life in prison without parole. Last week, the U.S. They don’t have s–t on me,” he said at the time. I’m not going [to the U.S.]. It’s an impossible circumstance.”.

Money Laundering 46

Money Laundering Law Enforcement FBI Crime 46

PYMNTS

OCTOBER 24, 2019

The ongoing debacle includes allegations against company CEO Michael Mann, who was arrested by the FBI Sept. Mann told law enforcement authorities that MyPayrollHR was legitimate, but he admitted to creating other “companies that had no purpose other than to be used in the fraud,” according to the court filing.

Payroll 41

Payroll Law Enforcement FBI Non-Bank 41

PYMNTS

FEBRUARY 13, 2019

That fact, documented via testimony at Guzmán’s trial, points to changes in how international suppliers of illegal drugs move their earnings and make them clean in order to protect those gains from law enforcement. Criminals can direct federal or state tax authorities to issue fraudulent tax refunds on prepaid debit cards.”.

Money Laundering 58

Money Laundering Debit Card Cross-Border BSA 58

PYMNTS

DECEMBER 26, 2019

The cat-and-mouse game between law enforcement and code-abusing felons is entering a new year, and a new phase. Meanwhile in China, the Alibaba Anti-Counterfeiting Alliance (AACA) used AI to scan for fake accounts, which in turn led Chinese authorities to shut down a reported 500 knockoff shops. It’s all a moving target.

Fraud Detection 52

Fraud Detection Bots Law Enforcement AI 52

PYMNTS

DECEMBER 13, 2018

As digital payments become more global, and as the global digital economy continues to grow like a child in a growth spurt, that results in a “target-rich environment” for criminals — where confusion over which law enforcement agency can do what plays in favor of those fraudsters. That’s the tricky thing.

Fraud Prevention 64

Fraud Prevention Issuers Verification Credit Cards 64

PYMNTS

JUNE 12, 2018

Federal authorities including the Department of Justice and the FBI announced Monday (June 11) that law enforcement arrested 74 people in the U.S. Law enforcement also seized close to $2.4 Local and state law enforcement teamed up with the FBI, as did attorneys general offices, to provide assistance.

Email Compromise 60

Email Compromise FBI Compromise Scams 60

PYMNTS

OCTOBER 27, 2017

states, although law enforcement officials believe the threats are empty. This week saw warnings from both the Department of Homeland Security and the Federal Bureau of Investigation (FBI) that sophisticated hackers are targeting nuclear, energy, aviation, water and critical manufacturing industries, as well as government entities.

AI 46

AI Account Takeovers Payment APIs and Integration FBI 46

FICO

JANUARY 10, 2023

We heard about taxi and fast-food scams where customers were distracted as large sums were being entered into card machines prior to PIN entry, as well as many variations on authorized push payment fraud. It will also enable customers to be more proactive in stopping transactions the moment they realise their card has been lost or stolen.

Scams 52

Scams Posting Push-to-Card Compromise 52

PYMNTS

NOVEMBER 17, 2019

Sources told Reuters that the international police organization made the decision at its conference in Lyon, France last week to release a version of the resolution introduced by the FBI in the hopes of getting companies to give law enforcement access to user communications when needed. But not everyone agrees with the move.

Encryption 43

Encryption Law Enforcement FBI Government 43

PYMNTS

AUGUST 8, 2019

The FBI has been collecting proposals from vendors to pull data from social media companies “to proactively identify and reactively monitor threats to the United States and its interests.” . There’s an Aug. 27 deadline for the bids.

FBI 47

FBI Law Enforcement Privacy Laws 47

PYMNTS

MAY 15, 2017

In May of 2016, the FBI reported that ransomware would top $1 billion that year — they estimated $1.6 Federal law enforcement authorities and internationally renowned independent security organizations also point to bitcoin as one of the major reasons that cybercrimes, especially ransomware, have taken off.

Bitcoin 62

Bitcoin Ransomware Multi-Currency Regulations 62

CB Insights

MAY 23, 2019

Holmes and former Theranos COO Balwani’s trial has been delayed due to arguments over the scope of trial evidence, currently estimated to comprise millions of pages of documents across more than 4 terabytes of data seized by law enforcement. In April 2000, Stanley surrendered to authorities. The Outcome. The Outcome.

Online and Mobile Banking 78

Online and Mobile Banking Wire Wires Push-to-Card 78

PYMNTS

APRIL 7, 2016

The Apple-FBI encryption saga appears to be tempered — for now — but the debate about what role the federal government has on the subject is just getting started. What this means is that those battles between the DOJ, other law enforcement officials and the tech companies like Apple will likely continue.

Encryption 40

Encryption Law Enforcement FBI Laws 40