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ZDNet Security
BlockFi found to have operated for 18 months as an unregistered investment company, and given 60 days to remedy.
Bleeping Computer
SitusAMC, a company that provides back-end services for top banks and lenders, disclosed on Saturday a data breach it had discovered earlier this month that impacted customer data. [...]
Graham Cluley
Are you eager for your credit report to be "cleaned-up" so lenders and landlords will have a better opinion of your financial responsibility and creditworthiness? You might be wise to read my article on the Hot for Security blog.
Bleeping Computer
Mortgage lenders and related companies are becoming popular targets of ransomware gangs, with four companies in this sector recently attacked. [...]
The Register
Expands into a sector so toxic many won't touch it Supposedly ingenious schemes to revolutionize the finance industry with crypto are not hard to find – nor are their failures. And scarcely a day passes on which a cryptocurrency venture's infosec is not found wanting. That sad situation is causing financial institutions sufficient pain that Mastercard thinks the time is ripe for a service that helps lenders to understand if their customers' crypto purchases are dangerous.…
The Register
Note to self: Lenders don’t need the contact list on your mobile device Almost 300 apps, downloaded by around 15 million users, have been pulled from the Google Play and Apple App stores over claims they promised quick loans at reasonable rates but then used extortion and other predatory schemes against borrowers.…
Krebs on Secuity
What's worse than finding out that identity thieves took out a 546 percent interest payday loan in your name? How about a 900 percent interest loan? Or how about not learning of the fraudulent loan until it gets handed off to collection agents? One reader's nightmare experience spotlights what can happen when ID thieves and hackers start targeting online payday lenders.