Subscribe

Subscribe to Payment-Times.com by Email

SUBSCRIBE TO RSS FEED

Tag Archives: Payment Fraud

MasterCard, Visa confirm credit card data theft described as 'massive'

MasterCard, Visa confirm credit card data theft described as ‘massive’ As Reported by Bob Sullivan via MSNBC “MasterCard is currently investigating a potential account data compromise event of a U.S.-based entity and, as a result, we have alerted payment card issuers regarding certain MasterCard accounts that are potentially at risk,” that association said in a [...]

FBI: Cyber-terrorism a real and growing threat to U.S.

FBI director Robert Mueller: “The risks are right at our doorsteps and in some cases they are in the house”; Richard Clarke, former White House terrorism czar: “Every major company in the U.S. and Europe has been penetrated — it’s industrial warfare” Published 5 March 2010 – Homeland Security News Wire Terrorists, crooks, and nation [...]

By Marcia Savage, Site Editor 03 Nov 2009 | SearchFinancialSecurity.com The surge of Automated Clearing House (ACH) fraud committed by criminals stealing the online banking credentials of small and midsize businesses has resulted in approximately $100 million in attempted losses, according to the FBI. Criminals are hitting businesses at a rapid clip, with several new [...]

Payment fraud is a hot topic these days and we wanted your thoughts. How is your company working to protect themselves from fraud? Do you use human or computer aided technologies?