Remove transaction-payment-security
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Incognito Darknet Market Mass-Extorts Buyers, Sellers

Krebs on Security

Borrowing from the playbook of ransomware purveyors, the darknet narcotics bazaar Incognito Market has begun extorting all of its vendors and buyers, threatening to publish cryptocurrency transaction and chat records of users who refuse to pay a fee ranging from $100 to $20,000. “And yes, this is an extortion!!!!”

Marketing 268
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Is Your Chip Card Secure? Much Depends on Where You Bank

Krebs on Security

-based merchants suggest thieves are exploiting weaknesses in how certain financial institutions have implemented the technology to sidestep key chip card security features and effectively create usable, counterfeit cards. That data can then be encoded onto anything else with a magnetic stripe and used to place fraudulent transactions.

Security 357
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Is Payments Industry Ready for New Encryption Protocols?

Data Breach Today

PCI-DSS Requirement Looms on June 30 New PCI requirements that go into effect June 30 are pushing payment card acquirers, processors, gateways and service providers worldwide to implement more secure encryption protocols for transactions. But are they ready?

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Best Encryption Software for 2022

eSecurity Planet

It’s been a couple of decades since data tapes delivered by trucks made encryption a standard enterprise cybersecurity practice. Yet even as technology has changed, sending and receiving data remains a major vulnerability, ensuring encryption’s place as a foundational security practice. What is Encryption?

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Breach at Hy-Vee Supermarket Chain Tied to Sale of 5M+ Stolen Credit, Debit Cards

Krebs on Security

14 it was investigating a data breach involving payment processing systems that handle transactions at some Hy-Vee fuel pumps, drive-thru coffee shops and restaurants. Hy-Vee said it was too early to tell when the breach initially began or for how long intruders were inside their payment systems.

Sales 258
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The Future of Payments Security

Thales Cloud Protection & Licensing

The Future of Payments Security. The increasing trend of using mobile payments for in-store purchases (especially during the pandemic) is leading criminals to increasingly focus their efforts on defrauding people through online fraud and scams. Securing digital transactions. Tue, 01/26/2021 - 09:17.

Security 143
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How Can We Secure The Future of Digital Payments?

Thales Cloud Protection & Licensing

How Can We Secure The Future of Digital Payments? The financial services ecosystem has evolved tremendously over the past few years driven by a surge in the adoption of digital payments. This raises the question of where digital payment technologies will take us in the future, and how will this affect consumers?

Retail 126