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News

Experts Analysis Of Wawa Breach Potentially Compromised 30 Million+ Payment Cards

January 30, 2020 -- In late December 2019, fuel and convenience store chain Wawa Inc. said a nine-month-long breach of its payment card processing systems may have led to the theft of card data from customers who visited any of its 850 locations nationwide.[quote]"Many retailers and are suffering from PoS attacks as hackers deploy malware within the merchant payment ecosystem, in an effort to steal credit card information as consumers provide it. Once stolen, this card data, including card number,

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The Architecture of an Attack: NuData Breaks Down Account Takeover Attacks

January 15, 2020 -- Looking back at the holiday season, merchants faced a timeless struggle: stopping fraudsters. While dealing with fraud is a challenge year-round, the holiday season makes it even more difficult.In November and December, people shop more to prepare for the holidays, causing eCommerce volumes to rise. Aware of the uptick in volume, criminals launch attacks, trying to take advantage of merchants who are struggling to keep up with all the traffic.[quote]"It’s safe to assume that nearly every

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Some Fraudsters Are Emphasizing Quality in Their Attacks

January 09, 2020 -- Sophisticated attacks monitored by Mastercard Inc. subsidiary NuData Security jumped 430% in late 2019, with fraudsters deploying more human-aided online attacks rather than fully automated ones in order to fool the defenders. Those findings come from NuData’s “2019: Fraud Risk at a Glance” report released Thursday..[quote]"NuData’s network of clients from January to October, says human-driven attacks jumped from about 1,000 in July to nearly 28,000 in September before falling off in October. In all, human-driven attacks

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Landry’s Inc Hacked Despite End-to-end Encryption

January 06, 2020 -- Landry’s Inc., a restaurant and hospitality corporation that owns popular eateries such as McCormick and Schmick’s, Rainforest Cafe and Del Frisco’s, was infected by malware that infected its order-entry systems to steal customer payment card information. The malware was able to infiltrate Landry’s systems despite having end-to-end encryption enabled.[quote]"The Landry breach is a prime example of why all credit card systems have to be secured throughout the payment chain, including devices that are not meant to

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Within two hours someone (or something) tried to make a purchase on stolen credit card data

December 18, 2019 -- Security researcher finds that financial data doesn't get left alone too long on the darkweb. Hackers test out credit card data found on the dark web in a little over two hours, according to a security researcher.[quote]"Cyber-criminals test cards to make sure they are active, so they are able to resell them to other cyber-criminals for a higher price. Once sold, it’s a race against the clock to commit fraud using the valid stolen credit card…

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