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Understanding POS Security: Protecting Your Business and Customer Data

VISTA InfoSec

Don’t Allow Swiped Transactions You may want to avoid processing older magnetic stripe cards in favor of Near Field Communication (NFC) and EMV chip cards. Encourage the use of Two-Factor Authentication (2FA) Decades of experience show that passwords only provide a small amount of security.

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EMV Chip Cards: What You Need to Know About PIN or Signature Cards and How They Work

Stax

EMV (Europay, Mastercard, and Visa) chip card use has continued to expand in use since its tumultuous rollout in 2015. The EMV standard has now become a global standard for cards equipped with computer chips and the technology used to authenticate chip-card transactions.

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NRF Talks PIN-less EMV And POS Fraud

PYMNTS

Facial authentication and cloud-based subscription services are particularly popular, with applications ranging from unlocking personal smartphones to providing secure access to top-secret government facilities. EMV cards are becoming increasingly commonplace in the U.S. billion per year in incremental growth between 2018 and 2023.

EMV
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New Analytics Can Make Your Phone a Fraud Watchdog

FICO

Recent cases have included examples of malware designed to wrap around a legitimate bank app , then harvest the credentials and account data to send back to the cyber gangs. As mobile banking becomes popular, and even the default for some customers, the channel becomes ever more attractive to hackers and cyber threats.

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Identifying What’s Next In Digital Identity

PYMNTS

If you’re playing the slots in Vegas this week, there’s a good chance they’re coming up: Biometrics; EMV chip cards; Mobile security. He pointed to the recent security breach at Yahoo, in which fraudsters stole login credentials, comprised of email addresses and passwords, for more than 22 million user accounts.

EMV
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Digital Security 2016: At The Crossroads Of Biometrics, EMV And Mobility?

PYMNTS

But while merchants have now had more than a year to adjust to the new technology, retailers still lag behind when it comes to chip card adoption, causing frustration and confusion for consumers, even with chip-based cards decreasing counterfeit fraud by 60 percent, according to Mastercard. It’s EMV all over again.

EMV
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Hacker Tracker: Money-making Ransomware, Gmail Phishing, CNP Fraud On The Rise

PYMNTS

The “highly effective” scam tricks users into divulging their account login credentials by sending a message disguised as a trusted contact with an attachment, something that isn’t very out of the ordinary. The dubious sign-in page looks authentic but steals credential information and passes it directly to the cybercriminals.