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Tag: Payments


Cyber-crime, Phishing

FBI Warns of ‘Reverse’ Instant Payments Phishing Schemes

April 18, 2022

Via: Security Week

As part of these attacks, the cybercriminals target users of digital payment applications with fake text messages pretending to be from legitimate financial institutions, asking customers to verify they has initiated instant money transfers. “Cybercriminals are targeting victims with a […]


Cyber-crime, Phishing

Economic Stimulus Payments: A Fraud Target

April 20, 2020

Via: DataBreach Today

The U.S. Treasury Department is anticipating fraud as the IRS distributes about $300 billion in direct cash payments to Americans to provide economic relief during the COVID-19 pandemic. Two services the IRS has quickly stood up for submitting their direct […]


Access control

Mastercard introduces fingerprint authentication in South Africa

May 22, 2017

Via: Hot for Security

Mastercard has released a biometric card that uses the holder’s fingerprint to authorize in-store payments without requiring a PIN or signature. Stores don’t need new hardware, because the card comes with an in-built fingerprint scanner and works with any EMV […]


Malware

Keep your POS machines safe

March 25, 2016

Via: TrendMicro Blog

Point-of-sale machines are one of the most important parts of the retail ecosystem. After all, without these devices, transactions couldn’t take place, or would be incredibly slow with pencil and paper. Therefore, ensuring the functionality and security of these systems […]


Application security

What CIOs need to know about digital payments

August 25, 2015

Via: application-security

Paper checks are so last-century. According to a survey by Blackhawk Network Shopper, #digital #payments are on the rise and consumers are frustrated when their money does not move at the speed they want. And the impending move to chip-and-pin […]