Tinba, which has been linked to attacks in the U.S., Canada and Europe, is now targeting bank accounts in Russia, according to a new report from Dell SecureWorks. Researcher Brett Stone-Gross tells why Tinba is unusual and can be tough to detect.
Even though the U.S. is migrating to the EMV chip, Visa is still stressing the need for merchants to comply with the PCI Data Security Standard, says Eduardo Perez, the card brand's senior vice president of payment risk, in this video interview.
Will LaSala of VASCO Data Security explains in this video interview how banks can provide good customer service while at the same fortifying mobile banking security.
While sophisticated cyberattacks and high-profile mega-breaches get most of the attention, European fraud experts say less sophisticated attacks are far more common and pose a greater fraud risk. At ISMG's Fraud Summit in London, they called for global collaboration to fight fraud.
Bob Carr, CEO of Heartland Payment Systems, contends that not enough progress has been made in improving payments security in the seven years since the processor experienced a massive breach. Find out why he argues that retailers and processors still have much more to do.
The landscape of corporate and retail payments across channels such as mobile and online, and including emerging products such as Apple Pay provide both customer convenience and satisfaction. Yet, these new channels and technologies also create opportunities for fraudsters to exploit. In this session we'll present...
U.S. merchants that have not yet completed their migration to EMV should brace for upticks in chargebacks from international card issuers, says Gord Jameison, head of Canadian risk services for Visa, in a video interview.
Target - the nation's second-largest discount retailer and best-known data breach poster child - has begun issuing its house-brand REDcards with chip and PIN. The move comes as the majority of card issuers have opted for chip and signature, which some security experts warn is a weaker choice.
The future of payments security hinges on a combination of factors, including widespread use of the EMV chip, tokenization and encryption, as well as near real-time payments, says Liz Garner, vice president of the Merchant Advisory Group, a featured speaker at ISMG's Fraud Summit New York on Oct. 20.
Convenience store operators say they aren't going to be fully EMV compliant anytime soon - and it's not their fault. Learn what else they had to say about their security challenges at this week's NACS Show 2015 in Las Vegas.
An alert issued - and then yanked - by the FBI about fraud vulnerabilities linked to EMV chip cards is reigniting the debate between bankers and retailers over whether EMV in the U.S. should be chip-and-PIN or chip-and-signature.
NACS attorney Doug Kantor says small businesses are getting a raw deal from the card brands when it comes to expectations for EMV migration. The expense is too high, and the fraud-reduction benefits too low to make EMV worthwhile, he argues.
When it comes to healthcare payments, fraud tends to come in two flavors: Organized and opportunistic. What are the biggest gaps in detecting and preventing these schemes? IBM's Robert McGinley shares insight.
In an interview about fighting back against the newest healthcare payments fraud schemes, McGinley...
One week after the EMV fraud liability shift took effect for U.S. merchants, experts say much more needs to be done to prepare merchants for chargebacks and new socially engineered scams aimed at exploiting consumers.
Prosecutors recommended that twin brothers Muneeb and Sohaib Akhter serve a six-year and a two-year sentence, respectively, after pleading guilty to hacking-related charges. But one of the men received a much lighter sentence.
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