Topic:

Security/Fraud

Latest Headlines

Latest Headlines

Dairy Queen protects franchisees with new firewall solution

With a new firewall solution, Dairy Queen is strengthening network security and Payment Card Industry compliance to better protect customer data.

Target, MasterCard near new settlement of 2013 data breach

Target is hoping to soon close the books on its costly 2013 data breach by negotiating a second settlement with MasterCard, similar to the deal reached with Visa this month.

Target reaches $67M settlement deal with Visa

Target has reached an agreement with Visa that will reimburse card issuers up to $67 million for costs incurred by the retailer's data breach during the 2013 holiday season. The deal covers credit cards and debit cards issued by financial institutions under the Visa brand. It took months of negotiations, and the specific dollar amount of the deal has not yet been disclosed,  The Wall Street Journal  reported. 

Target ready for EMV, educating customers

Target is ready for the EMV chip card transition, and will use chip-and-PIN authentication on its store-brand REDcards, according to the company's A Bullseye View blog. 

Overcoming Cyber Attacks Infographic, Avecto

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Survival tips for retailers that miss EMV deadline

Many retailers are going to miss the EMV fraud liability shift deadline in October. While this is not the end of the world, retailers need to continue to work at transitioning to EMV while making sure other security bases are covered.

Fraudsters find way to skim chip card data

In an indication of how quickly new security technologies can be breached, Mexican fraud experts have discovered an ATM skimming device that can compromise chip-enabled cards like EMV, security blogger Brian Krebs reported in Krebs on Security. The device is called a "shimmer" because it is like a shim sitting between the card chip and the ATM chip reader. ATM security firm 3VR told Krebs the device is inserted from outside the ATM with no access needed to internal components.

EMV countdown: Only 10% of consumers have chip cards

As the October deadline approaches for the EMV chip card transition, 10 percent of American consumers have received the cards and only a small minority are using the cards they have.

Cybersecurity in congressional coma

After failing to pass the Cybersecurity Information Sharing Act prior to its August recess, the U.S. Senate has postponed action on the bill—which some saw as urgent and others thought was being rushed—until September.

Bad guys getting badder: Cisco security report

While companies and their security vendors are making significant improvements against global cyber threats, the bad guys are also becoming more sophisticated, according to the Cisco Midyear Security Report. The white paper's key message was that while enterprises take one jump forward, the hackers remain two jumps ahead—and they are getting nastier in their fraudulent behavior. One recommendation is to integrate threat defenses because users have many security products that don't interact well, leaving vulnerabilities for hackers to exploit.