Payment Security
Police make StubHub cybercrime ring arrests
July 24, 2014 - New York authorities have charged six people accused of being part of an international criminal gang which used stolen card data to buy thousands of event tickets through eBay-owned StubHub.
Romanian cybercrime network dismantled
July 18, 2014 - European authorities say they have dismantled a Romanian-dominated cybercrime network that used a host of tactics to steal more than EUR2 million.
European banks told to avoid bitcoin
July 4, 2014 - Europe's financial institutions should steer clear of virtual currencies such as bitcoin until a regulatory regime is in place, the European Banking Authority (EBA) has warned.
Aeon Bank first in Japan to install EMV-compliant ATMs
June 26, 2014 - MasterCard today announced that it has certified AEON Bank, Ltd., a subsidiary of AEON Financial Service Co., Ltd., as the first financial institution in Japan to deploy ATMs that support EMV chip card transactions.
Botnet takes advantage of weak passwords to hack POS systems
July 10, 2014 - Security firm FireEye says it has discovered a botnet that is sniffing out point-of-sale systems and using brute force techniques to hack them and steal card data.
Idealinvent integrates Prime Factors BCSS into ConnectCore banking platform
July 2, 2014 - Idealinvent, provider of Next Generation banking systems, and Prime Factors, provider of cryptographic data protection platforms, today announced a strategic partnership to introduce the latter's Bank Card Security System (BCSS) and its Card Security and Personalization capabilities into the former's ConnectCore - Card Management offering.
Cybercrooks steal EUR500,000 from European bank
June 25, 2014 - Cybercrooks used a Trojan to steal more than EUR500,000 in just one week from the customers of a European bank, says security firm Kaspersky Lab.
The end of verification? Visa Europe posits new age for payment security
July 9, 2014 - Executives at Visa Europe are pondering an overhaul of card security standards as new technologies and consumer preferences for frictionless shopping create demands for a more flexible approach to protecting transactions.
ID Tech launches payment terminal
June 30, 2014 - ID Tech, a leading manufacturer of automated data entry, mobile payment, point of sale, and secure payment devices, has released its PCI 3.x SRED certified key pad and MagStripe reader, the SREDKey.
RisePay to integrate Spindle payment aggregation technology into gateway platform
June 23, 2014 - Spindle, Inc., (OTCQB: SPDL), a leading provider of mobile commerce solutions, announced it has signed a strategic agreement with RisePay, a developer of payment gateway systems for small businesses, service providers and mobile vendors.
New Cyber Security Survey Shows Only 12% of UK Organisations are Completely Confident their Endpoints are PCI Compliant
July 9, 2014 - Bit9® + Carbon Black, the leader in endpoint threat prevention, detection and response, today announced the results of a cyber security study which show that only 12% of IT organisations in the UK are completely confident that their endpoints are compliant with PCI DSS V.3.0. This points to poor cyber-security safeguards for those systems that process credit card payments and handle customers’ personally identifiable information (PII).
US banks going full-tilt for EMV in wake of Target breach
June 26, 2014 - Spurred on by the fall-out from last year's Target data breach, 86% of US financial institutions plan to begin issuing EMV-based chip cards within the next two years, according to the annual debit issuer report from Pulse.
Ditch legal tender to unleash bitcoin - think tank
June 18, 2014 - The concept of legal tender should be abolished and private money should enjoy a level playing field that enables the likes of bitcoin to compete with state-backed currencies, a new think tank report suggests.
