payment cards
Russian carding industry pioneer sentenced to 27 years in prison
32-year-old Roman Valeryevich Seleznev, aka Track2, has been handed the longest US hacking sentence to date: 27 years in prison. He was convicted in August 2016, of 38 counts …
Mastercard introduces cards that work with fingerprints instead of PINs
Mastercard has added fingerprint sensors to its payment cards, in an attempt to make face-to-face payments more convenient and more secure. How does it work? “A …
InterContinental confirms card data breach at over 1,000 locations
InterContinental Hotels Group (IHG) has reported last week that a huge number of their hotels in the US and Puerto Rico have been compromised with payment card …
Did Tesco Bank attackers guess victims’ payment card details?
A group of researchers from Newcastle University have discovered a practical and easy way for attackers to quickly guess individuals’ Visa payment card info needed to …
UK: Financial fraud soars
More than 1 million incidents of financial fraud – payment card, remote banking and cheque fraud – occurred in the first six months of 2016, according to official …
Amex users hit with phishing email offering anti-phishing protection
American Express users are being actively targeted with phishing emails impersonating the company and advising users to create an “American Express Personal Safe …
Every third American has lost money to online criminals
With nearly half of Americans reporting they have been tricked or defrauded, citizens are concerned that the internet is becoming less safe and want tougher federal and state …
FastPOS malware exfiltrates data immediately after harvesting it
POS malware might have taken a backseat when ransomware became the go-to malware for many cyber crooks, but stealing payment card information to effect fraudulent transactions …
Criminals stole $12.7 million from ATMs in Japan
In the early morning hours of May 15, 2016, a group of over 100 people executed coordinated, fraudulent ATM withdrawals that netted them about 1.44 billion yen. In a period of …
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