Following the recent declaration that international cyber threats constitute a “national emergency,” President Obama has declared that the U.S. will seek sanctions on those who launch cyberattacks on U.S. businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
While cybercriminals grow increasingly businesslike, too many U.S. businesses aren’t covering the basics for data security, Visa’s risk chief told a conference last week in Washington, D.C., according to American Banker. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Tax fraudsters are now using the U.S. Internal Revenue Service’s online self-service to get the information they need to file fraudulent tax returns and steal refunds, Krebs on Security reported on Monday (March 30). Get the Full Story Complete the form to unlock this article...
Banks are increasingly worried about the likelihood that they’ll look like the bad guys if merchants haven’t upgraded their point-of-sale systems to support EMV chip cards, and then are hit by fraud and have to pay for the loss themselves, American Banker reported on Sunday...
With the Oct. 1 EMV liability shift just six months away, banks and payment-card brands are beginning to get nervous about the slow uptake of EMV point-of-sale systems by smaller businesses. Part of the problem is complexity — small merchants don’t have IT departments, and...
Stolen Uber customer accounts are being sold on the dark Internet by the thousands for as little as $1 each, online magazine Motherboard reported on Friday (March 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
“Move fast with stable infra.” 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 this form, you agree to receive...
With falling prices, the Silk Road trial and various miners going bankrupt, it would be hard to say that so far 2015 has been a banner year for bitcoin. Then again, it seems that the digital currency’s fortunes are improving, as corporate America is beginning...
Online banking fraud in the U.K. continues to be on the rise, and at a sharp rate, according to a new report from the Financial Fraud Action UK (FFA). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
