The hackers who attacked Target Corp and compromised up to 40 million credit cards and debit cards also managed to steal encrypted personal identification numbers (PINs), according to a senior payments executive familiar with the situation. One major U.S. bank fears that the thieves would be able to crack the […]
Frauds & Scandals
SEC warns investors against patronizing illegal operators
The Securities and Exchange Commission has warned members the public against patronizing illegal capital market operators. The Commissioned averred that investors should always consult the list of registered capital market operators on its website to ascertain their authenticity of any operators before entrusting their hard – earned money to such […]
EU regulators open lengthy probe into Telefonica, KPN deal
EU antitrust regulators opened on Friday an in-depth probe into Telefonica’s (TEF.MC) (O2Dn.DE) proposed 8.6 billion euro ($11.9 billion) takeover of KPN’s (KPN.AS) German unit, saying the deal may reduce competition in the German mobile market. Spanish telecoms provider Telefonica’s takeover of KPN’s E-Plus will put it on par with […]
