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Oberthur brings dynamic CVC displays to EMV chip cards

Oberthur Technologies (OT), a world leader in digital security solutions for the mobility space, today announced that it is launching the first payment card integrating dynamic Card Verification Value/Code (dCVV/dCVC) technology from NagraID Security (NIDS) in order to secure online transactions. NIDS is the display card specialist acquired by OT last month.

Home Depot confirms data breach

/Card fraud

Home Depot confirms data breach

Home improvement chain Home Depot has finally confirmed that its payment data systems have been breached, putting the card details of tens of millions of US and Canadian customers at risk.

Home Depot investigating suspected data breach

/Card fraud

Home Depot investigating suspected data breach

US renovation chain Home Depot appears to be the latest US retailer to be hit by a massive credit and debit card breach.

ATM spy camera fraudsters jailed

/Card fraud

ATM spy camera fraudsters jailed

Members of a gang which used ATM spy cameras and skimmers to steal the card details of 36,000 people across the UK have been jailed.

US supermarket chain Supervalu confirms network hit by 'criminal intrusion'

/Card fraud

US supermarket chain Supervalu confirms network hit by 'criminal intrusion'

US supermarket chain Supervalu has become the latest retailer to admit that it has been hacked and that customer card data may have been stolen.

US govt warns retailers about new POS malware family

/Card fraud

US govt warns retailers about new POS malware family

The US government has put out an alert warning retailers about a new family of malware, dubbed Backoff, targeting point-of-sale systems.

Police make StubHub cybercrime ring arrests

/Card fraud

Police make StubHub cybercrime ring arrests

New York authorities have charged six people accused of being part of an international criminal gang which used stolen card data to buy thousands of event tickets through eBay-owned StubHub.

ACI Worldwide seeks opportunities in CNP fraud protection with ReD acquisition

/Card fraud

ACI Worldwide seeks opportunities in CNP fraud protection with ReD acquisition

ACI Worldwide is to acquire UK-based payment fraud prevention outfit Retail Decisions (ReD) for $205 million in cash.

Sage Pay wins ZappHack with location-aware ticketing app

/Card fraud

Sage Pay wins ZappHack with location-aware ticketing app

After 36 gruelling hours of coding, designing and testing, Sage Pay's three-person team has emerged victorious at the ZappHack Revive Retail hackathon in London this week.

The end of verification? Visa Europe posits new age for payment security

/Card fraud

The end of verification? Visa Europe posits new age for payment security

Executives at Visa Europe are pondering an overhaul of card security standards as new technologies and consumer preferences for frictionless shopping create demands for a more flexible approach to protecting transactions.

Korean banks under siege from Android malware

/Card fraud

Korean banks under siege from Android malware

Banking Trojans masquerading as Android mobile apps are spreading like wildfire through the smartphones of Korean users, with up to 100,000 devices so far infected.

Target names DeRhodes CIO; partners MasterCard for chip and PIN

/Card fraud

Target names DeRhodes CIO; partners MasterCard for chip and PIN

Target has hired industry veteran Bob DeRodes to overhaul its security efforts in the wake of its recent massive data breach. The retail giant has also outlined plans to incorporate MasterCard chip and PIN technology across its card portfolio.

Hardware vendor LaCie warns of card data breach

/Card fraud

Hardware vendor LaCie warns of card data breach

French computer hardware firm LaCie is warning customers who have used its Web site over the last year that hackers may have stolen their card data.

As US card fraud rises, firms increase security spending

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As US card fraud rises, firms increase security spending

US credit card fraud increased last year despite efforts by firms to beef up their security, according to an Association for Financial Professionals (AFP) survey.

Hackers steal Texas liquor store chain customer data

/Card fraud

Hackers steal Texas liquor store chain customer data

More than half a million people may have had their card data stolen after a data breach at Texas wine and liquor store chain Spec's which dates back 18 months.

Feds bust international card fraud gang

/Card fraud

Feds bust international card fraud gang

US authorities have indicted 17 people accused of using stolen card data from Europe to withdraw hundreds of thousands of dollars from ATMs in Chicago.

US charges three in multi-million dollar cybercrime case

/Card fraud

US charges three in multi-million dollar cybercrime case

US authorities have charged three men accused of using information hacked from more than a dozen financial service firms in a bid to steal at least $15 million.

Visa and MasterCard launch cross-industry effort to push US adoption of EMV

/Card fraud

Visa and MasterCard launch cross-industry effort to push US adoption of EMV

In the wake of the Target data breach, rivals MasterCard and Visa have joined forces to create a cross-industry group that will push for greater payment security, beginning with the introduction of EMV chip technology in the US.

Crooks swipe PayPal chief Marcus's card data for shopping spree

/Card fraud

Crooks swipe PayPal chief Marcus's card data for shopping spree

PayPal president David Marcus has fallen foul of crooks who swiped the details of his EMV card and used the information to go on a shopping spree.

Hacked Target hastens migration to chip cards

/Card fraud

Hacked Target hastens migration to chip cards

Target has promised to accelerate its $100 million programme to roll out smart card technology in stores to help guard against further fraud.

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