Study: New cyberthreats come in old packages

April 17, 2015

A Verizon report says that cyberattacks are increasingly sophisticated, but they're still carried out using the same old delivery techniques — phishing and…

Jackpotting in the retail ATM sector

We all know about the $1 billion multibank ATM heist via malware. But if you're a retail IAD or ISO, there's an even scarier one you should definitely be aware…

PCI SSC publishes revised data security standard

April 16, 2015

PCI DSS 3.1 and supporting guidance will help organizations address vulnerabilities within the SSL protocol that put payment data at risk, the council says.

EAST cases out ATM crime stats in 2014 full-year report

April 15, 2015

Though ATM fraud incidents fell by more than a quarter for the year, a reduction in losses did not follow — in fact, the cost of ATM-related crime rose by…

Time to talk about 'Things' …

by Richard Buckle — Founder and CEO, Pyalla Technologies, LLC

The Internet of Things will bring a deluge of Big Data; will it be 'TMI' for payments processors looking to use defined behaviors as a means of validating…

PCI council publishes guidance on computer systems penetration testing

April 14, 2015

The document offers recommendations for testing methodology, case studies, and a quick-reference guide to assist in navigating testing requirements.

EAST welcomes representative from South Africa

April 14, 2015

The South Africa Banking Risk Information Center has become a national member; SABRIC was formed to help FIs and CITs across Africa combat bank-related…

Early Warning, BioCatch partner on fraud prevention for FIs

April 14, 2015

Financial services organizations can now acquire and share behavioral intelligence to improve visibility of digital threats and reduce new account fraud and…

New best practices guide takes aim at ATM malware

April 10, 2015

ATMIA's 'Best Practices for Preventing ATM Malware, Black Box and Cyber-Attacks' explains how ATM malware works and how to detect it.

Internal ATM cash theft: The toughest temptation

How can we better design ATMs and their security systems to reduce the opportunity — and the rewards — for internal theft?

'Look Ma, no hands!' Apple patents button-free facial ID

April 6, 2015

The company has been granted a U.S. patent for technology that employs facial recognition to unlock and lock a device — entirely without the use of buttons.

FFIEC releases statements, resources to combat cyberthreats

April 3, 2015

Documents from the Federal Financial Institutions Examination Council are meant to help financial institutions identify and mitigate cyberattacks.

EMV Migration Forum publishes paper on EMV PIN change at ATM

April 1, 2015

'Implementing EMV at the ATM: PIN Change at the ATM,' provides guidance for deployers thinking about adding the facility for PIN change at the ATM.

An industry first: ATM cardless cash app from FIS gets biometric security

April 1, 2015

This month The Bancorp will become the first FI to roll out the new security feature for its mobile app from FIS.

Financial pros have faith in EMV

March 31, 2015

New research indicates a high level of confidence in EMV technology as a weapon in the fight against credit and debit card fraud.

New CSI service rates cybersecurity risk

March 27, 2015

The service is designed to help FIs gauge risk associated with their cyberpresence and evaluate the need for additional security measures.

Payment card fraud trends and stats examined in new report

March 27, 2015

The Mercator report discusses fraud rates by type, including counterfeit card, lost or stolen card, card ID theft, intercepted mail, and card-not-present.

EAST releases first European fraud report for 2015

March 27, 2015

ATM skimming was reported by 19 of 21 countries, and the use of internal card reader skimming devices appears to be on the rise.

Global uptake of biometrics expected to rise in 2015

March 27, 2015

Companies are introducing voice and face biometrics, investigating innovative methods of consumer ID management, and adding improved security features.

Smart Card Alliance lays out real cost of data breach

March 25, 2015

By the end of 2014, the average cost to a business affected by a data breach stood at $5.9 million, the alliance says.