Category Archives: EMV

Visa Delays Chip Deadline for Pumps To 2020

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Visa this week delayed by three years a deadline for fuel station owners to install payment terminals at the pump that are capable of handling more secure chip-based cards. Experts say the new deadline — extended from 2017 — comes amid a huge spike in fuel pump skimming, and means fraudsters will have another three years to fleece banks and their customers by installing card-skimming devices at the pump. Continue reading Visa Delays Chip Deadline for Pumps To 2020→

Credit Cards: Risky Business or Safe Bet?

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New regulations and the increasing threat of fraud have motivated financial institutions, merchants and consumers to rethink how they handle credit cards.

The post Credit Cards: Risky Business or Safe Bet? appeared first on Security Intelligence.

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Chip-and-PIN Fraud: The New Face of Credit Crime?

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As companies increasingly adopt EMV technology for point-of-sale terminals, attackers are finding new ways to commit chip-and-PIN fraud.

The post Chip-and-PIN Fraud: The New Face of Credit Crime? appeared first on Security Intelligence.

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Skimmers Found at Walmart: A Closer Look

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Recent local news stories about credit card skimmers found in self-checkout lanes at some Walmart locations reminds me of a criminal sales pitch I saw recently for overlay skimmers made specifically for the very same card terminals. Continue reading Skimmers Found at Walmart: A Closer Look→

Credit Unions Feeling Pinch in Wendy’s Breach

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A number of credit unions say they have experienced an unusually high level of debit card fraud from the breach at nationwide fast food chain Wendy’s, and that the losses so far eclipse those that came in the wake of huge card breaches at Target and Home Depot. Continue reading Credit Unions Feeling Pinch in Wendy’s Breach→