On-card biometric for contactless payments tested in first commercial pilots

Visa has initiated pilots with Mountain America Credit Union and Bank of Cyprus of a new EMV dual-interface (chip- and contactless-enabled) payment card, making these the first commercial pilots to test an on-card biometric for contactless payments. Wi… Continue reading On-card biometric for contactless payments tested in first commercial pilots

Consumers are ready to say goodbye to passwords

A new survey of 1,000 Americans exploring awareness and perceptions of biometric authentication confirms that consumers continue to have a strong interest in new biometric technologies that make their lives easier. New forms of authentication, such as … Continue reading Consumers are ready to say goodbye to passwords

Breach at Sonic Drive-In May Have Impacted Millions of Credit, Debit Cards

Sonic Drive-In, a fast-food chain with nearly 3,600 locations across 45 U.S. states, has acknowledged a breach affecting an unknown number of store payment card systems. The ongoing breach may have led to a fire sale on millions of stolen credit and debit card accounts that are now being peddled in shadowy underground cybercrime stores, KrebsOnSecurity has learned. Continue reading Breach at Sonic Drive-In May Have Impacted Millions of Credit, Debit Cards

Equifax Hackers Stole 200k Credit Card Accounts in One Fell Swoop

Visa and MasterCard are sending confidential alerts to financial institutions across the United States this week, warning them about more than 200,000 credit cards that were stolen in the epic data breach announced last week at big-three credit bureau Equifax. At first glance, the private notices obtained by KrebsOnSecurity appear to suggest that hackers were first able to steal credit card numbers from Equifax starting in November 2016. But Equifax says the accounts were all stolen at the same time — when hackers accessed the company’s systems in mid-May 2017. Continue reading Equifax Hackers Stole 200k Credit Card Accounts in One Fell Swoop

Credit Card Breach at Buckle Stores

The Buckle Inc., a clothier that operates more than 450 stores in 44 U.S. states, disclosed Friday that its retail locations were hit by malicious software designed to steal customer credit card data. The disclosure came hours after KrebsOnSecurity contacted the company regarding reports from sources in the financial sector about a possible breach at the retailer. Continue reading Credit Card Breach at Buckle Stores

Connected devices and the future of payments

More than 80 percent of Americans have a strong interest in using connected devices to make purchases, with a keen eye toward security and data concerns, according to Visa and Pymnts. More spending, across more devices, in less time As the use of voice-controlled assistants and wearable devices become more commonplace, consumers are citing adoption benefits such as saving time, more frictionless payments, and efficiency with day-to-day tasks. With benefits such as these, it is … More Continue reading Connected devices and the future of payments

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

Fast Food Chain Arby’s Acknowledges Breach

Sources at nearly a half-dozen banks and credit unions independently reached out over the past 48 hours to inquire if I’d heard anything about a data breach at Arby’s fast-food restaurants. Asked about the rumors, Arby’s told KrebsOnSecurity that it recently remediated a breach involving malicious software installed on payment card systems at hundreds of its restaurant locations nationwide. Continue reading Fast Food Chain Arby’s Acknowledges Breach

Hack Naked News #103 – December 6, 2016

The USB killer is on the loose, why you shouldn’t use Visa, Obama challenges the Trump administration (sorta), the dumbest car thief of the week, and much more on this edition of Hack Naked News! Full Show Notes Take the Security Weekly survey Visit http://hacknaked.tv to get all the latest episodes! http://traffic.libsyn.com/hntvaudio/Hack_Naked_News__103_-_December_6_2016_converted.mp3 Continue reading Hack Naked News #103 – December 6, 2016