Source: National Cyber Security – Produced By Gregory Evans Personal data like the name of your pet and even your daily routine are what cybercriminals are looking to steal, warn experts. While underground forum users and other crooks are still very much interested in stolen credit card numbers, they’re also…
Credit Cards with Chips Are Still Not Safe from Fraud
ABC News(NEW YORK) — When it comes to stealing credit card information, it’s unfortunately as easy as swiping your card in any skimming device. Credit card fraud is now a $16 billion a year problem in the United States alone, and every hour, thieves with skimmers are stealing Americans’ credit…
What You Need to Know About the New Credit Cards
Source: National Cyber Security – Produced By Gregory Evans In October of 2015, a new law went into effect that addressed the liability companies will face when consumers are victims of credit card fraud. According to the Wall Street Journal, the U.S. is the source of almost half of the world’s…
Terrorists Use Credit Cards Too — Anti-Fraud Software Could Catch Them
Source: National Cyber Security – Produced By Gregory Evans The Belgian residents who were linked to the November terrorist attack could have been stopped with real-time sophisticated analytics that can detect behavioral changes in credit and debit card usage, said Dr. Akli Adjaoute, founder and CEO of Brighterion, a company…
Frustration, confusion over new credit cards
Source: National Cyber Security – Produced By Gregory Evans Shoppers could spend more time waiting in checkout lines as they and the places where they shop adjust to a new breed of credit cards. EMV — short for Europay, Visa and MasterCard — credit cards contain a microchip that is used to authenticate transactions and improve payment…
Suspects used fraudulent credit cards at three Rock Hill stores
Source: National Cyber Security – Produced By Gregory Evans Three New York City residents were jailed onCREDIT CARD FRAUDcharges after they used fraudulent cards to purchase more than $2,000 in merchandise, according to Rock Hill Police. Shakera Louise Brown, 24, of Staten Island, 24-year-old Jewel Wilson of Brooklyn and 24-year-old…
No More Counterfeit Credit Cards? Nanotechnology Creating The Possibility Of A Fraud-Free Future
Source: National Cyber Security – Produced By Gregory Evans CREDIT CARDfraud is on the rise in the United States. In 2014 alone, nearly 32 million customers had their credit card accounts breached. While the majority ofCREDIT CARD FRAUD incidents (45 percent) were related to online or card-not-present transactions, in which…
POS made Michaels, Aaron Brothers risk millions of payment cards
Source: National Cyber Security – Produced By Gregory Evans Two independent security firms that dates back to January, arts and crafts retailer Michaels Stores confirmed that, much like retail giant Target, its U.S. stores had experienced a payment card breach. The Michaels breach involved malware on point-of-sale systems that neither…
CREDIT CARD — USERS WARNED OF SCAMS AMID SHIFT TO SECURITY CHIP CARDS
Source: National Cyber Security – Produced By Gregory Evans If you’re a credit card user, you either have or will be getting new cards with security chips. They are designed to protect you against fraud, but scammers are already tying to exploit them. “It’s the biggest change in the way…
Hackers Stole 200,000 South Korean Credit Cards Data
Source: National Cyber Security – Produced By Gregory Evans Hackers stole the personal information of about 200,000 South Korean credit card users, making some fake credit cards and rack up fraudulent charges about $115,400. The Financial Supervisory Service said that several suspects had late last year hacked into firm card…