Instead of installing skimmer devices onto an ATM, new Russian thieves could turn the whole ATM into a skimmer itself. Discovered in 2009, Skimer was the first malicious program to target ATMs, and now, the cybercriminals have resurfaced, reusing the malware as an advanced threat to banks and their customers around the globe. Kaspersky Lab…
Verifone is set to provide comprehensive EMV-ready Payment as a Service solutions certified for Microsoft Dynamics AX for Retail and Commerce solutions. In addition to Payment Card Industry (PCI) compliance, merchants are challenged by the expensive and time consuming process of certifying their point of sale (POS) software with processors in order to support EMV.…
In 2016, every business is a digital business. Traditional businesses will be vulnerable to disruption, and emerging industries will face new threats. With cyberattacks costing businesses about half a trillion dollars – conservatively – in 2015 alone. What does 2016 hold?
Cybersecurity will be a focus of the upcoming presidential election as organized crime rings continue to expand and terrorism shifts online. Retailers will continue to fall victim to attacks and suffer millions in losses and debts, leading to more lawsuits.
Compared to other underground communities in other regions, the cybercriminal underground in North America isn’t as hidden or exclusive.
More than 90 million attempted cyber attacks across industries were launched in the third quarter, representing a 20% increase over the previous quarter. Fraudsters are now using bots and botnets to run massive identity testing sessions in order to penetrate fraud defenses.
Dozens of U.S. cities had chargeback rates that exceeded the 1% threshold set by Visa and MasterCard. Within the Northeast region, there are 10 cities/ZIP codes with the highest chargeback statistics.
New stunning research shows the average estimated price for stolen credit and debit cards: $5 to $30 in the United States; $20 to $35 in the United Kingdom; $20 to $40 in Canada; $21 to $40 in Australia; and $25 to $45 in the European Union. Also, bank login credentials for a $2,200 balance bank account selling for $190.
The Retail Industry Leaders Association (RILA) says when it comes to the EMV migration banks and credit unions are not meeting the retail investment with the same commitment to consumer protection.
Verifone and Aava Mobile have unleashed the first handheld mobile point of sale (mPOS) solution powered by Intel to deliver a flexible, long-lasting EMV-ready mPOS solution for enterprise retailers.
While mobile devices are considered more secure than desktops to a certain degree, mobile apps on these devices can be a mess at times, so consumers must exercise caution when booking travel or purchasing tickets via these apps this summer.
The latest hacking victim is TX-based Sally Beauty stores. The company says it is currently investigating reports of unusual activity involving payment cards used at some of its U.S. Sally Beauty stores.