3 Tips to Keep Your Company Data Safe

Keeping yourself protected from increasingly common cyber-attacks is now one of the most important areas of business management. It’s a fact that with cybercrime consistently on the rise, the potential damage that can occur due to a data breach can end up damaging your company beyond repair. Luckily, this needn’t be the case, and with

Cybersecurity Specialist: A Career Guide

Cybersecurity is a booming field that many people are going into because of the many benefits it has to offer. If you want a career change to something exciting and rewarding, this is certainly one option that you will want to take a closer look at. There are many benefits to becoming a cyber security

Merchants and Consumers on EMV Credit Card Processing

EMV (Europay, MasterCard, and Visa) chip card payments at the US point of sale (POS) are now 2 years’ old (October 2015) at least officially. However, according to a poll of consumers and retailers by a Boston-based merchant processor, consumers think purchases are still being processed slowly; many merchants still don’t accept chip cards. Merchants’

Fraudsters Adopt New Tricks, ID Fraud Soars to All Time High

As fraudsters find new ways to imitate their victims, ID fraud soars to record levels. It would seem these criminals are applying for fake policies to build on the profiles of their victims. Fraud prevention service, Cifas, revealed that identity theft reached an all-time high during the first six months of 2017. According to their

Affected By The Equifax Hack? How to Find Out

The Equifax breach occurred between mid-May and July, according to Equifax. The company discovered the hack on July 29. This is one of the worst data breaches ever, by its reach and by the kind of information exposed to the public. Equifax Data Breach Equifax reported that 143 million people could be victimized by a

Millions Of Merchants May Fail To Meet The Security Deadline

While an overwhelming number of retailers in the United States are still pacing the shift to the use of EMVs, another persuasive tech has hit the market. Most retailers are still lagging behind as they should have ditched the use of TLS 1.0 as their primary transaction security protocol which is set to expire in

Card-Not-Present (CNP) Fraud Is on the Rise

Card-not-present (CNP) fraud is growing as cyber thieves are becoming more skillful at using both technology and stolen payment card data to defraud retailers all over the world. Card-Not-Present (CNP) Fraud According to Research and Markets, the world’s leading market research store, e-commerce merchants, particularly in the US, are dealing with rapid online sales growth.

Recent Mobile-Accepting Merchants Risk Detection

Merchants successfully deal with payment methods but have some problems in some key areas. Particularly, they have difficulty identifying overseas transactions, according to recent survey results by a risk management firm. The survey was conducted online between April and June. More than 800 merchants in some 29 industries participated in the survey. The revenue generated

Directive On Payment Services (PSD2) and Customer Authentication

The revised Directive on Payment Services (PSD2) is to be implemented in January 2018. PSD2 is going to introduce new rules focused on opening access to payment account information to 3rd parties. The Payment Services Directive (PSD, 2007/64/EC) is an EU Directive, administered by the European Commission (Directorate General Internal Market) to regulate payment services