Computing power is dirt cheap, thanks to cloud infrastructure. Jurisdiction is always a few steps behind, though — who is really going to bust down the door at a server farm in Russia to arrest the operator? There exists a bounty of consumer ID and...
Let’s try this a different way, if only to make a vital point with insincerity. 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,...
Keeping yourself protected from criminals can often seem a daunting task. Even the most eagled-eyed person — for instance, a veteran tourist in a crowded plaza thick with professional pickpocket artists — probably lacks the laser focus, determination and experience of those bent on theft and other...
There may come a day, a generation or two from now, when stories about the data breaches and other hacking threats faced by payments and commerce operators in 2018 seem quaint — or, at the least, like relatively primitive foreshadowing of a new type of...
Payments and commerce fraud has its own ecosystem, one that includes criminals, servers and other computing devices, IP addresses, compromised payment cards and stolen personal data, and even houses and other physical locations. The various parts come together to produce a nefarious whole, one that...
To really beat someone, or something, one must respect and understand that person or organization, even if they dislike or loathe them. That’s ancient wisdom — “know thy enemy” — that not only applies to martial situations, but to the biggest challenges in life. Get...
The business of payments and commerce is not war — despite all that tough motivational talk that insists otherwise, almost always from people who’ve never suffered through combat — but war, and the preparation for it, has a way of influencing business. Just look at the...
Few things make a sporting event more interesting than wagering a few bucks (or more) — whether it be a football game between two mediocre teams or a baseball playoff. That’s just a fact of life, known since the first cavemen competed to see who...
Fraudsters are nothing if not actors. Some of them are quite good, perhaps even worthy of an Oscar (or at least a Golden Globe), while others remain stuck on the level of grade-schoolers doing a poor imitation of their siblings. Get the Full Story Complete...
