Distil Networks has come across a month-old gift card hacking scheme, named GiftGhostBot, that has cybercriminals using botnets to steal the balance from retailer-issued gift cards.
The fast food restaurant chain Arby's has suffered a breach involving the payment card systems in up to 1,100 of its locations.
Sophos researchers pulled the covers off a phishing scam hitting Amazon customers who are looking for deals on electronics that are too good to be true.
Apparently, it's always better late than never, but one wonders how much damages was already done.
A research team from Newcastle University in the U.K. discovered a method to hack credit cards including dates and security codes in as little as six seconds.
Citing technological and regulatory challenges, Mastercard and Visa have postponed their liability deadlines for merchants to employ EMV chip card technology at automated fuel pumps, from October 2017 to October 2020.
Madison Square Garden Company (MSG) reported payment card information was stolen from potentially hundreds of thousands of customers who attended shows or sporting events at the organization's five major venues during the last year.
Hackers exploited security vulnerabilities and weak passwords to burrow their way into a number of e-commerce sites, including that of the National Republican Senatorial Committee.
Building a culture of cybersecurity within enterprises is essential in today's fast-paced world of online transactions.
The increasing security provided by EMV payment cards, or chip cards, may be compelling European criminals to eschew the use of malware in favor of explosives to steal money from ATMs.
Some cybercriminals are updating their payment card skimmer devices to Bluetooth, enabling them to steal data in real time using nothing more than a smartphone.
Brazil has emerged as a primary center of financially motivated e-crime threat activity.
More than half of global consumers believe mobile wallets are less secure than cash, but nearly 60 percent of executives say mobile money will build their business because it's safe.
As the holiday shopping season approaches, the newest iteration of point-of-sale malware FastPOS appears to have improved its evasion efforts by using modular architecture.
MasterCard on Wednesday rolled out Identity Check Mobile, a new app that allows cardholders to pay for online purchases using biometrics to authenticate their identity.
Even though biometric readers have not been rolled out on ATM's, cybercriminals have already developed tools to steal a person's fingerprint and other biological data.
Wells Fargo Bank was fined $185 million for a five-year long scam that saw bank employees illegally creating fake accounts and email addresses and apply for credit and debit cards to meet sales goals and earn commissions.
The Hutton Hotel payment processing system was vulnerable between September 2012 and 2015 exposing guests payment card information.
The Kimpton Hotel chain officially notified its customers that its point-of-sale system severs had been infected with malware earlier this year, possibly exposing payment card information and cardholder names.
Three people have been charged in Switzerland for a global computer fraud scam.
The meteoric rise of Locky ransomware has not completely supplanted the distribution of the notorious Dridex malware.
A settlement is brewing between The Home Depot and 50 million customers whose personally identifiable information was compromised in a hack in 2014.
In the latest data breach impacting the hospitality industry, cybercriminals installed malware in the point-of-sale systems of HEI Hotels & Resorts and checked out with customer data that likely includes payment card information.
Roman Valerevich Seleznev, a Russian charged with hacking into servers and global carding forum sites resulting in $170 million in phony credit card purchases, will face a federal jury this week.
A group of four banks in Australia want customers to be able to use the banks' own mobile apps when conducting financial transactions with Apple Pay.
The online retailer has agreed to pay the penalty and to upgrade its data security practices.
There would be a lot more happy-go-lucky gamblers in Vegas if ATMs would spit out hundreds of dollars the way Rapid7 made one do in a demo at Black Hat that showed new EMV chip technology is not hack-proof.
POS-terminals have increasingly become a target for cyber-attackers in Russia, posing a threat to ordinary buyers and shoppers, according to analysts of FinCERT
A third-party provider is being blamed for a possible breach into customer transactions at GunMag Warehouse.
Symantec has spotted a new banking malware that stops a victim from cancelling a compromised payment card by blocking calls from the infected device to the bank's customer service department.