Security & Fraud

News
Microsoft’s Anti-Malware “Sneak Attack” Leaves 4M Sites Down
July 02, 2014

Microsoft launched a sneak attack against malware earlier this week that did lead to two major malware networks being taken down—unfortunately at the expense of 4 million legitimate sites that were swept up as collateral damage. Get the Full Story Complete the form to unlock...

News
Another Android Security Issue Discovered
July 02, 2014

Researchers recently discovered a crypto key vulnerability that puts 86 percent of Android users at risk, according to several reports. This type of security flaw can give hackers the opportunity to access banking information, virtual private information or even a user’s lock pin screen. Get...

Exclusive Series
The Truths and Myths of EMV
July 01, 2014

The elephant in the EMV room: why should merchants even bother upgrading their terminals when mobile payments are what merchants really want? Well, because EMV is here, whether we like it or not. Gemalto, in a new report, examines the “myths” circulating about EMV and...

News
Microsoft Works To Cut Down Cybercrime
July 01, 2014

Earlier this week, Microsoft Corp. launched an operation that the organization hopes will significantly eliminate cyber crime. According to a recent Reuters article, Microsoft’s efforts started yesterday under an order issued by a federal court in Nevada, which targeted traffic involving malicious software known as Bladabindi...

News
Credit Card Companies Elevate Fraud Solutions
June 30, 2014

Visa and MasterCard are teaming up with wireless carriers like AT&T to cut down the average resolution time for fraud transaction claims. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

News
Can AT&T Save You From Fraudsters?
June 27, 2014

AT&T is very confident that it will soon be able to use location-based information from customers’ cell phones to determine whether or not a credit card purchase was legitimate. So, how exactly does this type of fraud protection work? Get the Full Story Complete the...

Cool
Biotech Fraud-Detection Firm BioCatch Snatches $10 Million In Funding
June 26, 2014

BioCatch, an Israel-based firm that uses an individual’s common tendencies when using online banking and eCommerce sites to identify potential fraud patterns, recently secured $10 million in Series A funding. The company plans to use the funds toward expansion in American and European markets.

News
PayPal Discovers And Patches Potential Security Threat
June 26, 2014

PayPal has discovered a flaw in its two-factor authentication (2FA) system that would allow a motivated hacker to by-pass the system merely by switching the device’s internet connectivity on and off. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Company Spotlight
EMV’s US Misstep
June 25, 2014

There is no doubt that the Target breach was the catalyst for igniting EMV in the US. But why did it take such an extreme event to move merchants and issuers into an EMV frame of mind? In a recent podcast interview, MPD CEO Karen...