Retail

Federal Reserve's Powell concerned about security of chip and signature

Federal Reserve's Powell concerned about security of chip and signature

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Speaking at a Federal Reserve Bank of Kansas City conference, Jerome Powell called EMV card deployment a step forward but questioned the security of cards that use signatures, not PINs, for authentication.

Visa, FireEye team to help retailers, issuers fight cyber attacks

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Visa and FireEye formed a partnership aimed at helping merchants and card issuers access threat intelligence and combat cyber attacks.

Report: MasterCard's biggest card issuers rebuffed Target breach deal

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The Wall Street Journal reports that some of MasterCard's biggest issuers refused to back the breach settlement.

Information sharing at work

Information sharing at work

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There's been quite a bit of lip service paid to the ages-old concept of information sharing, says Illena Armstrong, VP, editorial, SC Magazine..

The long and winding road: EMV adoption

The long and winding road: EMV adoption

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Swapping out magnetic stripe payment cards for those equipped with computer chips is no small task, reports Karen Epper Hoffman.

Report: $19M breach settlement between MasterCard, Target terminated

Report: $19M breach settlement between MasterCard, Target terminated

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A federal judge recently denied banks' motion to block the settlement, but now the deal has been nixed for different reasons.

Hackers exploit Starbucks auto-reload feature to steal from customers

Hackers exploit Starbucks auto-reload feature to steal from customers

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Starbucks customers say auto-reload feature is being used to steal from their linked credit cards and bank accounts.

 POS threat 'Punkey' allows additional malware download for greater access

POS threat 'Punkey' allows additional malware download for greater access

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Trustwave also found that the Punkey threat family and NewPosThings share the same code base.

FighterPOS malware strikes over 100 terminals in Brazil, captures info for 22K cards

FighterPOS malware strikes over 100 terminals in Brazil, captures info for 22K cards

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Trend Micro warns that the threat could spread, as the sole perpetrator of the attacks is selling the malware.

'NewPosThings' malware evolves, malicious traffic traced to airports

'NewPosThings' malware evolves, malicious traffic traced to airports

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Trend Micro believes that point-of-sale malware attackers will increasingly target travelers.

PCI Council updates penetration testing guidance for merchants

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A recent Verizon study found that regular testing of security systems was a compliance weak point for merchants.

Verizon: PCI requirement to test security systems a compliance weak point for orgs

Verizon: PCI requirement to test security systems a compliance weak point for orgs

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The percentage of companies compliant with PCI DSS Requirement 11 dropped to 33 percent last year, a Verizon report found.

Study: Fraud losses drop by $2 billion in 2014

Study: Fraud losses drop by $2 billion in 2014

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A new study from Javelin Strategy & Research has found that both the fraud rate and the amount of money lost to fraud decreased this year.

Attempts made to access Toys"R"Us reward program profiles

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Unnamed attackers attempted to gain access to some Toys"R"Us reward program profile in January, prompting the company to send email notifications and request users change their passwords.

Report: Target hackers steal card data from another parking company

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Brian Krebs uncovered that a third parking service has been targeted by the same cybercriminals that hit Target and Home Depot.

Judge gives Home Depot till July to respond to class-action lawsuit allegations

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A Georgia judge ordered Home Depot respond to class-action lawsuit allegations surrounding the retailer's major data breach this past summer by July 2015.

Contending with online thieves and fraudsters

As we all gear up for the holidays with plans to purchase any number of items online, cyberthieves too are gearing up with more and more creative ways to steal money, credentials and critical data from any number of organizations.

Asprox spammers use timely, but malicious, emails to trick holiday shoppers

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Phishing emails are made to look like order confirmations from major retailers, like Best Buy, Target and Walmart, security firm Malcovery warns.

Credit unions urge Congress to enforce security standards for retailers

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The National Association of Federal Credit Unions is asking Congress to establish national data breach and notification standards for retailers.

DHS, FBI sound alert on holiday cyber scams

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The FBI and Homeland Security's US-CERT team have both warned that online scams, taking advantage of the holiday shopping frenzy, will be plentiful this season.

Backoff infections spike 33 percent at Q4 start, more variants surface

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Damballa observed the spike in infections, which followed a Backoff peak in Q3.

Report: Dutch gov't OKs Drinkman extradition to U.S.

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Vladimir Drinkman, who was charged for his involvement in the Heartland breach, is currently in the Netherlands.

Affected by breaches, consumers ready for more intensive security measures

Affected by breaches, consumers ready for more intensive security measures

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A new study found that consumers are becoming more aware of security procedures at retailers after breaches have dominated this year's news cycle.

New version of Backoff detected, malware variant dubbed 'ROM'

New version of Backoff detected, malware variant dubbed 'ROM'

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Researchers at Fortinet detailed the new variant on Monday, and urged businesses to keep their AV up to date.

A balancing act: Apple technology

A balancing act: Apple technology

Apple's iPhone 6 and iOS 8 offer encryption for mobile users, but a focus on consumers can create security conundrums, reports Lee Sustar.

PCI publishes guidance on security awareness programs

PCI publishes guidance on security awareness programs

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The guidance, developed by a PCI Special Interest Group, will help merchants educate staff on protecting cardholder data.

ADDING RELATIONSHIP MANAGEMENT TO IDENTITY: A must for Customer-Centric companies

We're in the age of the customer. Empowered buyers are demanding a new level of customer obsession, and bring-your-own-everything is accelerating.

Canadian launches $500m class action against Home Depot

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A Canadian is leading a $500 million class-action lawsuit against Home Depot following its data breach in which up to 56 million US and Canadian credit cards were stolen.

Suspected POS hacker Seleznev faces slew of new charges

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Roman Seleznev is now charged in a 40-count indictment brought by a federal grand jury in Seattle.

Cash is king...for now

Cash is king...for now

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A slide of a card at a POS system sure is convenient, but given last year's Target data theft and recent headlines about the Home Depot breach, some are questioning the safety of transactions.

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