Payment News, Articles and Updates

Magento sites brute forced by cryptominers

Brute force attacks are being used to compromise Magento sites to scrape payment card data and deliver cryptomining malware.

Newsbite: PCI SSC to encourage more qualified integrators and resellers

PCI SCC says it is making changes to the Qualified Integrators and Resellers programme to reduce merchant risk by mitigating the leading causes of payment data breaches.

If ransom paid in Bitcoin Cash don't expect to get files back

A new ransomware attack called Thanatos demands payment in Bitcoin Cash, which contains a decryption bug that makes it impossible for attack victims to recover stolen files, reports security researcher Malware HunterTeam.

PCI DSS 2018: What does the future hold?

The vision is that Card Not Present transactions will be increasingly deflected onto other payment channels, completely bypassing the use of card numbers at the website/call centre.

The biggest challenges for businesses securing their payments

Overcoming the top five challenges businesses experience when securing their payments: Protecting data in-transit; Failing to test and audit systems; Managing chargebacks; Authenticating transactions; Physical security of data.

Mastercard hedges its bets on fingerprint scanner in new card

Money-giant Mastercard has unveiled a new payment card which contains a fingerprint scanner for the purposes of verification.

Cylance says RawPOS is back with a fresh new signature, not much else

The California-based security has published an analysis which claims not much effort has been put into the new variant, and as a result was a doddle to catch.

Payment giant Verifone investigating data breach of its systems

Breach at Verifone, the point-of-sale payment giant, once again raises concerns about credit card transactions as it insists attackers didn't get any further than its corporate network.

Data breach hits MSG: Rangers, Knicks, Rockettes fans hacked

Madison Square Garden Company (MSG) reported payment card information was stolen from potentially hundreds of thousands of customers who attended shows or sporting events at the organisation's five major venues during the last year.

Security concerns are inhibiting mobile payment adoption worldwide

More than half of global consumers believe mobile wallets are less secure than cash, but nearly 60 percent of executives say mobile money will build their business because it's safe.

Mastercard plans to authenticate transactions using selfies

Mastercard plans to authenticate transactions using selfies and thumb-prints, in a bid to move away from traditional username and password authentication, and make the payment process as frictionless as possible.