Post Tagged with: "magstripe"

Carders Cashing Out on Magstrip Cards

Carders Cashing Out on Magstrip Cards

by June 30, 2016 at 11:28 am 1 comment

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

After Apple Pay, Fighting Mobile Payments Fraud

After Apple Pay, Fighting Mobile Payments Fraud

by November 7, 2014 at 11:58 am 1 comment

As Apple Pay grows in popularity and the novelty of it wears off, what comes next? Unfortunately, it might just be fraud, according to Mary Ann Miller, senior director and fraud analytics executive at NICE Actimize.

Expect More Card Fraud as Liability Shift Approaches

Expect More Card Fraud as Liability Shift Approaches

by September 3, 2014 at 11:14 am 1 comment

Another day, another retailer hacked — and more should be expected in the days to come, according to a financial security expert.