Security & Fraud

News
Feds Arrest Hackers With Suspected Insider Trader Ties
August 12, 2015

U.S. authorities shut down a suspected insider-trading ring, which cybercriminals fueled with sensitive information stolen from corporate press releases before they became public, Bloomberg reported yesterday (August 11).

Fraud Experts Find Chip Card ATM ‘Shimmer’
August 12, 2015

The technology behind EMV chip cards may have just found its first match. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

News
Hackers Breach Discount eTailer
August 12, 2015

Fred’s Inc., which operates over 650 discount merchandise stores, disclosed on Monday (August 10) that there was unauthorized access to two of its servers on which payment card data is routed.

News
Mobile-Money Apps’ Security Flaws Exposed
August 12, 2015

While the rise in mobile-money services in emerging markets is promising, due to the ability to bring financial services to those who otherwise may not have access, new research shows these apps may also come with major security risks.

Health Care Industry Fraud Gets Personal
August 12, 2015

Stealing credit card data suddenly seems so last year. Today’s sophisticated cybercriminals see real potential in the juicy details associated with patient information: Social Security numbers, emails, addresses and phone numbers. Philip Andreae, Vice President, North America, at Oberthur Technologies, and MPD CEO Karen Webster...

Will Data Sharing Stop Data Breaches?
August 11, 2015

When MPD CEO Karen Webster kicked off Retail Reinvention 2015 last week (Aug. 4-5), she reminded the room of industry innovators from across the retail, payment and commerce landscape they had a front row seat to the reinvention of retail. Get the Full Story Complete the form to unlock...

CA Technologies Sees Need for Additional CNP Safeguards
August 11, 2015

As eCommerce surges, and EMV gathers steam, so too will hacking attempts on CNP activity. CA Technologies says additional layers of security are needed, in real time, to weed out risky transactions.

News
Cyber-Espionage Group Targets Corporate Exec With Hotel Hacking
August 11, 2015

A cybercrime syndicate known as “Darkhotel” has found a way to use exploits stolen from Hacking Team to steal data from corporate executives staying in luxury hotels. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

News
Alibaba Tailors Counterfeit Reporting To Western Brands
August 10, 2015

Chinese eCommerce giant Alibaba has launched a new English version of its counterfeit reporting system after facing criticism for being soft on counterfeit sellers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...