Security & Fraud

Breach Round Up
The Heartbleed Bug Effects More Than Just Software…
April 19, 2014

The Heartbleed bug remains the biggest story in online security this week as countless organizations nationwide tested to see if they were vulnerable or if they had been victimized. It also came out that Heartbleed not only compromises software but also effects networking hardware. In...

News
Michael’s Data Breach More Wide Ranging Than Initially Thought
April 18, 2014

Michael’s, the America’s largest chains of arts and crafts stores, announced Thursday that 2.6  million credit and debit cards used in its stores may have been effected by the breach.  They also announced their affiliate  Aaron Brothers was also attacked, which left an additional 400,000 cards...

Breach Round Up
Recent Breaches Appear To Be Hitting Home With Consumers
April 18, 2014

It’s one thing to note that a merchant’s payment-data system has been breached, but the reality of what that means really hits home when consumers start saying they’ve been affected. And new Pew Research Center survey data show a significant rise in the percentage of...

Mobile Commerce
Latest Samsung Fingerprint Scanner for Phone Hacked, PayPal Users May be at Risk
April 17, 2014

The new flaw can target PayPal mobile payments, in addition to compromising contacts, photos and other confidential data stored on the device.

Mobile Commerce
Texas Instruments will Incorporate iBeacon to Bluetooth Products
April 17, 2014

TI plans to bring iBeacons to the company's several microcontrollers alongside the BL6450Q controller designed for automotive applications.

Company Spotlight
MasterCard on Mobile Payments Security
April 17, 2014

“Why don’t we just leapfrog over EMV and go right to mobile?” That’s just one of the questions that MPD CEO Karen Webster posed to MasterCard’s Chief Emerging Payments Officer Ed McLaughlin in Part Three of this Four Part Mobile Insiders Series. Don’t you want...

News
More Companies Reveal Results from Heartbleed Bug Test
April 15, 2014

It turns out that the Heart Bleed Bug is not only affecting websites.  Software companies are reporting that networking equipment is also currently affected. “I think this is very concerning for many people,” Darren Hayes, professor of security and computer forensics at Pace University told...

News
Feds Give ‘OK’ to Businesses to Share Cybersecurity Threat Info
April 14, 2014

On Thursday, the Justice Department and Federal Trade Commission sent corporate America a policy statement stating that it was OK to share cyber threat information, according to The Business Journals. “This statement should help private businesses by making it clear that antitrust laws do not...

News
Retailers Considered Still Vulnerable to Card Fraud Until Banks Upgrade to EMV
April 14, 2014

After the Target and Neiman Marcus security breaches, one would assume that U.S. retailers were doing what they can to help prevent another incident.  However, Bloomberg Business Week is reporting that many retailers are still vulnerable to credit card fraud.  Many companies are still behind...