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Payment Source: Rise of the Machines?

Rise of the Machines? Some Merchants Want Less Futuristic Fraud Tools BY BAILEY REUTZEL JUL 25, 2014 -- Machine-learning fraud detection, which self-updates to adapt to fraud trends, is growing in popularity but hasn't rendered hands-on methods obsolete.

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Heartbleed Bug Lays System Memory Open for Attackers

heartbleedThere’s a security bug that affects the security of nearly every user—and it may have been around for the past two years without anyone realizing it.  What is OpenSSL? OpenSSL is an extremely popular data encryption standard, and it’s used by a wide variety of different services, some of which you probably use on a daily basis—and it’s in OpenSSL that this dangerous security flaw lies. That’s huge news, and bad news, for users everywhere, because OpenSSL is part of

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Target’s Security Slip — 110 Million Customers’ Information Stolen

Target logoTarget’s Black Friday season security mishap put a harsh spotlight on consequences of less that stone-clad data security.  It also demonstrated the comparative ease with which hackers can gain access to consumer data. The attack was made possible due to a malicious software which infected Target’s point-of-sale systems, resulting in the theft of customers’ names, phone numbers, email addresses, and mailing addresses in addition to their credit and debit card numbers.  The Method of Attack With data security a hot

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Bypassing Passwords with Man-in-the-Middle

MITMMan-in-the-middle is a type of attack used by spy organizations and professional criminals alike to bypass passwords, steal login information, record private messages, move funds… Essentially, man-in-the-middle attacks can have an effect on any aspect of web-traffic. They are invisible and very difficult to detect.How it works:Normal web traffic should flow from a user’s computer (Point A) to a web app or service (Point B). The response then flows back. Man-in-the-middle attacks exploit the space between those points to gather sensitive

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Was Cyber Monday Christmas for Criminals?

Christmas cardJust as families plan, schedule and research year round for the winter festivities, so do criminals. Even though it’s just one or two days of the year, they have to make sure their fraud is perfect. Banks and e-commerce vendors are more susceptible to attacks at busy seasonal times: Christmas and the long weekend running Black Friday to Cyber Monday are the busiest online shopping days of the year. Thanksgiving Fraud: Success in the Preparation The windows of opportunity to

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