Security & Fraud

Forget Passwords — Amazon Patents Ear Biometrics Smartphone Tech
June 16, 2015

When it comes to unlocking a smartphone, traditional passwords are sure to eventually be a thing of the past. 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...

News
Password Manager LastPass Breached
June 16, 2015

Bad news for security-minded users who decided to create a single master password with LastPass. According to an announcement on the company’s blog, hackers have managed to breach the system and make off with an unknown number of user email addresses and password reminder questions...

News
Could The Emoji Replace The PIN?
June 15, 2015

The good people at Intelligent Environments say they can do better for security with their Emoji-based passcode system than the traditional numbers-based system. Why? Greater variety of potential combinations – there are more potential combinations of the 44 emojis than there are of the numbers 0-10....

New POS Malware Designed To Strike Oracle Systems
June 11, 2015

The MalumPOS malware is a newly discovered attack tool with the ability to steal payment data from point-of-sale systems running a popular type of Oracle software, Trend Micro threat analyst Jay Yaneza said in a recent blog post. Get the Full Story Complete the form...

OPM Data Breach Appears State-Sponsored, Say Intelligence Committee Members
June 11, 2015

The online data theft that hit government computers earlier this month appears to have been state-sponsored, according to U.S. Senate Intelligence Committee members, though no nation was officially named. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

POS Systems Remain Favorite Targets Of Cybercrime, At Least In US
June 10, 2015

The U.S. may be moving (slowly but eventually) toward EMV and chip-driven payment cards, but point of sale (POS) systems dominate the landscape for data breaches, while accounting for only a “tiny minority” of fraudulent activity outside the country, PC World reported Tuesday (June 9)...

News
Hackers Take A Bite Out Of Eataly’s Payment Data
June 10, 2015

The payment information of patrons who frequented Eataly’s New York City retail location earlier this year may have been compromised by a data breach, the upscale Italian food market company announced late last week. Get the Full Story Complete the form to unlock this article...

Tech Giants Lobby Via Letter: Don’t Weaken Encryption Systems
June 10, 2015

U.S. tech companies are exhorting President Barack Obama not to roll back encryption systems in the wake of a strong and quite public debate over mass surveillance, Reuters reported Tuesday (June 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Bitcoin Robbed From Man At Gunpoint
June 09, 2015

Bitcoin has found its name once again in the crime reports, but this time, bitcoin had little to do with the crime itself. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...