Credential, Cybersecurity and EMV

Credential

Cybersecurity

EMV

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. This additional step helps prevent unauthorized access even if login credentials are compromised, keeping your data secure.

PCI DSS

PCI DSS Security Compromise Best Practices

Cybercriminals Targeting Apps

PYMNTS

SEPTEMBER 26, 2016

According to Justin Clarke-Salt, cofounder of Gotham Digital Science, a cybersecurity company, the attackers in the Bangladeshi central bank incident exploited a system weakness, which is that institutions use different protections for SWIFT. Cybercriminals are now targeting web and mobile apps in attempts to secure stolen user credentials.

Online and Mobile Banking

Online and Mobile Banking SWIFT Credential Central Bank

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Trending Sources

The Finance Weekly

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

PYMNTS

JANUARY 13, 2020

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. Among those not tuning it out is the National Retail Federation (NRF), which has complained about the EMV-PIN weakness and the liability issues it creates for NRF members.

EMV

EMV Data Breach Chip Cards Push-to-Card

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

PYMNTS

JANUARY 20, 2017

In this week’s Hacker Tracker , Radware shares its global cybersecurity research on what’s really motivating cybercriminals, a Gmail phishing attack targets savvy users and the U.S.’s The dubious sign-in page looks authentic but steals credential information and passes it directly to the cybercriminals. Research and Markets wrote.

Phishing

Phishing Ransomware EMV CHIPS

Vesta Corporation Shows Innovation A Hidden Victim Of Fraud

PYMNTS

JUNE 22, 2017

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.

Innovation

Innovation Chip Cards EMV CHIPS

Fighting The Known Unknowns In Digital Identity Fraud

PYMNTS

OCTOBER 30, 2017

According to the latest edition of the PYMNTS Global Fraud Index – after a short lull post-EMV in the U.S., The good guys – the financial institutions, retailers and cybersecurity firms – have to be right every time, finding all available windows and making sure they are entirely locked at all times.

Identity Theft

Identity Theft FTC Account Takeovers Phishing

Hacker Tracker: Sabre Investigating Breach, Card Testing On The Rise

PYMNTS

MAY 5, 2017

It’s been a big week in the broader cybersecurity realm, starting with a data breach of Sabre Corporation’s hospitality unit. The growth in digital payment fraud comes as activity has moved away from card-present transactions in an ecosystem protected by EMV authentication standards.

Breach

Breach Business Email Compromise Data Breach Cybersecurity

Samsung Denies Samsung Pay Can Be Hacked Via The Tokenization Process

PYMNTS

AUGUST 10, 2016

It is important to note that Samsung Pay does not use the algorithm claimed in the Black Hat presentation to encrypt payment credentials or generate cryptograms. Samsung Pay is considered safer than payment cards because it transmits one-time-use data at the vast majority of merchants that do not yet have EMV (smart payment) terminals.

Process

Process Debit Card Credit Cards EMV

AIs Sizzle, ICOs Fizzle And Fraudsters Find A Way To Ruin Everyone’s Week

PYMNTS

OCTOBER 27, 2017

That was before Equifax flooded the dark web with the personal credentials of every adult in the United States. This is a sharp reversal from stats that actually showed fraud levels on the decline between Q4 2015 and Q1 2106, thanks to the implementation of EMV at the physical point of sale. The FBI declined to comment.

AI Account Takeovers FBI Payment APIs and Integration

PYMNTS Data Dive | Why Can’t We Be Friends Edition: Walmart, Central Banks And Google

PYMNTS

MAY 16, 2016

But things heated up last week when Walmart sued Visa over EMV and chips without PINs. to get updated to in advance of the EMV liability shift. It has been a less-than-wholly-inspiring week for the cybersecurity of central banks, with multiple central banks reporting attempts to steal funds by hackers. Banks Under Siege.

Central Bank

Central Bank SWIFT CHIPS EMV

Why PCI Compliance is Critical for Businesses

Exact Payments

JANUARY 4, 2024

Network hardware and software, like routers and firewalls, often come with pre-set credentials, making it easy for cybercriminals to breach your network’s security. Assign a unique ID to each person with computer access A fundamental principle of PCI standards is ensuring strong and unique user credentials.

PCI DSS

PCI DSS Compliance Audit Encryption

Why Consumers Will Shrug Off The Marriott Breach

PYMNTS

DECEMBER 3, 2018

That breach cost then- CEO Gregg Steinhafel his job, and became the poster child for EMV and the need to lock down payment card security to protect against counterfeit fraud at the physical point of sale. For proof, one need look no further than the Equifax hack , when the credentials of most every adult in the U.S.

Breach

Breach Consumer Credential Compromise

Sizzle Or Fizzle: Alexa’s Red Hot Week And Blue Coat’s … Well, You Decide

PYMNTS

JUNE 10, 2016

Branded Digital Credentials. Designed to enable its issuers to create a branded digital app for managing card credentials, it is also capable of enabling payments in-store (on Android phones where NFC is supported) and inside of Visa Checkout. Visa made news earlier in the week when it launched its Visa Digital Commerce App.

Credential

Credential Issuers On-Demand EMV

Payments Space

Understanding POS Security: Protecting Your Business and Customer Data

Cybercriminals Targeting Apps

Trending Sources

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

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

Vesta Corporation Shows Innovation A Hidden Victim Of Fraud

Fighting The Known Unknowns In Digital Identity Fraud

Hacker Tracker: Sabre Investigating Breach, Card Testing On The Rise

Samsung Denies Samsung Pay Can Be Hacked Via The Tokenization Process

AIs Sizzle, ICOs Fizzle And Fraudsters Find A Way To Ruin Everyone’s Week

PYMNTS Data Dive | Why Can’t We Be Friends Edition: Walmart, Central Banks And Google

Why PCI Compliance is Critical for Businesses

Why Consumers Will Shrug Off The Marriott Breach

Sizzle Or Fizzle: Alexa’s Red Hot Week And Blue Coat’s … Well, You Decide

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