Security & Fraud

News
Uh Oh, U.S. Mobile Banking Apps Targeted By Hackers
July 24, 2014

Kaspersky Lab recently reported that it detected a significant malware threat “that could affect the 102 million Americans who use mobile banking,” according to BizTech. The malware, called Svpeng, is first appeared in Russia in September and has since made its way to the U.S....

CA Technologies
Looking Beyond 3-D Secure’s Rocky Past
July 23, 2014

Let’s face it. 3-D Secure hasn’t exactly won the eCommerce popularity contest over the last several years. Customers got confused when they saw pop-up windows, struggled with remembering passwords and then just said “never mind” at checkout. But 3-D Secure has come a long way....

Company Spotlight
Why U.S. Consumers Are Itching for EMV Cards
July 23, 2014

Fifty-seven percent of MasterCard cardholders in the U.S. said they want EMV chip cards pretty much right away. The question of “What is EMV?” is being replaced by “When will I get my card?” In a recent podcast interview, MPD CEO Karen Webster asked MasterCard’s...

News
Could An eBay Flaw Reveal Customer Data?
July 23, 2014

According to a recent report by two New York University researchers, a loophole within eBay could expose details about sensitive customer purchases, such as at-home medical tests. Specifically, the potential problem is with eBay’s “Feedback as a Buyer” page, where sellers can leave feedback for buyers that...

News
Fraudsters Hack StubHub Accounts
July 23, 2014

Online ticket reseller StubHub announced on Tuesday that more than 1,000 customer accounts had been hacked, and that the criminals had been able to buy tickets and events through the site. The case happened during increasing concern about data thieves targeting retailers and other consumer...

Controversial
What Consumers Buy Online, And What They Use To Do It
July 23, 2014

The near ubiquity of smartphones and tablets is affecting consumers’ shopping habits, as a new Harris Poll points out certain technology preferences consumers have in buying stuff online. Still, consumers have their preferences on what to buy in stores as well, and age differences also...

News
Goodwill The Latest Data Breach Target
July 22, 2014

According to Internet security blogger Brian Krebs, the latest hacking victim has been discovered, and it seems to be Goodwill. Financial institutions nationwide are now reporting a highly suspicious pattern wherein multiple Goodwill Industries locations have been identified as a likely breach point for an...

News
Oracle Patches Eight Critical Security Flaws In Java
July 17, 2014

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Cool
Lawmakers Push Back On Operation Choke Point
July 17, 2014

Justice Department representatives and bank regulators got a scolding Tuesday as a House Financial Services Subcommittee grilled them on Operation Choke Point. They defended the crackdown as necessary for consumers; but some Members of Congress really begged to differ.