Steven Elefant Discusses the Breach, End-to-End Encryption
Steven Elefant joined Heartland Payment Systems as a consultant in November 2008. Two months later, the company announced it had been the victim of the biggest reported data hack in history.
Now CIO of Heartland, Elefant appeared at the BAI Retail...
Chase Bank customers in the New York metro area have been receiving bogus text messages claiming to be from the bank, asking for account information. A local New York television station reported the phishing attack last week, claiming that "tens of millions of dollars" have already been stolen by fraudsters.
"Give us your broke, your desperate, your unemployed." This is the tacit plea from fraudsters seeking to lure new "money mules" to enable their money-laundering schemes.
And the recruitment effort is working to the point that the Federal Deposit Insurance Corporation (FDIC) last week issued an alert to financial...
Allan Bachman has fought fraud since the early 1970s, and he's seen the crimes evolve in both sophistication and scale.
In an exclusive interview, Bachman, Education Manager for the Association of Certified Fraud Examiners (ACFE), discusses:
The evolution of fraud schemes;
The most common types of fraud seen...
Quick heads-up to those of you who will be in the Boston area this week: The BAI Retail Delivery Conference & Expo starts Tuesday at the Boston Convention & Exhibition Center. I'll be in attendance on Weds and Thurs, and I'd welcome the opportunity to meet you.
A computer technician has been indicted in New York Supreme Court, charged with stealing the identities of more than 150 Bank of New York Mellon employees and using them to steal more than $1.1 million from charities, non-profit groups and other entities.
Adeniyi Adeyemi, a 27-year-old man from Brooklyn, was...