Cybercriminals Fill Up on Gas Pump Transaction Scams Ahead of Oct. Deadline

Gas stations are gearing up for a major change in credit-card fraud liability in October, when they will find themselves on the hook for card-skimming attacks at the pump. In the meantime though, cybercriminals will be targeting pay-at-the-pump point-of-sale mechanisms with a vengeance, researche...

PCI Announces Coming Qualified PIN Assessor (QPA) Program

Second only to protecting sensitive credit card account information, safeguarding the cardholders personal identification number PIN is one of the most important tasks for prevention of card-present fraud in retail and banking. With the continued movement toward chip-and-PIN EMV the technology...

U.S. Chip Cards Are Being Compromised in the Millions

Chip-and-PIN technology has become the de-facto standard for in-person credit- and debit-card transactions in the U.S. – but a lack of merchant compliance means that cards are still being compromised in the millions. Chip cards, which contain an embedded microprocessor that encrypts the card data...

Dixons Carphone Data Breach Affects 10 Million Customers

Dixons Carphone's 2017 data breach was worse than initially anticipated. In an announcement on Monday, Dixons Carphone, one of the largest consumer electronics and telecommunication retailers in Europe, admitted that the breach affected around 10 million customers, up from an initial estimate of...

Prilex ATM Malware Modified to Clone Chip-and-Pin Payment Cards

By Uzair Amir It is just another day with just another ATM malware This is a post from HackRead.com Read the original post: Prilex ATM Malware Modified to Clone Chip-and-Pin Payment Cards...

This ATM Hack Allows Crooks to Steal Money From Chip-and-Pin Cards

Forget about security! It turns out that the Chip-and-PIN cards are just as easy to clone as magnetic stripe cards. It took researchers just a simple chip and pin hack to withdraw up to $50,000 in cash from an ATM in America in under 15 minutes. We have been told that EMV Europay, MasterCard and...

Researchers Bypass Chip and Pin Protections at Black Hat

LAS VEGAS – Credit card companies for the most part have moved away from “swipe and signature” credit cards to chip and pin cards by this point; the technology known as EMV Europay, MasterCard, and Visa which is supposed to provide consumers with an added layer of security is beginning to see som...

Wendy's Comes Clean On Data Breach

Fast-food chain Wendy’s disclosed it was a victim of a point-of-sale system attack that installed malware on PoS computers affecting 300 franchise restaurants. The disclosure was part the company’s first quarter 2016 SEC filings on Wednesday and is the most complete account to date of a 2015 data...

FireEye Details Microsoft Zero Day Attack on 100 Companies

More than 100 North American companies were attacked by crooks exploiting a Windows zero day vulnerability. The attacks began in early March and involved the zero day vulnerability CVE-2016-0167 reported and partially fixed in April’s Patch Tuesday security bulletins by Microsoft. The zero day wa...

POS Malware Tool "Treasurehunt' Targets Small US-Based Banks, Retailers

As more US companies snuff out point of sale malware by deploying chip-and-PIN bankcard technology, attackers are rushing to exploit existing magnetic strip card systems still vulnerable to malware. A group of hackers that go by the name Bears Inc. are behind the latest barrage of attacks with a...

American Express Notifies of Data Breach

American Express has begun notifying cardholders that their data may have been compromised in a third-party breach. A notification letter filed on March 10 with California’s attorney general indicates that AmEx account numbers, user names and other information including expiration dates may have...

Credit Card Magstripe Spoofer: MagSpoof

MagSpoof is a device that can spoof/emulate any magnetic stripe or credit card. It can work “wirelessly”, even on standard magstripe/credit card readers, by generating a strong electromagnetic field that emulates a traditional magnetic stripe card. MagSpoof does not enable you to use credit cards...

This $10 Device Can Guess and Steal Your Next Credit Card Number before You've Received It

Imagine you have lost your credit card and applied for a fresh credit card from your bank. What if some criminal is using your new credit card before you have even received it? Yes, it's possible at least with this $10 device. Hardware hacker Samy Kamkar has built a $10 device that can predict an...

How Hackers Can Hack Your Chip-and-PIN Credit Cards

October 1, 2015, was the end of the deadline for U.S. citizens to switch to Chip-enabled Credit Cards for making the transactions through swipe cards safer. Now, a group of French forensics researchers have inspected a real-world case in which criminals played smart in such a way that they did a...

Chip Cards Finally Come to America – But What Does it Mean for Merchants and Consumers?

Like it or not, today the U.S. finally adopts EMV technology. While the implementation by most major retailers and large U.S. banks is expected to be delayed, the "chip and PIN" card types are coming to America to stay. The real debate is, will EMV adoption do anything for card data security?...

Chip-and-PIN Credit Cards and The Deadline: Here's What You need To Know

October 1 Liability shift ENDS! Today, 1st October 2015, is the deadline for US-based Banks and Retailers to roll out Chip-embedded Credit Cards powered by EVM Technology to customers that will make transactions more secure. EVM Technology stands for Europay, MasterCard and Visa -- a global...

Smart ATM offers Cardless Cash Withdrawal to Avoid Card Skimmers

Banks have tried every effort, from providing Magnetic Stripes based Credit and Debit Cards to Chip-and-Pin Cards, in order to secure its users from credit card cloning and card Skimmers. It has been known from years that Magnetic stripe are incredibly hackable, but Chip-n-Pin cards have also bee...

Quantum Encryption Makes Credit Cards Fraud-Proof

Credit card frauds are very common these days – today a data breach occurs in retailer’s shop, online shopping site or banking site and at the next moment millions of cards appears in the underground black market – how simple is that for cyber criminals nowadays. But imagine if there is no possib...

American Express Brings Tokenization to Payment Cards

American Express has taken steps toward lifting the burden from retailers having to store payment-card data with the announcement of its American Express Token Service. The service will replace traditional 16-digit credit card numbers with a digital token. Consumers carrying a card supporting the...

Obama Executive Order Forces Chip & Pin, EMV on Government

President Barack Obama last week signed an Executive Order that will force the federal government to adopt chip and PIN technology for government payment cards and to outfit retail point-of-sale terminals at federal facilities – like national parks and post offices – with the capacity to accept...