Most e-commerce websites running Magento at high risk of cybercrime

New research has found 87% of SME websites using the Magento platform are currently at high risk from cyber attacks. By contrast, under 10% of websites using other major e-commerce platforms surveyed register in the same high risk category. Foregenix a… Continue reading Most e-commerce websites running Magento at high risk of cybercrime

Hackers Breached Virginia Bank Twice in Eight Months, Stole $2.4M

Hackers used phishing emails to break into a Virginia bank in two separate cyber intrusions over an eight-month period, making off with more than $2.4 million total. Now the financial institution is suing its cybersecurity insurance provider for refusing to fully cover the losses. Continue reading Hackers Breached Virginia Bank Twice in Eight Months, Stole $2.4M

Payments Giant Verifone Investigating Breach

Credit and debit card payments giant Verifone [NYSE: PAY] is investigating a breach of its corporate computer networks that could impact companies running its point-of-sale solutions, according to multiple sources. Verifone says the extent of the breach was “limited” and that its payment services network was not impacted.

San Jose, Calif.-based Verifone is the largest maker of credit card terminals used in the United States. It sells point-of-sale terminals and services to support the swiping and processing of credit and debit card payments at a variety of businesses, including retailers, taxis, and fuel stations.

On Jan. 23, 2017, Verifone sent an “urgent” email to all company staff and contractors, telling them that they had 24 hours to change all company passwords. Continue reading Payments Giant Verifone Investigating Breach