Remove Chip Cards Remove Cybersecurity Remove EMV
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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. This will help ensure that the solutions you use contain the features that are most needed to ward off unauthorized access to payment data.

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Chip card migration a gift for holiday e-commerce crooks: reports

Payments Source

A full year into the EMV migration, crooks are expected to be even more aggressive about attacking soft spots in online and mobile transactions.

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You Haven’t Been Yourself Lately: Digital Identity Trends 2020

PYMNTS

The launch of EMV chip cards in the U.S. Despite their success, the use of EMV cards with no required PIN codes has left a door unlocked for crooks. The trade group wants unified card security standards in the U.S., EMV cards and other anti-fraud measures have had a major impact on fraud behavior.

EMV
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Too Much Security? There’s No Such Thing

PYMNTS

Between account takeovers, business logic abuse, loyalty and reward points fraud and other cybersecurity attack methods, companies are not only suffering financial damages but brand image damages too. Not according to Angel Grant, director of Global Product Marketing and Strategy for cybersecurity firm RSA.

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Credit Card Chips Still Under Attack From Thieves

PYMNTS

Consumers might have felt a bit safer using their credit card with the introduction of EMV chip technology, but thieves looking to steal your information have managed to find a way to still gain access to PIN numbers, as well as your card’s chip in some cases. in 2016.

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Hacker Tracker: Shimmers, Identity Fraud, And Hacked Hotels

PYMNTS

Just when payment card data seemed somewhat protected by EMV technology, hackers have found yet another way to steal information and gain access to PINs. The research showed that during 2016 there was a resurgence in existing card fraud, which saw an increase of 40 percent in card-not-present fraud.

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Vesta Corporation Shows Innovation A Hidden Victim Of Fraud

PYMNTS

The threat cybersecurity holds over corporations today is massive. The majority of CFOs surveyed (and 62 percent of all execs surveyed) told Vesta and CFO Research that their experience with fraud has increased since the introduction of EMV chip cards, displaying both an increase in the number of and value of credit card chargebacks.