The U.S.-based Supervalu supermarket chain is investigating a network intrusion that may have resulted in criminals compromising customer data from point-of-sale systems at 180 stores in 25 states.
Scammers, posing as bank employees, are telephoning restaurants and asking them to call a provided number and have cardholders answer "security questions" before accepting any card for payment.
Visa's new intelligent analytics service aims to help gas stations reduce card. But experts say the service could reduce fraud for other merchants, too, and bridge the gap between the mag-stripe and EMV.
A new Bitcoin advisory issued by the Consumer Financial Protection Bureau should prompt financial institutions to talk with their banking customers about the risks associated with virtual currencies.
A Florida man has pleaded guilty for a credit card fraud scheme that resulted in losses of more than $23 million. Fraud analysts say pinpointing the sources of the compromised cards could be difficult.
For the first time in its decade-long history, the Federal Reserve's triennial Payments Study includes fraud data. The Fed's Jim McKee says these findings set a baseline about U.S. card fraud trends.
The PCI Council has unveiled new guidance for mitigating payment card risks posed by third parties. Troy Leach, the council's CTO, explains how banking institutions and merchants can put the guidance to use.
The hacker community can be a cynical crowd, or perhaps a realistic one, that tries to make the best of the threats confronting society. CISO Dan Geer, for example, prefers to hire security folks who are, more than anything else, sadder but wiser.
To honor our loyal readers, and to invite even more of their comments, we're debuting a new, weekly infographic entitled ISMG Buzz, in which we offer a "best of" compilation of the latest insights.
A new point-of-sale malware strain known as Backoff has been linked to remote-access attacks, and small merchants are at greatest risk, according to an alert from federal authorities.
Five out of eight defendants have pleaded guilty to charges tied to a fraud scheme involving the theft of personal information from an AT&T call center for use in unauthorized wire transfers and to obtain payment cards.
An undisclosed number of Delaware restaurants may have been affected by a remote-access breach that compromised point-of-sale software, according to the Delaware Restaurant Association.
The FDIC this week removed its list of high-risk merchant categories from guidance related to third-party payment processors. Experts say pressure from merchants may have been the catalyst for the change.
Sources say a yet-to-be-confirmed breach of payment card data linked to transactions at Goodwill Industries could be linked to a point-of-sale vulnerability that may have affected other numerous merchants.
Point-of-sale retail breaches are the rage, but they are just one cyber-crime trend on the mind of RSA researcher Uri Fleyder. What are the malware and mobile threats that organizations should monitor?
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