New Wave of Fraud Threatens Financial Systems: Payday Loans

IntelCrawler, an InfoArmor company, warns of a new wave of fraud that threatens financial systems. Payday loan services hold valuable information, tempting thieves and hackers to break in. To make matters worse, these companies have links to debt collectors, credit-scoring companies, and shares data between other loan service and lead generators; putting people who haven’t even taken loans out at risk. Read Bloomberg Business’ article for more details on the newly exposed breaches and how damaging it can be:


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