Widely publicized data breaches and hacks have made today’s consumers especially concerned about fraud. Cautious shoppers may find comfort in debit, with fraud losses associated with the payment method declining over the past several years. This payment rail’s use is going strong in the United...
The holiday season is in full swing. That means opening up wallets and purses at the point of sale, which often means paying with cash … and cash? Well, that means trips to the ATM. For fraudsters, armed with new technologies, the ATM is fertile...
As credit card skimmers have gotten smarter, they have also gotten easier to detect, thanks to Bluetooth broadcasting that announces the presence of enabled devices. Now there is an app that can wirelessly reveal the thievery technology, as reported on Wednesday (Aug. 14). Created by...
Newegg, the electronics retailer, was reportedly the victim of a data breach that lasted a month. According to a news outlet citing RiskIQ Threat Researcher Yonathan Klijnsma, the research found that hackers installed 15 lines of card skimming code on Newegg’s payments page, which stayed on...
March 30, 2020
Debit cardholders often choose this payment method because it is more secure than carrying cash — which cannot be recovered if lost — and may safeguard them against spending more than they have, which is not the case with credit cards. Debit networks need to ensure that customers feel safe using the payment method, and […]
December 13, 2019
The holiday season is in full swing. That means opening up wallets and purses at the point of sale, which often means paying with cash … and cash? Well, that...
August 14, 2019
As credit card skimmers have gotten smarter, they have also gotten easier to detect, thanks to Bluetooth broadcasting that announces the presence of enabled devices. Now there is an app that can wirelessly reveal the thievery technology, as reported on Wednesday (Aug. 14). Created by a team of computer engineers, the new app, nicknamed Bluetana, […]
September 19, 2018
Newegg, the electronics retailer, was reportedly the victim of a data breach that lasted a month. According to a news outlet citing RiskIQ Threat Researcher Yonathan Klijnsma, the research found that...
July 28, 2017
Police have discovered a new credit card skimmer that connects to the inside of a gas station pump and is able to send stolen data via SMS. According to Tech...
May 11, 2017
The National ATM Council announced Wednesday (May 10) the results of its 2017 U.S. Retail ATM Skimming Survey and found nine out of 10 survey respondents said they have never encountered...
