Payments News

On The Web

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Regulation

California to Close Data Breach Notification Loopholes Under New Law

“The golden state’s attorney general Xavier Becerra announced a new bill Thursday that aims to close loopholes in its existing data breach notification laws by expanding the requirements for companies to notify users or customers if their passport and government ID numbers, along with biometric data, such as fingerprints, and iris and facial recognition scans, […]
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Reports

Study: Only 11% Of Consumers Trust Retailers To Handle Data Breaches Properly – Retail TouchPoints

“Retailers face a significant mistrust issue when it comes to data breaches: only 11% of consumers trust retailers to properly handle data breaches, according to a survey by First Data. High-profile events, such as the HBC data breach that affected as many a 5 millionshoppers in 2018, can erode trust across the entire industry. But retailers have many tools to help them […]
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Risk & Fraud

Researchers who claim to have discovered the Citrix breach say Iran-linked hackers stole at least 6TB of data and may have first gained access 10 years ago

“Iranian-backed hackers have stolen vast amounts of data from a major software company that handles sensitive computer projects for the White House communications agency, the U.S. military, the FBI and many American corporations, a cybersecurity firm told NBC News. Citrix Systems Inc. came under attack twice, once in December and again Monday, according to Resecurity, which notified […]
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Risk & Fraud

A New Breed of ATM Hackers Gets in Through a Bank’s Network

“These system architecture improvements, combined with tailored monitoring to flag and block more fraudulent fund transfers, have inspired scammers to innovate in kind. In an attack on India’s Cosmos bank last August, hackers stole $13.5 million by infecting the bank’s ATM server with malware that retrieved customer information and their assigned SWIFT codes. Then they […]
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Risk & Fraud

AeroGarden Maker Says Hackers Stole Months of Credit Card Data

“Bad news for home gardeners: criminals might have your credit card data. AeroGrow, the maker of the at-home garden kit AeroGarden, said in a letter to customers that its website had credit card scraping malware for more than four months. The company said anyone who bought something through its website between October 29, 2018 and […]
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Risk & Fraud

Stolen Payment Cards For Sale Linked to Breach at Restaurant Operator Earl Enterprises

“Mark the latest data breach as another conquest for hackers. Earl Enterprises, owner of the Buca di Beppo, Bertucci’s, Planet Hollywood, and the Earl of Sandwich restaurant chains, among others, said point-of-sale malware captured credit and debit card information from May 23, 2018, through March 18, 2019, at a variety of its locations. Restaurants potentially […]
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