Nearly 1,600 data breaches occurred in the United States in 2017, breaking the annual record of 1,093 that was set just last year. The number of compromised data records, of which 88 percent included Social Security Numbers and 8 percent included payment card numbers, increased to nearly 180 million, the highest total since 2009.
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At the end of March, MasterCard announced they had entered into an agreement to acquire NuData Security, the behavioral biometric and behavioral monitoring vendor based in Vancouver, Canada, for an undisclosed amount. A pioneer in the behavioral monitoring space, NuData offers MasterCard valuable technology and patents related to performing authentication covertly across all types of
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The Fraud Practice and CardinalCommerce launched of the 4th Annual Consumer Authentication Survey this week, extending an open invitation for all eCommerce and multi-channel merchants, acquirers, card issuers, payment service and fraud solution providers to take the survey and provide feedback that can help shape the industry. Take the 4th Annual Consumer Authentication Survey today
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In the beginning of 2015 EMVCo announced they would be responsible for further developing the 3-Domain Secure 2.0 Specification, taking over for Visa and MasterCard. Now just a few months before the expected release of 3DS 2.0, EMVCo and the Payment Card Industry (PCI) Security Standards Council jointly announced they will be collaborating to support
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MasterCard released their Identity Check app in early October, which is now available in 12 countries across Europe and set to be released globally in 2017. While this app has gotten the most attention for it’s ‘selfie pay’ feature, supporting the use of facial recognition in place of a password, it additionally supports fingerprint biometrics
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In early April, the Fast Identity Online (FIDO) Alliance announced that they have now certified over 150 two-factor authentication and biometric products for replacing static passwords, an increase of 50 percent just in the last quarter. These products meet the group’s specifications under their published Universal Authentication Framework, with several major mobile handset manufacturers and
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MasterCard showcased their new Identity Check product at the Mobile World Congress in late February, announcing that after successful trials they will be rolling it out this summer in North America and across much of Europe. Identity Check is an application consumers will be able to download onto their mobile devices, tablets and PCs that
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Take the survey today to be entered in up to 5 drawings to win a new Apple Watch Sport™. The earlier you take the survey the more chances you have to win as a new drawing will be held each week. The Fraud Practice and CardinalCommerce are proud to announce that the 3rd Annual Consumer Authentication Survey
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MasterCard recently announced a new suite of authentication options for the online and mobile channel, branded MasterCard Identity Check, which will use various forms of biometrics and SMS one-time-passwords to authenticate card not present transactions. The service is expected to launch in the U.S. by mid-2016 with a global launch planned for the following year. MasterCard Identity
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Dell announced Monday they will be acquiring enterprise software, storage and security firm EMC in what will be the largest tech merger of all time at $67 billion. While the companies were competitors in the enterprise data server industry, EMC is also a major player in the risk space as the parent company of RSA,
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