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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. “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 …

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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. “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 …

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Stolen data’s a hot potato that gets quickly passed around

December 13, 2019 — In the digital economy, data has become the most valuable asset for any organization, with 97% of businesses using data to power their business opportunities and 76% of businesses using data as an integral part of forming a business strategy. “Through step-ups such as one-time passwords, two-factor authentication, security tokens, and physical biometrics, companies are finding alternatives to avoid relying on a password or other personally identifiable data that could have been stolen.“ For the complete …

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Who’s hacking into home security cameras?

December 12, 2019 — Motherboard Tech by Vice is reporting that a group of about 200 hackers have been targeting Nest and Ring cameras and livestreaming the feeds to the Discord server, calling it the NulledCast, a show that “uses the cameras and speakers to talk to and harass their unsuspecting owners”. “In the case of Ring, the research that we’ve done, it appears that this is a password issue,” said Robert Capps, vice-president of market innovation for NuData Security. …

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Leveraging Data and Authentication: Mastercard’s Approach to Combatting Digital Fraud

December 10, 2019 — Throughout history, merchants have had to contend with fraud. So long as there’s money to be made, criminals will try to exploit any vulnerabilities, and so long as there’s money on the line, merchants will fight back. “With more people communicating, transacting, and interacting through cyber channels, digital fraud is only going to increase. This means it’s crucial for merchants to adopt strategies to fight back. While digital fraud is certainly a major problem, it is …

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