Security & Fraud

Breach Round Up
Target Faces Of With U.S. Senate’s Rockefeller
March 31, 2014

During a Senate Commerce, Science and Transportation Committee hearing last week, U.S. Sen. John Rockefeller (D-W.Va.) questioned Target's chief financial officer, John Mulligan, about the preventative measures the company could have taken to prevent last winter’s data breach.

Jumio Launches Unusual Bitcoin ID Verification System
March 31, 2014

Jumio’ new Bitcoin-related security system sounds like it came out of a science fiction novel. Under its innocuous name, Bison (Bitcoin Identity Security Open Network), the system aims to instill greater trust and confidence in a virtual currency ecosystem beset with security headaches, according to...

CEO Series
“EMV ‘A Swear Word’”
March 27, 2014

In her commentary column in the March 24 PYMNTS newsletter, Market Platform Dynamics’ CEO Karen Webster asked whether now is the time to hit the pause button on EMV.  She’s not alone in sharing that view, as more payments-industry insiders are wondering whether the push for...

News
California DMV Faces Potential Data Breach
March 24, 2014

In the latest of the string of data breaches that have accompanied the beginning of 2014, the California Department of Motor Vehicles (DMV) has reportedly been the latest target of cyber-criminals. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Commentary
6 Reasons to Call an EMV ‘Time Out’
March 23, 2014

Richard Clarke's assessment of the state of cybercrime in the U.S. started quite the conversation at The Innovation Project. So much of one, that it got MPD CEO Karen Webster to thinking about EMV's future as a "must-have" security protocol for card fraud. She's come...

Breach Round Up
Breach Defenses At Work, But For How Long?
March 20, 2014

Hackers seems to be taking a break (OK, we know they’re not). But there were no major merchant data breaches to report again this week. Perhaps the plenty of activity around creating and introducing defense mechanisms is having an affect.

Exclusive Series
P2PE PCI Validation Gives Bluefin A Leg Up
March 18, 2014

Secure payment-technology provider Bluefin announced today it became the first company in the U.S. to receive PCI validation for a point-to-point encryption (P2PE) solution. While the PCI Security Standards Council, which provided the validation, has been around for some time, no other company has achieved...

News
Who Hacks the Hackers?
March 18, 2014

Even hackers get hacked sometimes. 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, PYMNTS Today. By completing this form, you agree to receive...

News
Man Accused Of Bilking More Than 100 ATM Investors
March 18, 2014

 A  44-year-old man reportedly was in jail late last week accused of bilking more than 100 alleged victims in a fraudulent ATM-investment scheme. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...