Security News
A cybercrime group known for targeting e-commerce websites unleashed a "Multi-stage malicious campaign" earlier this year designed with an intent to distribute information stealers and JavaScript-based payment skimmers. The ultimate goal of the attack, the researchers noted, was to steal payment and user data via several attack vectors and tools to deliver the malware.
The partnership will further enhance Cellulant's cybersecurity by proactively securing its digital banking channels and guarding against digital banking and payment fraud. Entersekt is working with the Cellulant team to integrate its mobile software development kit with Cellulant's product stack, making Entersekt's authentication and app security solutions available to Cellulant's clients.
PCI Pal announced a new collaboration with Oracle to offer its contact center customers additional security and compliance options for Cardholder Not Present payments. Bringing together Oracle's market-leading Enterprise Session Border Controller with PCI Pal's proven PCI compliance solutions, Oracle customers can ensure that their voice interactions and sensitive cardholder data are secure.
Mastercard continues to deliver on its multi-rail strategy with the addition of Account-to-Account payments functionality to Mastercard Track Business Payment Service. Building on the success of card payments within Mastercard Track Business Payment Service, businesses can now have a similar experience for A2A payments - exchanging data with greater efficiency and facilitating payments across multiple payment rails including Real Time Payments and the Automated Clearing House in the United States.
Australia will develop the capability to use payment records in the service of coronavirus contact tracing. A National Contact Tracing Review released last Friday called for a raft of information technology responses to the pandemic, on grounds that containment of the novel coronavirus will be needed even after a vaccine emerges.
That's because pretty much every mobile phone in the world can receive text messages, regardless of its age, feature set or ability to access the internet. The obvious solution in cases like this, where you want to check if there really is a problem with your mobile phone account balance - or your credit card statement, or, your latest home delivery, or your streaming video subscription, or whatever it might be.
ACI Worldwide announced ACI Fraud Management in the cloud enables Indian banks to protect the rapidly growing number of Unified Payments Interface transactions across the region. "A supportive regulatory environment, coupled with ever-increasing smartphone usage, internet access and customer acceptance, has powered rapid UPI transaction growth. However, surging transaction volumes pose a complex challenge to banks and financial institutions when it comes to upgrading and maintaining their back-end risk management systems," said Kaushik Roy, vice president and country leader - South Asia, ACI Worldwide.
BEC attacks increased 15% quarter-over-quarter, driven by an explosion in invoice and payment fraud, Abnormal Security research reveals. "As the industry's only measure of BEC attack volume by industry, our quarterly BEC research is important for CISOs to prepare and stay ahead of attackers," said Evan Reiser, CEO of Abnormal Security.
The company's response was less than solid gold - it took months to notify its users of the breach. In a notice sent to its online customers, the company said that it became aware of suspicious activity on its website on July 6.