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The PCI Security Standards Council (PCI SSC) published a new data security standard for solutions that enable merchants to accept contactless payments using a commercial off-the-shelf (COTS) mobile device with near-field communication (NFC). PCI CPoC S… Continue reading CPoC: New data security standard for contactless payments
As we look to 2020 and a new decade, cybersecurity will continue to be a top priority for businesses and consumers alike. To help organizations prepare for the next year and beyond, Experian released its forecast, which predicts the top five threats bu… Continue reading What do cybercriminals have in store for 2020?
Risky transactions on mobile devices are showing an increase of 138% since 2017, iovation survey of 802 consumers from the United Kingdom and 802 consumers from the United States reveals. “Our research determined three key market drivers that will shap… Continue reading Risky transactions on mobile devices increase 138% since 2017
In Q2 2019, RSA Security identified 57,406 total fraud attacks worldwide. Of these, phishing attacks were the most prevalent (37%), followed by fake mobile apps (usually apps posing as those of popular brands). But while phishing went up by just 6 perc… Continue reading Fake mobile app fraud tripled in first half of 2019
A strong majority of US adults value additional security measures for mobile transactions, with 90% reporting they would want the ability to approve some or all mobile device transactions before the transaction is completed, and 71% interested in appro… Continue reading 90% of consumers value additional security measures to verify mobile-based transactions
Google has announced that, starting from Chrome 71, users will be explicitly warned when attempting to visit pages that try to trick them into signing up for mobile-based subscription services. The warning Pages that ask for users’ mobile phone d… Continue reading Chrome will start warning users about shady mobile subscription pages
Vulnerabilities in mPOS (mobile point-of-sale) machines could allow malicious merchants to defraud customers and attackers to steal payment card data, Positive Technologies researchers have found. The use of mPOS devices has seen huge growth over the l… Continue reading Vulnerabilities in mPOS devices could lead to fraud and theft
The mobile revolution has made it simpler and faster for banking customers to conduct financial transactions, but it has also expanded the attack surface for fraudsters aiming to steal sensitive data.
The post Mobile Financial Transactions Are Faster, But Are They Any Safer? appeared first on Security Intelligence.
Continue reading Mobile Financial Transactions Are Faster, But Are They Any Safer?
Peer-to-peer (P2P) mobile transactions are on the rise, thanks to a number of mobile payment apps available on the market. In this post, we’ll look at the security risks of using P2P payment apps and what users can do to protect themselves.
Catego… Continue reading You down with P2P? 10 tips to secure your mobile payment app
The PCI Security Standards Council has announced a new PCI Security Standard for software-based PIN entry on commercial off-the-shelf (COTS) devices such as smartphones and tablets. What are we talking about here? Stores that offer customers the possib… Continue reading PCI Council sets security requirements for mobile point of sale solutions