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Google is suing over 25 individuals linked to Lighthouse, a phishing service that enables scammers to impersonate trusted brands and steal payment card data via text messages. The suit aims to disrupt a network known for targeting over a million victims worldwide, using sophisticated tactics to enroll stolen card information into mobile wallets.
Self-Help Credit Union is suing Fiserv for allegedly misleading clients about its security measures, claiming it falsely represented the use of two-factor authentication. The lawsuit highlights a discrepancy between what Fiserv billed for and what it actually provided. This case adds to a series of legal challenges facing the payments processor.
Coupang's CEO, Park Dae-jun, resigned following a data breach that exposed 33.7 million customer accounts. The company is facing a class-action lawsuit in the U.S. and has come under scrutiny from South Korean authorities for its security practices.