Cybersecurity

Cybersecurity
PayPal Unaffected By OAuth, OpenID Security Flaw
May 06, 2014

As reported by PYMNTs earlier, a new security flaw has been found that effects the many, many websites that make use of OAuth or OpenID log-in tools.  Called the Covert Redirect flaw, this serious hole makes it theoretically for cyber-criminals to create malicious phishing links to capture...

Cybersecurity
Target CEO Steps Down After Data Breach
May 05, 2014

CEO Gregg Steinhafel has agreed to step down five months after the data breach compromised 40 million customers.

Commentary
The Payments Networks’ Next Real Threat
May 05, 2014

What begins with an 'A' and is the biggest threat to the payments networks since Judge Leon? ACH. I know, you thought we were going to say Apple. But the Paym launch in the UK got MPD CEO Karen Webster to thinking about the impact...

Cybersecurity
Symantec: Anti-Virus Is Dead
May 05, 2014

In a move that sounds surprisingly similar to an admission of defeat at the hands of novel hackers, anti-virus software maker Symantec has declared its intention to get out of the breach prevention end of the the anti-virus game, and instead moving its focus to...

Cybersecurity
Target Acts On EMV As Green Dot Relays Its Q1 Losses From The Retailer’s Breach
May 03, 2014

Target announced its selection of MasterCard to support the roll-out of chip-based REDcards as the retailer looks to bolster the security of its portfolio. But this week we also learned that the impact of the retailer’s breach is affecting the earnings of one of the...

Cybersecurity
FDC’s Bisignano: Security Dialogue Has Risen To C-Level
May 02, 2014

Something about level of importance, but it certainly helps get the discussion up the ladder. That appears to be the case with security, as the recent retailer breaches and the impending EMV liability-shift mandates that take effect in fall 2015 have moved the dialogue on...

Cybersecurity
Heartbleed Attack Undetectable on Old Android Devices
May 02, 2014

According to reports, old versions of Android are still vulnerable to the bug.

Cybersecurity
Green Light For Green Dot’s Q1 Performance
May 01, 2014

Who didn’t feel the brunt of the brutal winter? Well Green Dot did, but not enough to jar Q1 results. An unexpected one-time revenue event, plus a bump on active cards and purchase volume gave investors something to smile about.

Cybersecurity
After Heartbleed Bug Only 39% of Adults in U.S. Changed Passwords
May 01, 2014

According to a study, many adults have yet to change their passwords after the security flaw.