Security & Fraud

House Committee Says Yes To Data Breach Bill
March 27, 2015

Federal legislation to require reporting of a data breach within 30 days has passed its first milestone on the way to becoming law, but not everyone is happy with the details, The Hill reported on Thursday (March 26). Get the Full Story Complete the form...

InAuth Snags $20M And Raises The Bar On Mobile Fraud
March 26, 2015

Bain Capital Ventures is getting into the mobile security business. 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...

Tokenization Top Of Mind For Payments Execs
March 26, 2015

Barclays held its annual Emerging Payments Forum in New York earlier this week (March 23) and following tradition, a list of top payments executives made it to the list as featured guest speakers. Among those speakers were two representatives from Visa and MasterCard who — among...

News
Tax-Return Fraudsters Share Scamming Secrets
March 26, 2015

This tax season, cybercrooks are using prepaid debit cards and Amazon virtual gift cards to collect fraudulent tax refunds, according to discussions on online cybercrime forums reported by Krebs on Security on Wednesday (March 25). Get the Full Story Complete the form to unlock this...

Retail’s Cybersecurity Center Adopts Intel-Sharing Portal
March 26, 2015

A retailers’ group formed to share cyberattack and threat information has launched a portal to speed up its ability to spread that information in the face of rapidly escalating attacks on payments and other retail data. Get the Full Story Complete the form to unlock...

Alternative Finances
Consumer Finance Startup Kreditech Breached
March 25, 2015

Micro-loan startup Kreditech is investigating a November 2014 data breach that resulted in hackers posting the personal and financial records of thousands of applicants online, Krebs on Security reported on Tuesday (March 24). Get the Full Story Complete the form to unlock this article and...

Spike In Fraud Has Experts Doubting Apple Pay
March 25, 2015

The perks that have always been attached to Apple Pay are the simplicity, speed and convenience of the mobile payment option. But does easy always mean better? The spike in fraud has some security experts doubting the security measures behind Apple Pay. Get the Full Story Complete...

Former NSA Director: Breaches Will Get Worse
March 25, 2015

Over the next two years, cyberattacks will get worse before they get better. But there’s some good news. There are methods to counter cyber threats — by working with stakeholders across the political aisle, including private to public sector initiatives, to create enforceable barriers to...

Alibaba’s Israeli Cybersecurity Connection
March 24, 2015

Alibaba’s long list of major investments across the globe has expanded further into Israel with an alleged $15 million investment into Jerusalem Venture Partners — the international venture capital firm that focuses on boosting startup companies, particularly cybersecurity-related investments. Get the Full Story Complete the form to...