Security & Fraud

CVS Confesses Customers’ Credit Card Info May Have Been Hacked
July 20, 2015

The online photo service maintained by CVS was shut down as of Friday (July 17), ABC News reported one day after the site shut down and after the news that CVS may have been hacked, with credit card information possibly having been stolen. Get the Full...

Controversial
The Big Buy-In Edition: How Visa, Google and Greece Are Investing In The Future
July 20, 2015

We at PYMNTS like to imagine that while the markets wait, watch and speculate today about the future of PayPal as an independent company, its employees are busily engaged in a company-wide sing-along of Lynyrd Skynyrd’s “Free Bird.” Get the Full Story Complete the form...

Hmmm
Data Breaches Make Cybersecurity An Investor Darling
July 20, 2015

The rise of data breaches is becoming more widespread, hitting companies all over the globe working in an array of industries, leaving devastating results in their wake. But venture capitalists are taking notice. According to The Wall Street Journal, researcher CB Insights found that the...

News
US May See More Massive Cyberattacks
July 17, 2015

It is no longer a matter of if the U.S. will fall victim to massive cyberattacks, it is just a matter of when. At least that seems to be the consensus of the National Security Agency, among other high-profile watchdogs. Get the Full Story Complete the form...

Hackers Supply A Threat To Wholesale Distributor Grainger
July 17, 2015

The B2B eCommerce site Grainger, which supplies maintenance, repair and operating products globally, confirmed Tuesday (July 14) that its network fell victim to a cyberattack in early June. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cybercrime Site Darkode Goes Dark
July 17, 2015

An online forum, among one of the more successful English-language forays into cybercrime, was shut down on Wednesday (July 15), and authorities around the world arrested 28 people connected with the site, Forbes reported. Get the Full Story Complete the form to unlock this article...

Apple Pay
Apple Pay In The UK
July 17, 2015

Coming out of the All-Star game last weekend, it is surprising that the curveball of the week didn’t come out of baseball. In fact, it didn’t even get pitched in the United States. No, this week in an epic fit of Apple being Apple, Cupertino...

Will Motion Code Slow Online Fraud’s Momentum?
July 17, 2015

The EMV shift will move a lot of offline fraud online — this we know. What we don’t know, exactly, is how to address it. Martin Ferenczi, President of Oberthur Technologies (OT) North America, shares a pretty nifty solution – Motion Code. To enable it,...

Fed Still Hasn’t Alerted 21.5M Data Breach Victims
July 16, 2015

In the two months since discovering that the sensitive personal information of 21.5 million Americans was compromised by a hack of U.S. federal computer networks, the government has yet to officially notify any of the victims, Reuters reported Tuesday (July 14). Get the Full Story Complete...