A sophisticated hacking group in Eastern Europe with ties to banking Trojans like Carberp has now been linked to attacks waged against 16 U.S. retailers. Could U.S. banks be the next big targets?
Office supply retailer Staples says nearly 1.2 million payment cards were compromised in a malware attack that was confirmed back in mid-November. Find out how many stores were affected.
As recent incidents prove: Retail point-of-sale breaches are on the rise, creating greater payment card fraud headaches for banking institutions. How does the impact of these crimes compare to that of account takeover, check fraud, insider crimes and the emerging realms of virtual and mobile payments? Receive insights...
Part 1 - EMV Here We Come
If you squeeze a balloon in one place, it will expand in another. When we secure in-person transactions with EMV, the fraudsters will begin testing other channels of entry, and one of the least secure portals is that of card-not-present (CNP), online transactions. Many other regions have...
Mobile banking is growing out of its infancy and experts predict it will soon be the dominant banking and payments channel. However, with mobile operating systems and their varying support of security best practices, multiple new threat vectors are being introduced and many are already being widely utilized for...
U.S. card issuers and retailers agree tokenization has to be part of the country's EMV migration. But making investments in tokenization won't make sense for merchants until a universal, open standard for tokenization is developed.
Financial transactions on smart phones require layered security that helps outsmart cyberthieves, says Alan Dabbiere, chairman of AirWatch, who describes today's mobile challenges.
Payment solutions provider Charge Anywhere is warning merchants and cardholders of a data breach that may have exposed information related to payment card transactions dating back as far as Nov. 5, 2009.
As mobile threats have evolved, so has mobile security. What used to be the benchmark - mobile device management - today is merely the baseline. While organizations today develop mobile security maturity, they enhance not just device security, but also content, application and transaction security. Where does your...
A massive international operation has resulted in the arrest of 118 people suspected of using stolen card data to buy airline tickets, or using fake tickets, thanks to big data capabilities for combating crime.
Cybercriminals are perfecting the automated systems they use to verify stolen debit and credit card data by exploiting charitable websites. Learn why these sites are so-called soft targets for hackers.
Retailers cannot avoid innovation. Yet, cybercriminals thrive when retailers innovate. What, then, can retailers do to stop cybercriminals from breaching their defenses? Here are three key questions to answer.
At Information Security Media Group's Fraud Summit Dallas, security experts said banks should be bracing for a major overhaul of the payments infrastructure as emerging technologies hit the market.
Staples has confirmed that its retail point-of-sale systems were compromised earlier this year by malware-wielding attackers. Learn what two card issuers say about fraud tied to the breach.
While card issuers and payments acquirers are speeding up their EMV rollouts, Kate Larson of the Consumer Bankers Association says banks also should be implementing other technologies, including tokenization, in their efforts to fight fraud.
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