Security & Fraud

OPM Claims 10M Cyberattacks Stopped Monthly
June 17, 2015

In the first congressional hearing since the U.S. announced that the data of 4 million current and former federal employees had been compromised, the head of the U.S. Office of Personnel Management stated 10 million intrusion attempts are thwarted in an average month. Get the...

Kill Switches Do More Than Protect Data
June 16, 2015

The same technology that allows mobile device owners to protect their information by wiping data or disabling a phone remotely has also decreased the overall number of reported instances of smartphone theft in the U.S., a Consumer Reports study said last week. Get the Full...

Forget Passwords — Amazon Patents Ear Biometrics Smartphone Tech
June 16, 2015

When it comes to unlocking a smartphone, traditional passwords are sure to eventually be a thing of the past. 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...

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Password Manager LastPass Breached
June 16, 2015

Bad news for security-minded users who decided to create a single master password with LastPass. According to an announcement on the company’s blog, hackers have managed to breach the system and make off with an unknown number of user email addresses and password reminder questions...

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Could The Emoji Replace The PIN?
June 15, 2015

The good people at Intelligent Environments say they can do better for security with their Emoji-based passcode system than the traditional numbers-based system. Why? Greater variety of potential combinations – there are more potential combinations of the 44 emojis than there are of the numbers 0-10....

New POS Malware Designed To Strike Oracle Systems
June 11, 2015

The MalumPOS malware is a newly discovered attack tool with the ability to steal payment data from point-of-sale systems running a popular type of Oracle software, Trend Micro threat analyst Jay Yaneza said in a recent blog post. Get the Full Story Complete the form...

OPM Data Breach Appears State-Sponsored, Say Intelligence Committee Members
June 11, 2015

The online data theft that hit government computers earlier this month appears to have been state-sponsored, according to U.S. Senate Intelligence Committee members, though no nation was officially named. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

POS Systems Remain Favorite Targets Of Cybercrime, At Least In US
June 10, 2015

The U.S. may be moving (slowly but eventually) toward EMV and chip-driven payment cards, but point of sale (POS) systems dominate the landscape for data breaches, while accounting for only a “tiny minority” of fraudulent activity outside the country, PC World reported Tuesday (June 9)...

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Hackers Take A Bite Out Of Eataly’s Payment Data
June 10, 2015

The payment information of patrons who frequented Eataly’s New York City retail location earlier this year may have been compromised by a data breach, the upscale Italian food market company announced late last week. Get the Full Story Complete the form to unlock this article...