Aiming to detect skimmers that are placed on credit card readers, University of Florida researchers Nolen Scaife, Christian Peeters and Patrick Traynor showcased the Skim Reaper, a new device that can tell when signs of a skimmer are present. Get the Full Story Complete the form...
India’s Cosmos Bank was the target of an attack in which hackers were able to transfer more than Rs 94 crore via a malware attack, reported The Economic Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
New research shows that one office machine can cause serious security issues — and it’s not the computer. Believe it or not, the fax machine could potentially allow an attacker to steal sensitive files through a company’s network, using just a phone line and a...
The Federal Bureau of Investigation (FBI) has issued a warning to banks that cybercriminals are gearing up to launch a choreographed global scam, known as the “ATM cashout,” in which the bad guys hack a bank or payment card processor to make cloned cards that...
Based on new research from Diar, a blockchain intelligence firm, close to $100 million in cryptocurrency has been stolen via initial coin offering (ICO) exit scams. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Hackers are seeking to gain user credentials through Internet of Things (IoT) devices by targeting customers of a Brazilian bank. Radware Threat Research Center wrote in a blog post that hackers are seeking to change domain name system (DNS) settings. Get the Full Story Complete the...
The Professional Golfers Association (PGA) of America has been hit with ransomware, with cybercriminals demanding a payment in bitcoin to a specific wallet address. According to Cryptovest, the message read, “Your network has been penetrated. All files on each host in the network have been...
A new report has found that over 33 billion records will be stolen by cybercriminals in 2023 alone. 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...
Positive Technologies researchers Leigh-Anne Galloway and Tim Yunusov are warning that new lower-cost payment systems could hurt companies because of security flaws that could enable hackers to steal credit card data or change the value of what people are purchasing. Get the Full Story Complete...
