A newly discovered vulnerability in Visa's contactless payment cards could allow fraudsters to bypass payment limits of 30 British pounds ($37) at U.K. banks, according to researchers at Positive Technologies, who claim the vulnerability could be exploited in other countries as well.
The scary fact is that human error is a contributing factor in more than 90% of breaches. With so many technical controls in place hackers are still getting through to your end users, making them your last line of defense. How are they so easily manipulated into giving the bad guys what they want? Well, hackers are...
Fraudsters continue to get new tricks up their sleeves. Criminals are increasingly using Apple Pay, setting up mobile call centers to socially engineer victims as well as tricking consumers via fake e-commerce sites that never fulfill orders, fraud-fighting experts warn.
Customer accounts are an integral tool to help merchants foster customer loyalty. But when login credentials are compromised, they present a unique opportunity for fraudsters to commit CNP fraud and steal customer PII. In 2018 alone, Account Takeover attacks resulted in over $11 billion in losses.
The fallout from...
Déjà vu basic cybersecurity challenge all over again: With the U.S. government warning that geopolitical tensions could trigger wiper-attack reprisals, security experts review the basic anti-wiper - and anti-ransomware - defenses organizations should already have in place.
Hackers appear to have accessed a new mobile payment app for 7-Eleven customers in Japan, taking about $500,000 from 900 customers over several days. Poor passwords and authentication designs by the company are likely to blame, according to media reports.
Criminal gangs have been hitting e-commerce sites hard lately by injecting their malicious code to "skim" customers' payment card details. In a recent twist, Malwarebytes spotted a malicious iFrame that steps in front of the normal payment process to intercept card details.
Vipin Surelia, Senior Director-Risk Services, Visa leads the India and South Asia team that ensures the safety and security of the VISA network, as well as internal and external products and services, including business continuity.
In this exclusive interview, Surelia will sit for a "fireside chat" interview in...
Law enforcement agencies in the U.S. and Europe have disrupted a malware attack platform called GozNym. Six suspects have been arrested in four countries and face local prosecution on fraud, money laundering or malware-writing charges. Five Russian suspects remain at large.
Over the years, the Federal Reserve has worked alongside the industry to pursue real-time, safe, highly secure, efficient, broadly inclusive and ubiquitous payment services in the U.S. The U.S. payments and fraud landscape continues to shift as technology evolves and new risks emerge. During this session, attendees...
Flat-out, traditional IAM practices are insufficient to secure a modern enterprise that relies on such diverse endpoints and connected devices. But API management can play a strong complementary role, says Jay Thorne of CA Technologies, a Broadcom company.