Security & Fraud

Mobile
Verifone Pitches An mPOS For Any Device, Any Payments Scheme
January 13, 2015

Verifone is trying to end (or at least limit) the endless upgrade cycle for mobile point-of-sale devices with a new mPOS sled that tries to support as many standards — and as few proprietary features — as possible. Get the Full Story Complete the form...

Europe
Hackers Release Stolen Data After Swiss Bank Refuses To Pay $12K Ransom
January 12, 2015

A group of cyberthieves who breached online security at a small Swiss bank published identifying details about 30,000 customers on Friday (Jan. 9), after the bank refused to pay a ransom, Bloomberg reported. Get the Full Story Complete the form to unlock this article and...

Manhattan D.A. Says Apple-Level Security Hurts Consumers
January 09, 2015

If asked to name America’s greatest “outlaw” brand, it’s easy to imagine some familiar (and oddly similarly structured) there are probably lots of names that might slug it out for that title. Get the Full Story Complete the form to unlock this article and enjoy...

Company Spotlight
Meet The New Kids On The (US EMV) Block
January 09, 2015

  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 marketing communications from PYMNTS...

Europe
Euro Lawmakers Concerned About SWIFT Payments Data Sharing With The US
January 09, 2015

European policymakers are fighting over how financial messaging information from the SWIFT network can be used to fight terrorism, and who gets to use it, EU Observer reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

International
Luxury Resorts Hit By Payments Breach
January 09, 2015

A data breach at hotel management company AMResorts may have exposed payment card data and personal information of people who booked their vacations at the company’s luxury resorts, SC Magazine reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

The Top 10 Technologies For Stopping Fraud
January 08, 2015

Payments experts expect security budgets to increase this year – as well as the breaches. Forrester predicts that 60 percent of enterprises will discover a breach in 2015. But as fraud prevention solutions become obsolete by the day, says Brighterion, more efficient technologies that use...

New Year, Better Ways To Hack ATMs
January 08, 2015

Never let it be said that the world’s cyberthieving population isn’t always on the hunt for better and more efficient ways to use technology to separate individuals from their money. With the new year comes a new variation on the ATM skimming attack that started...

News
IBM: Fewer Retailer Cyberattacks, More Data Stolen
January 08, 2015

The number of cyberattacks against retailers has dropped by 50 percent over the last two years, but thieves are getting much more data from a typical attack, according to new data from IBM — and much of it is coming directly through flawed e-commerce websites,...