Data security

Agencies are examining regulating cybercurrencies not named bitcoin; is Paul Achleitner to blame for the German bank’s problems?

Acting CFPB Director Mick Mulvaney told a group of bankers last week that he intends to end public access to complaints, but Sen. Elizabeth Warren and two other Democrats argue that would be a mistake.

Since taking office in November of last year, acting Consumer Financial Protection Bureau Director Mick Mulvaney's actions have sparked outrage from his critics seemingly at every turn, including several times just last week.

In addition to changing the name of the Consumer Financial Protection Bureau, the acting director wants to also nix public complaints; the good, bad and ugly in Zelle's ascendance; a case study for digital outage recovery; and more from this week's most-read stories.

More fraudsters are seeking out children for identity theft, highlighting another danger of the digital economy.

Companies that handle sensitive customer data have even more to worry about when making an acquisition. Not only do they have to be sure the acquired company has good security, but they can't let their guard down even after the acquisition closes.

John Chiang says the bank “reeks of betrayal” a day before the bank’s annual meeting; the former chair of the CFTC has doubts about cryptocurrencies.

Dubai-based ride-hailing app Careem Networks FZ has revealed a cyber incident in January where hackers gained access to systems that hold customer and driver account data.

The agency's acting chief said hundreds of data breaches justified a halt on collecting information from firms, but experts question that logic.

With new data breaches becoming public on an almost routine basis, it’s no surprise that our findings revealed that consumers are starting to favor safety over speed and ease of checkout, writes Joseph Daly, COO of Paysafe Payment Processing in North America.

The bank faces June 15 AML compliance deadline; the features that make Zelle popular with customers entice thieves.

SunTrust let about eight weeks pass before telling the public that data tied to 1.5 million customers had been stolen.

The news of the data breach cast a shadow over relatively strong first-quarter earnings for the Atlanta bank.

PCI compliance can't solve all security problems. EMV, encryption are all necessary to protect merchants from data breaches, writes Jeff Zimmerman, COO of Clearent.

The firing happened in 2013 after the staffer gained access to emails from top executives and shared them outside the company, according to a news report.

It's too soon to tell whether a new button would replace Visa Checkout and Masterpass as brands. It's also unclear why consumers would choose another new payment option over the many options available today — such as PayPal.

WebAuthn could eventually mean passwords are replaced with fingerprints and facial recognition. But how hard will it be to implement?

The Senate is expected to pass a bill that would ax controversial guidance on loans at car dealerships; lower tax rate may have skewed year-on-year comparisons.

Whether due to costs, growing cyber threats or other factors, a growing number of credit unions are outsourcing an important C-level security role.

Whether the threat stems from technology or human nature, fraudsters are exploiting any opening they can.