Counterfeit card fraud drops by half in the UK
Fraud losses due to counterfeit payment cards fell by half in 2009 from the year prior in the U.K., but online banking losses continued to rise, according to new banking industry figures released...
View ArticleGonzalez sentenced for multimillion-dollar credit card scam
As his parents and sister silently wept, hacker mastermind Albert Gonzalez was sentenced Thursday in U.S. District Court to two concurrent 20-year stints in prison for his role in what prosecutors...
View ArticleMerchants under pressure to comply with PCI DSS
CIOs are being warned to comply with new PCI DSS (Data Security Standard) regulations with heavy fines set to hit non-compliant companies from next month.
View ArticlePrevent credit card fraud with PCI DSS
Organised e-crime is on the rise and has grown increasingly sophisticated. The thriving business of buying and selling zero day vulnerabilities has been well documented, as well as the investment in...
View ArticleInside knowledge likely in Target breach, experts say
How did what is likely to be one of the largest data breaches in history occur? Some speculate it was only possible with insider knowledge
View ArticleRetailers plodding toward accepting higher-security payment cards
Target is speeding up support for chip-and-PIN payment cards to restore consumer confidence shaken by last year's massive data breach. But many other retailers feel less of an urgency to adopt the more...
View ArticleHow to protect children online
In the old days it was easy. Teach your kids to cross the road safely, stay in well lit areas and avoid contact with strangers. Do those things and life was pretty safe. But today, our children are...
View ArticleChip and PIN: No panacea, but worth the effort – and the cost
Relief is in sight for the beleaguered U.S. Payment Card Industry (PCI). By October 2015, chances are that America will no longer have the dubious distinction of leading the world in credit card fraud.
View ArticleRoses are red, violets are blue, hand over your cash or I promise we're through
Just in time for Valentine's Day this weekend, the Australian Competition and Consumer Commission (ACCC) has advised extra caution amongst romantics and IT administrators alike on the back of figures...
View ArticleMasterCard chip and PIN hits 88 percent in US, but merchant support still slim
New data from MasterCard shows that nearly all its cards in the US have chips to enable PIN-based in-store purchases, but the majority of merchants don’t support them.
View ArticleHow Aussies Can Protect Their Financial Records on the Internet
The virtual world is full dangers lurking at every corner. You may never know when someone hacks into your device, online accounts, computer, etc. Most internet users – especially Aussies – believe...
View ArticleHow to protect your business from online payments fraud
Consumers today are increasingly using online businesses for everything from ordering clothes to groceries.
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