Security & Fraud

News
Goodwill The Latest Data Breach Target
July 22, 2014

According to Internet security blogger Brian Krebs, the latest hacking victim has been discovered, and it seems to be Goodwill. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

News
Oracle Patches Eight Critical Security Flaws In Java
July 17, 2014

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Lawmakers Push Back On Operation Choke Point
July 17, 2014

Justice Department representatives and bank regulators got a scolding Tuesday as a House Financial Services Subcommittee grilled them on Operation Choke Point. They defended the crackdown as necessary for consumers; but some Members of Congress really begged to differ.

Company Spotlight
TSYS Teams Up with ThreatMetrix To Tackle Fraud Prevention
July 16, 2014

TSYS’s ProPay is partnering with ThreatMetrix to provide an advanced fraud prevention system that accurately differentiates real customers from cyber-criminals. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

News
New Banking Malware Set To Unleash
July 16, 2014

A new Trojan program called Kronos is up for sale among Russian cyber criminals. It is designed to steal log-in credentials and other financial information from online banking websites.  According to PC World, the program can steal credential from IW, Mozilla, Firefox and Chrome, all...

News
eBay Executive Takes Over At Living Social
July 16, 2014

Founder and CEO of LivingSocial Tim O’Shaughnessy has officially been replaced by eBay general manager Gautam Thaker. Thaker also has taken over O’Shaughnessy’s director seat on the company’s board. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Does EMV Have a Place In A Mobile World?
July 15, 2014

At the same very same time that merchants are getting a taste of what mobile can do to reinvent their customer relationships, they’re being asked to invest in EMV technology at the point of sale. In a recent digital discussion, MPD CEO Karen Webster and...

News
ATM Hacker Has His Day In Court
July 15, 2014

Twenty-seven year old Qendrim Dobruna has pleaded guilty to bank fraud charges in a case stemming back to 2011 where a team of hackers targeted and stole $14 million from ATMs in two days. Get the Full Story Complete the form to unlock this article and...

News
Hackers Go After Big Money Bank Accounts
July 14, 2014

In what can only best be described as a zombie threat to payments security, hackers have resurrected the heretofore-defunct GameoverZeus bot.net that was used to infect computers with malware. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...