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How US Mobile Leverages Digital Identity To Protect Against SIM Swap Fraud

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Digital identity has become a crucial part of the telecommunications industry as the proliferation of smartphones and the personal data they hold makes security paramount. Such security methods can be critical to preventing fraud that targets mobile users, of which one of the most prevalent types is SIM swap fraud.

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Low-Cost Mobile Card Readers Have Security Flaws

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Positive Technologies researchers Leigh-Anne Galloway and Tim Yunusov are warning that new lower-cost payment systems could hurt companies because of security flaws that could enable hackers to steal credit card data or change the value of what people are purchasing. The card readers typically attach to a tablet and or smartphone.

Security 111
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Earl Enterprises Acknowledges Data Breach Of 2M Cards

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Buca di Beppo , the Italian restaurant chain, reportedly knew about a data breach that resulted in two million credit card and debit numbers being stolen since Feb. KrebsOnSecurity said credit and debit card accounts from Earl Enterprises restaurants were up for sale as of Feb. 21 — but waited until the end of March to reveal it.

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Tech, Global Network Of Merchants Can Combat Ecommerce Fraud

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Emailage, the email risk assessment company, has found that during 2016 $1 billion in fraud was stopped by using technology and a syndicated network of global merchants. With the rapid changes to the payment space driven by mobile devices, EMV and other solutions, online fraud will only continue to rise, said Emailage.

Fraud 101
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MGM Resorts Admits To 2019 Hack

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The hotel said the data breach didn’t involve any password, financial or payment card information, and that all the guests who were affected were notified of the incident. The resort said it had upgraded its security to make sure a data breach like this one never happens again.

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Justice Department Announces Three Dozen Indictments In $530M Cyber ID Crime Spree

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“Today’s indictment and arrests mark one of the largest cyber fraud enterprise prosecutions ever undertaken by the Department of Justice,” acting assistant attorney general John Cronan said. In similar news published by ZDNet.com , the group has been charged with nine counts ranging from conspiracy to racketeer to computer crimes.

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Digital Security 2016: At The Crossroads Of Biometrics, EMV And Mobility?

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It’s been a busy 12 months since the last Money20/20, as new technologies and threats have disrupted the security space time and time again. Similarly, the continued steady global increase in the use of mobile devices helped fuel the development and release of new tools to security companies, as well as access to richer, deeper user data.

Security 100