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PaymentsSource: Point of sale attacks are a ‘point of no return’

September 19, 2018 — Cybercriminals are getting creative with malware for point of sale devices – and what you need to know to protect your data.   Ryan Wilk, VP at NuData, in his latest article discusses how increased malware creativity and sophistication targeted at point of sale (POS) systems is leaving data such as credit card information exposed. The new malware targets system weaknesses that have affected many household brands in the last months. Necessary precautions need to be incorporated

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All EC: How Retailers Can Break the Fraud Chain

July 11, 2018 — As eCommerce fraud fear rises, the impact of security on customer experience must be considered. Robert Capps, VP at NuData, wrote on a report issued yesterday by All EC, disclosing the tactics that retailers can use to effectively mitigate CNP fraud. According to a recent study from the Federal Reserve Bank of Minneapolis, the average retailer’s biggest worry is eCommerce fraud, but there are barriers to preventing it, including ruining customer experience. Capps suggests that by

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PaymentsSource: Fraudsters are flocking to online/in-store hybrids

July 10, 2018 — Attempting to lower fraud and improve customer experience at the same time may be easier than it sounds. Ryan Wilk, VP at NuData, wrote a report issued yesterday by PaymentsSource disclosing that as the option of buying online, and picking up in the store (BOPIS) is seen as convenient, but may contain inherent security risk. As increased numbers of consumers ask for tracking across all touchpoints, BOPIS arose as a method of attempting to give this

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E-Commerce Times: Breaking the Fraud Chain

June 29, 2018 — How to effectively mitigate CNP fraud through multilayered solutions. Robert Capps, VP at NuData, wrote a report issued yesterday by The E-Commerce Times, disclosing that by securing every “link”, eCommerce companies can stop large amounts of CNP fraud. Looking at not only your POS systems, but deeper, into who your third, fourth and fifth party providers are, can create an effective risk management strategy for companies hoping to fend off a breach. Online fraud is one

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PaymentsSource: As consumers warm to biometrics, there’s no reason to stick with passwords

June 22, 2018 — As cybersecurity awareness grows, so does a preference for authentication forms alternative to passwords. Robert Capps, VP at NuData, wrote a report issued yesterday by PaymentsSource, disclosing that in a recent survey by research firm Blink, and authentication company Trustona interesting stats were found about biometric adoption. The data collected shows that 80% of consumers are interested in using biometrics because it is safer, in addition to 52% of consumers wanting a modern log in method.

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