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LoopPay hackers sought intellectual property, breach adds to mobile payment security challenges

October 11, 2015 Author: Category: Greg's Blog

Source: National Cyber Security – Produced By Gregory Evans LoopPay, the technology acquired by Samsung in its bid to differentiate itself from Apple Pay, was reportedly breached months ago by a Chinese hacking group looking to replicate its technology, Samsung has confirmed. The LoopPay network is physically separate from Samsung…

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