A malware attack that exploited a point-of-sale vulnerability of a select group of Kentucky and Southern Indiana retailers has now been linked to attacks against Schnuck Markets Inc. and four other merchants.
Version 3.0 of the PCI Data Security Standard is coming, and draft guidelines reflect the impact of recent retail breaches. PCI GM Bob Russo explains big changes to ensuring payment card security.
As financial institutions seek to improve and modernize customer engagement, the benefits of leveraging a multichannel or omnichannel banking approach become clear. Consumers have become comfortable with omnichannel experiences in their retail interactions, and expectations are increasing for banking institutions to...
Because mobile payments are so new, banking institutions worldwide are still trying to understand which threats to address first, says payments fraud expert Neira Jones.
The malware attack that infiltrated Harbor Freight Tools' network could prove to be one of the biggest retail breaches this year, experts now say. Learn why card fraud linked to the attack is expected to grow.
Here's an argument for why recent indictments linked to what's been called the largest-ever card fraud scam won't deter fraud - and why improved security is a better deterrent.
How is one of the nation's top 20 bank holding companies fighting fraud? Find out directly from Matthew Speare, Senior Vice President of Information Technology for M&T Bank Corporation, as he spends an hour taking your questions about a variety of banking fraud topics, including:
Account takeover trends and the...
Kim Peretti, the ex-prosecutor who helped nab Heartland hacker Albert Gonzalez, says recent indictments offer insights into the actors behind global fraud schemes that affected 160 million cardholders.
New details about attacks aimed at compromising card data from Global Payments, Heartland and others were revealed last week when federal authorities unsealed indictments against five alleged cyber-criminals.
Authorities in New York have filed charges against two Russians for card fraud schemes and network malware attacks that compromised 800,000 accounts at Citibank and PNC, as well as data at NASDAQ.
How were four Russians and a Ukrainian allegedly able to steal more than 160 million payment card numbers from corporate networks over seven years? An indictment announced by U.S. Attorney Paul J. Fishman provides details.
Federal authorities announced indictments this week in a massive fraud scheme involving 160 million payment cards. Here is a rundown on the businesses affected by those attacks, and the data that was compromised.
There is no stopping the mobile-banking momentum as banks continue to improve their mobile-app offerings, enticing customers and lowering operational costs in the process. Reports estimate that by 2017 there will be over 1 billion mobile-banking customers, peaking the interest of financial institutions and...
Frustration over the growing number of retail breaches is heating up. See what our readers had to say after the malware attack that hit MAPCO Express, and why they believe PCI compliance isn't enough to ensure security.
Another retail malware attack, this time against the upscale restaurant chain Roy's, proves hackers are honing their tactics, experts say. But investigations are thwarting compromises sooner.
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