Breach, Chip Cards and Compromise

Understanding POS Security: Protecting Your Business and Customer Data

VISTA InfoSec

MAY 12, 2024

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. When used, these devices will collect payment details without the merchant’s knowledge, compromising customer data security.

PCI DSS

PCI DSS Security Compromise Best Practices

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

Stax

MARCH 14, 2024

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.

Chip Cards

Chip Cards CHIPS EMV Debit Card

Networks Attacks Rise as Physical, Web Breaches Decline

Payments Source

APRIL 27, 2016

EMV chip card protections at the point of sale and a general corporate awareness of card data security are helping lower the number of data compromises worldwide. But fraudsters are moving quickly to bigger targets.

Chip Cards

Chip Cards Breach EMV CHIPS

Webinars

Breaking The Commerce Bottleneck: Your SAP Exit Plan Starts Now

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Card Data Compromised For Buckle Guests Who Swiped Card To Pay

PYMNTS

JUNE 19, 2017

The company believes that exposure of cardholder data that could be used to create counterfeit cards – including names, addresses, emails and Social Security numbers – was limited, but some credit card numbers may have been compromised. 28, 2016, and April 14, 2017. Those who may have been affected will be notified.

Compromise

Compromise Credit Cards Card Issuer CHIPS

Hacker Tracker: Shimmers, Identity Fraud, And Hacked Hotels

PYMNTS

FEBRUARY 10, 2017

Despite the growing usage of EMV chip card technology to help safeguard payment card data at the point of sale (POS), cybercriminals are turning to devices called “shimmers” to read card numbers and possibly access a card’s chip and obtain the PIN. properties were compromised by a malware attack.

Account Takeovers

Account Takeovers CHIPS Chip Cards Fraud Detection

Why US Credit Card Fraud Complaints Are On The Rise

PYMNTS

JULY 27, 2016

According to ValuePenguin, it’s likely that credit card fraud will continue to migrate online as EMV chip cards have made it harder for card-present fraud to work. But since then, reported breaches have more than doubled.

Credit Cards

Credit Cards Federal Trade Commission Data Breach Identity Theft

Application Fraud – What’s Behind the Surge in Losses? (Video)

FICO

AUGUST 2, 2018

With the North American chip card deployment, fraud has migrated to “paths of least resistance”. EMV has disrupted a $4 billion industry that seeks to find a new home in application fraud, card not present fraud, and more. Want to learn why application fraud is on the rise?

Identity Theft

Identity Theft Chip Cards EMV CHIPS

The ABCs Of ATM Fraud

PYMNTS

OCTOBER 24, 2016

News earlier this month that compromises at ATMs (read: fraud) were at the highest levels in 2015 than had been seen in years (according to FICO) brings back some concerns over how strong security is, or isn’t, at the point of cash dispensing. .” You don’t really have to worry about those anymore.

ATM

ATM Processors Chip Cards Best Practices

Alexa Sizzles, Etsy Fizzles And Data Security Eyes A Legislative Leap Forward

PYMNTS

DECEMBER 8, 2017

Chip-enabled transactions: Still seeing a steady march of acceptance in the United States. EMVCo says that 59 percent of card transactions are done through EMV chip cards globally. The massive data breach was discovered by Equifax on July 29th, but the company didn’t reveal the hack until 41 days later.

Data Security

Data Security Data Breach Breach Security

Are Online Resale Sites Rife With Counterfeits?

PYMNTS

SEPTEMBER 30, 2019

Online clothing reseller Poshmark recently announcing that it will postpone its initial public offering (IPO) following a data breach that compromised an unknown number of consumers. Visa said that since their inception, chip cards have reduced counterfeit fraud by 87 percent. Globally, the industry loses $30.3

Chip Cards

Chip Cards CHIPS Authentication Accreditation

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

PYMNTS

JANUARY 20, 2017

The attack, Forbes reported, employs fairly sophisticated automation to swiftly take over newly-compromised accounts as soon as a victim submits his or her password. After gaining access to a compromised account, the criminals begin gathering information in order to launch secondary attacks across the victim’s network.

Phishing

Phishing Ransomware EMV CHIPS

What Is Debit Card Processing & How Does It Work?

Payment Savvy

JULY 3, 2024

This token is used throughout the transaction process, while the actual debit card number is safely stored in a secure vault. Tokenization helps minimize the risk of data breaches, as even if a token is compromised, it holds no value without the corresponding debit card information.

Debit Card

Debit Card Process PCI DSS Processors

Sizzle Or Fizzle: Bitcoin Busts, Payments Get Faster And The Eyes Have It

PYMNTS

AUGUST 5, 2016

So, we all know this – chip cards were not going to fix the problem of fraud at the POS. And NCR researchers at the Black Hat conference this week confirmed that story when they presented a way for the bad guys to commit fraud using chip cards. Depends on who you ask. Unencrypted POS Data.

Bitcoin

Bitcoin Multi-Currency Push-to-Card Chip Cards

In Battling Identity Fraud, Finding Digital DNA And The`(Synthetic ID) Devil Behind The Details

PYMNTS

FEBRUARY 6, 2018

Perhaps the last and best hope in the battle against ID fraud – the kind that brings ruin to credit reports and billions of dollars in losses to card companies and merchants. The data is out there now, more than ever before – and, as he said, all stakeholders need to be proactive in the battle.

Identity Theft

Identity Theft Social Security Addressing Consumer

Payments Space

Understanding POS Security: Protecting Your Business and Customer Data

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

Networks Attacks Rise as Physical, Web Breaches Decline

Webinars

Card Data Compromised For Buckle Guests Who Swiped Card To Pay

Hacker Tracker: Shimmers, Identity Fraud, And Hacked Hotels

Why US Credit Card Fraud Complaints Are On The Rise

Application Fraud – What’s Behind the Surge in Losses? (Video)

The ABCs Of ATM Fraud

Alexa Sizzles, Etsy Fizzles And Data Security Eyes A Legislative Leap Forward

Are Online Resale Sites Rife With Counterfeits?

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

What Is Debit Card Processing & How Does It Work?

Sizzle Or Fizzle: Bitcoin Busts, Payments Get Faster And The Eyes Have It

In Battling Identity Fraud, Finding Digital DNA And The`(Synthetic ID) Devil Behind The Details

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