Two thousand credit card payment terminals stand to become infected with malware called Trinity point of sales. Ten million credit cards were stolen by hackers, called Fin6, who may end up scoring $400 million. The cards were stolen from retail and hospitality businesses. If each card sells for $21 onRead More
Post Tagged with: "Credit card fraud"
As part of Gemalto’s #ChipAwayAtFraud campaign, I’m being tasked with numerous tasks, some tacky, some essential to living. Gemalto, one of the world’s leaders in digital security, wants a real-world take on the EMV card experience. Which includes the security benefits EMV cards presents. You know EMV; it’s the “chip”Read More
One out of 2,900 seems very small, but when there’s a total of 105 million… then this percentage stacks up in the end. It represents the frequency of calls from fraudsters made to call centers in an attempt to get customer account details so they could steal. Many times theseRead More
The U.S. is no superpower when it comes to card payments, but rather is the card-hacking headquarters of the world. Don’t count on credit card fraud going away too soon. After all, Americans practically sleep, eat and breathe credit card use. And it’s those doggone magnetic strips on the cardsRead More