Security & Fraud

Card Thieves Hit Hotel Group Again — Just Before Tokenization Arrives
February 05, 2015

A group of franchised Marriott hotels appears to have been hit by a payment card breach for the second time in less than a year, Krebs on Security reported — and they did it just months before the hotels will install tokenization on the affected...

Target Taps Tesco Executive as CIO
February 04, 2015

Target has announced that former Tesco executive Mike McNamara will be assuming the role of executive vice president and CIO at Target, sources told Drug Store News. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Mobile Commerce
As Mobile Commerce Grows, M-Commerce Fraud Grows Even Faster
February 04, 2015

The number of retailers who offer customers a mobile commerce option has doubled in the past year — but m-commerce fraud is growing even faster, according to a new study from LexisNexis. Get the Full Story Complete the form to unlock this article and enjoy...

60 Percent Of Shoppers Say Payment Security Is Inadequate
February 04, 2015

Current retailer security for protecting credit card and personal information isn’t strong enough. That’s the takeaway from a Bizrate survey released on Tuesday (Feb. 3) that found 60 percent of consumers said payment security is inadequate at brick-and-mortar stores, websites and mobile commerce sites and...

News
Researchers: Anonymized Data Isn’t
February 03, 2015

A new study shows that even when real names and other personal information are stripped from customer data, it’s often possible to use just a few pieces of the information to identify a specific person, the New York Times reported. Get the Full Story Complete...

News
Another Online Parking Service Is Hit By Payment Card Thefts
February 03, 2015

Another online airport parking reservation service has apparently been hit by a payment card breach — and once again the breach has links to the massive card thefts from Target and Home Depot, according to Krebs on Security. Get the Full Story Complete the form...

Google Looks Back, Forward on Security Rewards Programs
February 02, 2015

On Friday (Jan. 30), Google posted a “Year in Review, Year in Preview” report on its Security Rewards Programs. 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...

Supermarket Chain Data Breach Loss Capped at $500,000
February 02, 2015

In what may be one of a few legal battles regarding financial liabilities of data breaches, the United States District Court ruled that supermarket chain Schnuck Markets is only liable for the first $500,000 in damages resulted from a series of data hacks between 2012...

US Business Groups to China: Delay New Cybersecurity Rules
February 02, 2015

United States business groups are calling upon China to postpone the implementation of new regulations that some are saying could be a “backdoor” for espionage and hacking by the Chinese government, according to an industry trade letter attained by the BBC. Get the Full Story...