While mobile payments transform financial life in many less developed countries, retailers and payment providers in the U.S. and Europe are still trying to find the right incentives to drive adoption. The added convenience of mobile ...
Tags: Mobile Payments, credit cards
Personal lines insurer Allstate Insurance Company has filed a $6.6m lawsuit against 47 durable medical supply entities and their respective individual owners in the US District Court for the Eastern District of New York. The 80 New York ...
Pirate Bay co-founder Gottfrid Svartholm Warg has been sentenced to two years in prison by a District Court in Sweden for multiple data intrusions, attempted aggravated fraud and aggravated fraud. The verdict against Svartholm Warg and ...
Tags: Pirate Bay, Hacking
Two U.S. lawmakers have introduced a bill that would prevent the Department of Justice from prosecuting people for violating terms of service for Web-based products, website notices or employment agreements under the Computer Fraud and ...
Tags: Computer Fraud, Aaron's Law, CFAA
SAP has significantly improved the security of its products over the past few years but many of its customers are negligent with their deployments, which exposes them to potential attacks that could cripple their businesses, according to ...
Tags: SAP Security, HTTP Services
Yahoo has received between 12,000 to 13,000 requests for user data from law enforcement agencies in the U.S. between Dec. 1 and May 31 this year, the company said Monday. The most common of these requests concerned fraud, homicides, ...
Tags: Yahoo, User Data, Law Enforcement Agencies
Software AG is building out its portfolio of CEP (complex-event processing) software with the acquisition of Apama from Progress Software, in the second CEP-related deal this week. Terms of the deal, which was announced Thursday, were ...
Tags: Software AG, CEP, Progress Software
Alegeus Technologies has partnered with corporate payment solutions provider, WEX, to launch a new virtual card payment method for the post-adjudication claims market. Designed to serve as an alternative to automated clearing house (ACH) ...
Tags: Alegeus, Virtual Card Payment
Domination of digital technologies will influence CIO technology priorities, which would increase the influence of analytics Business analytics is expected to reach 50% of potential users by 2014, according to a new report from Gartner. ...
U.S. federal prosecutors charged eight people on Wednesday in connection with a multimillion-dollar fraud that siphoned money from hacked accounts at banks and financial institutions, laundered it and sent it overseas. The cover page ...
Tags: Cybercrime, US
Law enforcement agencies in the U.S., Vietnam and the U.K. have disbanded a ring that allegedly sold online credit card details since 2007. The ring, which sold the credit card information through two websites, is said to have caused over ...
Tags: Computer Products, Hackers, Credit Card
Applied DNA Sciences, Inc., a provider of DNA-based anti-counterfeiting technology, anti-theft and product authentication solutions, announced that it will display at a Sample Booth sponsored by U.S. Department of Commerce's Office of ...
Tags: Textile
Microsoft and the FBI have taken aim at a botnet network based on malware called Citadel that is held responsible for stealing people's online banking information and personal identities. The company, however, warned that because of ...
Tags: Computer Products, Microsoft
Savvy, confident organized retail crime gangs - who steal billions of dollars worth of merchandise each year only to sell that merchandise online or at physical fence locations – continue to test retailers to the core, oftentimes ...
Tags: Retailers, Retail Crime, Apparel&Accessories
Porsche’s former chief financial officer has been convicted of credit fraud by a German court in a criminal case relating to a failed 2009 bid by the sports car maker to buy Volkswagen. Bloomberg reports Holger Haerter was convicted ...
Tags: Porsche, Fraud, Volkswagen Bid