The ransomware plague cost the world over $1 billion

Group-IB has presented a report which examines key shifts in the cybercrime world internationally between H2 2019 and H1 2020 and gives forecasts for the coming year. The most severe financial damage has occurred as a result of ransomware activity. The… Continue reading The ransomware plague cost the world over $1 billion

Cybercriminals Steal Nearly 1TB of Data from Miami-Based International Tech Firm

Databases of sensitive, financial and personally identifiable info and documents from Intcomex were leaked on Russian-language hacker forum after a ransomware attack. Continue reading Cybercriminals Steal Nearly 1TB of Data from Miami-Based International Tech Firm

ATM cash-out: A rising threat requiring urgent attention

The PCI Security Standards Council (PCI SSC) and the ATM Industry Association (ATMIA) issued a joint bulletin to highlight an increasing threat that requires urgent awareness and attention. What is the threat? An ATM cash-out attack is an elaborate and… Continue reading ATM cash-out: A rising threat requiring urgent attention

Man-in-the-Middle Attack Makes PINs Useless for VISA Cards

EMV protocol is vulnerable to a man-in-the-middle attack All VISA credit cards are affected VISA has to issue update for POS terminals Swiss security researchers have discovered a way to bypass the PIN authentication for Visa contactless transactions. … Continue reading Man-in-the-Middle Attack Makes PINs Useless for VISA Cards

What is the difference between a multi-use and a single-use credit card token [closed]

We are a large e-commerce website trying to introduce a feature by which customers can save their credit card details securely. We are aware of the need for PCI compliance and working out the necessary security aspects. If singe-use tokens… Continue reading What is the difference between a multi-use and a single-use credit card token [closed]

75% of cardholders prefer contactless cards to other payment methods

Based on responses from 1,000 U.S. cardholders who are familiar with contactless credit/debit card or “tap and pay” technology, a new Entrust Datacard survey reveals that 75% of U.S.-based payment cardholders prefer contactless cards as their primary p… Continue reading 75% of cardholders prefer contactless cards to other payment methods