Security & Fraud

News
Another Online Parking Service Is Hit By Payment Card Thefts
February 03, 2015

Another online airport parking reservation service has apparently been hit by a payment card breach — and once again the breach has links to the massive card thefts from Target and Home Depot, according to Krebs on Security. Get the Full Story Complete the form...

Google Looks Back, Forward on Security Rewards Programs
February 02, 2015

On Friday (Jan. 30), Google posted a “Year in Review, Year in Preview” report on its Security Rewards Programs. 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...

Supermarket Chain Data Breach Loss Capped at $500,000
February 02, 2015

In what may be one of a few legal battles regarding financial liabilities of data breaches, the United States District Court ruled that supermarket chain Schnuck Markets is only liable for the first $500,000 in damages resulted from a series of data hacks between 2012...

US Business Groups to China: Delay New Cybersecurity Rules
February 02, 2015

United States business groups are calling upon China to postpone the implementation of new regulations that some are saying could be a “backdoor” for espionage and hacking by the Chinese government, according to an industry trade letter attained by the BBC. Get the Full Story...

Capital One Analysts Charged for Database Mining for Personal Profit
February 02, 2015

The Securities and Exchange Commission has charged ex-Capital One analysts Bonan and Nan Huang with insider trading after it was found that they were using the company’s consumer database to predict stock prices from retail sales data, according to a formal litigation release from Jan 22. Get...

US Can Boost Cybersecurity Law with EMV & Dynamic CVV
January 30, 2015

The Personal Data Notification & Protection Act, unveiled earlier this month to the Federal Trade Commission, would set a national standard for how companies respond to cybersecurity breaches. But it may not be the quintessential solution in data protection – not without the implementation of...

Delaware Wants to Digitize Driver’s Licenses
January 30, 2015

As smartphones increasingly become like digital wallets with the rollout of features like Apple Pay and online identification becoming more common, it is only a matter of time before people become confident enough to put more sensitive information on their phones beyond just bank cards....

Industry Experts, Card Issuers Push Congress on Cyber Info Sharing Laws
January 30, 2015

In an effort to prevent future data breaches on the scale seen over the last few years, cyber-security experts, along with card issuers like MasterCard and American Express, have gone to Washington in the hopes of drumming up support for legislation to make sharing information...

Marriott Fixes Android App Issue After Security Concerns Raised
January 29, 2015

Hotel chain Marriott has fixed a problem with its Android app-based reservation system that might have inadvertently exposed personal data to potential hackers, SC Magazine reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...