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Friday, July 31, 2009

MasterCard/Visa See Debit Grow but"Credit Declined"

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MasterCard Inc. saw U.S. debit card purchase volume rise 3.4% from year-earlier levels to $82 billion in the second quarter, and debit purch...

Merchant Risk Council Adds New Board Members

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FOR IMMEDIATE RELEASE MERCHANT RISK COUNCIL ADDS NEW BOARD MEMBERS Leaders from Accertify, GlobalCollect, Linden Lab and Microsoft Join MRC ...

In Two Weeks Your iPhone Will Be Hacked

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Does the picture on the left look familiar?  Cause I've used it a dozen times in a dozen posts.  In fact,  most recently, about two post...

Jamaica Fraud Tops $3 Billion Dollars

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Jamaica Gleaner News - Fraud hits historic high at $3b - Business - Friday | July 31, 2009 Fraud hits historic high at $3b Published: Friday...

Think This is Safe? Think Differently!

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Experts predict more mobile Trojan slip-ups on the way As news that the Symbian Foundation has admitted it needs better safeguards to preve...

4 Arrested in $422,000 ATM Scam

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Gang charged in $422,000 ATM scam Authorities in New York have arrested four people accused of stealing $422,000 by exploiting a regulation ...

More on Clampi...It's the Big One!

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"The best strategy to defend against Clampi is to use separate machines for Web surfingand funds transfer"   "We weren't ...
Thursday, July 30, 2009

Security Researchers: Online Transactions Aren't Safe

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If you think you are seeing a pattern over the last two days, about how insecure the internet is, especially when it comes to financial tra...

Down on Main Street

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Pain on Main Street : A First-Ever Drop in Card-Based Same-Store Sales (July 30, 2009) As the recession continues to batter merchants of all...

Malware Numbers Intensify: 92k into 30 Million

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PandaLabs announced a multi-year study that examines the proliferation of rogueware into the overall cybercriminal economy. Click the graphi...

Separate Machines Needed for Web Surfing and Transactions

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A renowned researcher has stated our case: "The best strategy to defend against Clampi is to use separate machines for Web surfingand f...

MasterCard Shares Rise after Reporting Strong Earnings

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NEW YORK (Reuters) - MasterCard Inc, the world's second-largest credit card network, reported better-then-expected quarterl...

No Websites, Legitimate or Not Can Be Trusted

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Websense:  This Past Month in Web Threats STATE OF THE THREAT ABSTRACT: The conjunction of technologies and the monetizing of hacking havere...

Is Logging In with Username/Password "Careless and Negligent?"

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I had to bring you an excerpt from a story in today's AsiaOne Business entitled "Credit Card Stolen? Mind the Pitfalls."   I ...

Viruses, Malware and Botnet Zombies at an all time high

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Editor's Note: Financial Transactions CANNOT be done on the web because the "wicked web" hackers  weaved have made it unsafe. ...

Visa 3Q Net Up 73% On IPO Gain; Volume Drops 5%

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Article - WSJ.com BOSTON (Dow Jones)--Visa Inc.'s (V) fiscal third-quarter profit soared 73% from a year ago, as investment income and r...
Wednesday, July 29, 2009

Syncada: Visa's New Onliine Payment Processing Business with US Bancorp

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U.S. Bancorp, Visa launch online payment processing business By Nicole Garrison-Sprenger ngarrisonsprenger@pioneerpress.com Updated: 07/29/2...