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Cyber Crimes Payment Processors

Troutman Pepper

Nacha Approves New Rules to Combat Credit-Push Fraud

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On March 18, Nacha, the organization that governs the ACH network, announced that its members approved a new set of rules aimed at reducing the incidence of frauds, such as business email compromise (BEC), that exploit...more

Orrick, Herrington & Sutcliffe LLP

Credit union to pay $558,000 in cyber fraud case

On January 12, the U.S. District Court for the Eastern District of Virginia ruled that a credit union (defendant) is responsible for $558,000 in compensatory damages for processing a payment order that was allegedly induced...more

King & Spalding

FBI Sounds Alarm on Cyber Attacks Against Healthcare Payment Processors

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On September 14, 2022, the Federal Bureau of Investigation (FBI) issued a Private Industry Notification (Notification) warning the industry regarding increasing cyber-attack activity against healthcare providers and payment...more

Robinson+Cole Data Privacy + Security Insider

Crime-as-a-Service Targets Popular Platforms

It’s getting difficult to keep up with the jargon of all of the new digital scams. The SaaSes in the beginning became regular business terms, such as Software-as-a-Service (SaaS), and Business Processes-as-a-Service (BPaaS)....more

Robinson+Cole Data Privacy + Security Insider

On the Border Restaurant Suffers Data Breach

Last week, the Tex-Mex restaurant chain On the Border suffered a data breach that impacted its payment acceptance systems in 27 states. The restaurant says that some credit card information of customers who visited the chain...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - December 2017 #2

Robinson & Cole LLP on

$64 Million in Bitcoin Stolen from NiceHash - Many are lamenting not purchasing bitcoin now that its value has skyrocketed. Recently, Massachusetts Secretary of State William Galvin warned investors to stay away from...more

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