The year of EMV migration is finally upon us, and for small merchants in the US, that means significant changes when it comes to payments.
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PALO ALTO, Calif. — In late 2013, an A.T.M. in Kiev started dispensing cash at seemingly random times of day. No one had put in a card or touched a button. Cameras showed that the piles of money had been swept up by customers who appeared lucky to be there at the right moment.
New research suggests more than 1 billion data records were stolen from more than 1,500 individual data breaches last year. The latest findings from Gemalto, an enterprise security firm, represent a significant year-over-year increase in both corporate breaches and data theft.
MasterCard and Visa are ramping up cybersecurity efforts for online and mobile transactions.
Just fewer than half of Americans say that a retailer, bank or credit-card company has told them or a household member that their payment card details were stolen in a data breach, according to the latest Wall Street Journal/NBC News poll.
As U.S. banks and retailers are barreling toward a 2015 deadline to replace magnetic-stripe credit and debit cards with more secure cards that come embedded with a microchip, researchers have announced a critical flaw in the card system.
Responding to the rising number of data breaches at US retailers, President Obama on Friday signed an executive order that will implement enhanced payment security measures throughout the federal government.
Today, news broke of yet more large-scale credit-card breaches at big-box stores, this time at Albertson’s and Supervalu, grocery chains in the American west.
The thermometer showed a 103.5-degree fever, and her 10-year-old’s asthma was flaring up. Mary Bolender, who lives in Las Vegas, needed to get her daughter to an emergency room, but her 2005 Chrysler van would not start. The cause was not a mechanical problem — it was her lender.
With hackers stealing millions of credit and debit card numbers with seeming impunity from Target, Home Depot, and other retailers lately, it might seem as if there’s nothing the average consumer can do to protect themselves.
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