Security & Fraud

Target’s Breach Settlement Consumer Website Launches
May 12, 2015

The massive Target breach that hit the company at the end of 2013 has made its share of headlines. And rightfully so, since 40 million payment cards and personal details for 70 million customers were impacted. But Target has recently announced how it plans to settle...

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Oberthur Launches Luxury Smart Card Line
May 12, 2015

Digital security leader Oberthur Technologies announced the launch of Smart Premiere, a line of luxury payment cards geared toward affluent customers, in a press release issued Monday (May 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Health Care Increasingly The Target of Cyberthieves and Data Breaches
May 08, 2015

Cyberthieves are increasingly turning their attention away from financial firms and targeting doctors and hospitals. Filching health care data proves lucrative to hackers – and costs the U.S. health care systems $6 billion annually, a study released Thursday (May 7) by security research firm Ponemon....

Regulators May Ease Up On Amazon, Google Drone Use
May 07, 2015

Regulators have shown a marked shift in their stance against drones being used for commercial purposes, according to Google and Amazon, the two biggest U.S. companies seeking to use the technology for package deliveries. Get the Full Story Complete the form to unlock this article...

L.A. Suit Accuses Wells Fargo Of Misusing Consumer Data
May 06, 2015

The City of Los Angeles is suing Wells Fargo, alleging some bank employees in the state have been pressured to adopt “unfair, unlawful and fraudulent conduct” against customers, including but not limited to misusing confidential data, the Los Angeles Times reported. Get the Full Story...

FBI Creates New Role In Battling Cybercrime
May 06, 2015

As cybercrime grows, so do the FBI’s attempts to fight it. 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. By completing...

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White House Hack May Have Hit Citizens’ Personal Info
May 05, 2015

Russian hackers attacking the White House might have gotten away with more than President Barack Obama’s schedule, jeopardizing the personal information of many Americans, the U.S. Senate Commerce Committee said in a letter to Obama. Get the Full Story Complete the form to unlock this article...

Chip Card Shift Projected To Be Nearly Done By 2017
May 05, 2015

As the Oct. 1 deadline for the EMV merchant-liability shift inches closer, there’s going to be a lot more reports about which type of merchants are ready, and which aren’t. There’s also going to be plenty of reports on which issuers have their credit and...

Revamped Data Breach Law Could Exclude Minor Attacks
May 05, 2015

Under newly prosed legislation as part of the data breach notification law Congress is looking to put in place, companies wouldn’t have to reveal minor cybersecurity breaches, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy...