Security News
Now, nearly 24,000 WeLeakInfo's customers are finding that the personal and payment data they shared with WeLeakInfo over its five-year-run has been leaked online. In a post on the database leaking forum Raidforums, a regular contributor using the handle "Pompompurin" said he stole the WeLeakInfo payment logs and other data after noticing the domain wli[.
Today its technologies enable Axis Bank's wearables as a stylish and secure contactless way of payment. Thales has managed to condense the technology of a contactless payment card into a tiny piece of secure payment technology - Thales Gemalto FlexiTag - that can be invisibly integrated into a vast range of wearable shapes and sizes.
Mastercard is expanding the Engage platform, offering customers easy access to a growing network of qualified technology and fintech partners that can quickly deploy Mastercard Digital First solutions. These solutions will enable customers to provide entirely digital payment experiences for consumers, from acquisition and card usage to management and engagement, with a physical card option.
Samsung Electronics, Mastercard, Samsung Card, have signed a memorandum of understanding to develop a biometric card that features a built-in fingerprint scanner to authorize transactions securely at in-store payment terminals. The biometric authentication capability allows safer interactions with reduced physical contact points by eliminating the need to enter a PIN on a keypad. It also adds an extra layer of security to currently available credit cards by verifying the cardholder's identity via a unique fingerprint.
Cybercriminals are constantly exploring and documenting new ways to go around the 3D Secure protocol used for authorizing online card transactions. 3DS adds a layer of security for online purchases using credit or debit cards.
Featurespace introduces Automated Deep Behavioral Networks for the card and payments industry, providing a deeper layer of defense to protect consumers from scams, account takeover, card and payments fraud, which cost an estimated $42 billion in 2020. Automated Deep Behavioral Networks is a new architecture based on Recurrent Neural Networks that is only available through the latest version of the ARIC Risk Hub.
HUBUC announces the launch of payment cards underpinned by MOTION CODE, a dynamic CVV technology from IDEMIA for online shopping across Europe. HUBUC is a novel embedded financial services provider that offers a number of payment capabilities, including card issuance, from a single platform, integrating the IDEMIA MOTION CODE server.
Global Payments and Google announced an expansive multi-year partnership to deliver innovative cloud-based products and capabilities, enabling best-in-class digital merchant customer experiences worldwide. As part of the partnership, Global Payments will migrate its merchant acquiring technology to Google Cloud, and will provide merchant acquiring services to Google to extend its global market reach.
When it comes to paying the ransom in a ransomware attack, demands are on the rise. Pandemic-themed phishing scams, a sustained onslaught of ransomware attacks and the rise of a remote global workforce all colluded to make the last 12 months particularly brutal for information-security professionals, according to the report.
ValidCC, a dark web bazaar run by a cybercrime group that for more than six years hacked online merchants and sold stolen payment card data, abruptly closed up shop last week. There are dozens of online shops that sell so-called "Card not present" payment card data stolen from e-commerce stores, but most source the data from other criminals.