Security & Fraud

Security & Fraud
Nets Alerts Local Banks Of Data Breach
October 27, 2016

Danish payment processor Nets notified local banks and international card schemes on Wednesday (Oct. 26) of a data breach that could have impacted 100,000 credit cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
Most Employees Lack Awareness To Stop Preventable Cyberattacks
October 27, 2016

MediaPro, a security training vendor, found in a new a survey that 88 percent of employees lack the awareness to stop preventable cyberincidents. What’s more, 16 percent of respondents scored low enough to warrant a “Risk” profile by exhibiting behaviors that put their organizations at...

Security & Fraud
Treasury Dept. To Banks: We Need The 411 On Cyberattacks
October 27, 2016

The U.S. government is mandating financial institutions to disclose details about cyberattacks when submitting reports on fraud and money laundering. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Security & Fraud
Non-State Actors May Have Caused Massive Cyberattack
October 27, 2016

The investigations into last week’s massive distributed denial-of-service (DDoS) attack — which took down major sites, like Spotify, Amazon, Netflix, Twitter and GitHub — have shown that the likely culprit behind the attack was a non-state actor. Get the Full Story Complete the form to unlock...

Security & Fraud
DDoS Attacks Beg The Question: Who Can Keep Us Safe From IoT?
October 26, 2016

The weaponizing of the Internet of Things (IoT) is here. 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...

Security & Fraud
Hangzhou Xiongmai To Recall Webcams Linked To US Cyberattack
October 26, 2016

Hangzhou Xiongmai Technology, the Chinese manufacturer of webcams linked to a huge cyberattack in the U.S., is gearing up to recall the devices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
Bluefin Payment Rolls Out Cloud-Based Decryptx PCI
October 26, 2016

Bluefin Payment Systems, a provider of PCI-validated point-to-point encryption (P2PE) solutions for retail, health care and higher education, announced Tuesday (Oct. 25) that it has introduced a cloud-based hosting option for its Decryptx PCI-validated P2PE product through Amazon Web Services (AWS). Get the Full Story...

Security & Fraud
Most Americans Think They Are Tech-Savvy But Habits Don’t Show That
October 26, 2016

A new consumer survey commissioned by Arbor Networks, the security unit of NETSCOUT, concluded that two-thirds of Americans believe themselves to be tech-savvy, although their actions with regard to online security indicate otherwise — with millennials being the worst offenders. Get the Full Story Complete...

Security & Fraud
Credit, Debit Card Fraud Losses Reached $21.84 Billion Last Year
October 26, 2016

Fraud losses incurred by banks and merchants on all credit, debit and prepaid general-purpose and private-label payment cards issued worldwide reached $21.84 billion last year when global card volume totaled $31.31 trillion, according to The Nilson Report. Get the Full Story Complete the form to unlock...