In the latest news tied to cybercrime and settlements, Wyndham Worldwide Corp. will settle charges by the U.S. Federal Trade Commission that the company did not adequately safeguard information, as part of a case that bundled grievances of more than 619,000 customers hit by three...
The Data Security Act of 2015 (H.R. 2205) took one step closer to becoming reality on Wednesday (Dec. 9) after it was voted out of the House Financial Services Committee, Credit Union Times reported. The bill came through on a 46-to-9 vote and, geared toward...
SMBs working across borders may embrace blockchain payments, but that means entering the largely uncharted territory of compliance. Here’s why, according to Align Commerce’s Jay Hansen.
The Federal Trade Commission announced Tuesday (Dec. 8) the appointment of an Internet privacy and security expert as its new chief technologist. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Big data is as ubiquitous to running a modern business as cash or POS systems, but that doesn’t mean that it’s easy or cost-effective to process all of that information in a timely and actionable manner. Fortunately, a startup that does just that is now...
EU lawmakers and member states are making a move to hold Internet firms accountable for reporting serious security breaches or else face sanctions, Reuters reported Monday (Dec. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Bloomberg Business is reporting that Blue Coat Systems has been taking pitches from investment banks for an initial public offering. This comes just nine months after the Internet security provider was acquired by private equity firm Bain Capital Partners LLC. Get the Full Story Complete...
The company known as CM Ebar LLC, which is the parent operation of the 29-unit Elephant Bar restaurant chain, said Tuesday (Dec. 8) that customers who used credit cards to pay for their purchases between August and December of this year may have been the...
A recent white paper by IDology finds that in the wake of EMV, fraudsters are looking for new avenues to exploit – particularly over mobile devices.
