MasterCard Thursday (Oct. 2) announced the launch of SafetyNet, which it said was a preemptive security system “to identify potential attacks before they start and in some cases before the bank or processor is even aware.” Get the Full Story Complete the form to unlock...
JPMorgan Chase announced Thursday (Oct. 2) that its databreach attackers accessed information on 83 million accounts—about 76 million households and 7 million small businesses—is the largest known financial data attack. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The recent shifts in the payments industry – Apple Pay, an independent PayPal, a publicly traded Alibaba – has forced everyone to think well beyond secure payment transacting to secure identity enablement. Marek Juda, Managing Director at Oberthur Technologies told MPD CEO Karen Webster what’s...
The Apple Pay bandwagon will have to make room for one more as Capital One has rolled out a new mobile wallet app for cardholders that is Apple Pay compatible. The app is intended to offer users a clear look at their Apple Pay transactions, in addition to...
Bank of American announced Wednesday (Oct. 1) that all consumer and small business debit cards will now have an EMV security chip included. The majority of BoA’s credit cards already come chip enabled, and with Wednesday’s announcement, the North Carolina-based bank will be the first in...
In some ways, 2014 has been the year of the retail/bank hack. Though Target capped off 2013 with the largest security breach in history, it was unable to even hold its crown for a full year before the Home Depot chased it from the throne....
There’s only one thing that you can really count on when it comes to online fraud: as soon as a better lock comes along, a better lock pick does too. That’s at least the perspective of Drew Luca, Partner and Co-lead of PWC’s U.S. Payments...
Anyone who has ever said that there is no such thing as too much security when it comes to data on mobile devices has clearly never worked for federal law enforcement. U.S. Attorney General Eric Holder followed up the announcement of his resignation last week...
Supervalu has discovered a second data breach—a “separate intrusion” potentially launched by a different sets of cyberthieves—that hit many of its grocery stores. The chain did, however, report a silver lining: Security upgrades from the first attack minimized damage from the second attack. But it...
