American Express
American Express slapped with £90,000 penalty for spamming customers
American Express (Amex), a New York-based financial services company was slapped with a penalty of £90,000 for spamming customers with unwanted marketing emails, despite their unsubscription from the service. The penalty was pronounced by the Information Commissioners Office (ICO) of the UK as the company directed over 4 million marketing emails to its customers […]
American Express acquires Mobile Security firm InAuth
American Express, widely known as AmEx has acquired a mobile security firm named InAuth for an undisclosed amount. The purchase was carried out by AmEx in a bid to boost the multi-layerd strategy of its mobile banking services to fight cyber fraud. American Express has already made a recent announcement that it’s planning to enhance […]
American Express Customer Data Compromised in Third-Party Service Provider Breach
In a concerning development for financial security, American Express has announced that its customers’ credit card information has been compromised in a data breach. The breach occurred through a third-party service provider, marking another significant event in a series of financial data security breaches affecting major companies. The Breach: A Closer Look The Amex breach […]