Security & Fraud

Security & Fraud
Samsung Denies Samsung Pay Can Be Hacked Via The Tokenization Process
August 10, 2016

Samsung is out on Tuesday (Aug. 9) denying that Samsung Pay can be hacked after a security researcher demonstrated how it can be done at a recent Black Hat conference. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
Companies Know They Have Been Hacked But Only Half Do Something About It
August 10, 2016

Computer hacks of corporate systems are on the rise, and while KPMG found 80 percent of organizations have confirmed their systems have been hacked, only half spend the money and time to invest in cybersecurity. Get the Full Story Complete the form to unlock this article...

Security & Fraud
Health Care Companies Data At Risk Of Being Compromised
August 10, 2016

Health care companies hold the keys to a lot of sensitive consumer data, and a hack of that data could open up a can of worms. That could be the case with 12 health care payers, who are at risk of being hacked after a health...

Security & Fraud
Symantec Divulges Details Behind Remsec Malware
August 09, 2016

Security researchers have identified the once unknown hacking group behind a malicious malware called Remsec. 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,...

Security & Fraud
Oracle Systems Hacked Via MICROS Online Support Portal
August 09, 2016

Oracle Corp. has fallen victim to a computer hack that spans hundred of systems and was allegedly conducted by a Russian organized cybercrime group. According to Krebs on Security, hackers compromised a customer support portal for companies that use Oracle’s MICROS point-of-sale credit card payment...

Security & Fraud
FINRA Fines Deutsche Bank $12.5M
August 09, 2016

The Financial Industry Regulatory Authority (FINRA) has fined financial giant Deutsche Bank Securities $12.5 million on Monday (Aug. 8), Reuters reported. The fine came in tandem with findings that the firm had not monitored employees that had access to information disseminated over so-called “squawk box”...

Security & Fraud
Security Flaw In Samsung Pay Highlighted At Recent Security Confab
August 09, 2016

Mobile payments are all the rage and rightfully so. They make purchasing easy to do and require consumers to carry one less item on them. But there is also a dark side of mobile payments, and it’s apparently rearing its head with Samsung Pay. That’s...

Security & Fraud
The Blurred Lines Of Digital Identity Authentication
August 09, 2016

As technologies advance and digital endpoints increase, the job of authenticating that people are who they say they are gets tougher. Sunil Madhu, CEO of Socure, joined Karen Webster for a discussion on what the digital identity landscape really looks like today and how that...

Security & Fraud
Walmart Shoppers Are About To Get Phished
August 08, 2016

Despite all the sophisticated tools that basement-dwelling hackers have at their disposal, often, the best way of obtaining information you otherwise shouldn’t have is by taking the path of least resistance. As Walmart shoppers are finding out now, that path is as simple as asking...