Adobe Breach Compromises 150,000 Customer Records
After a hacker posted a sample of compromised records online Adobe confirmed a breach affecting 150,000 customers through a vulnerability...
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Fraud Practice
Nov 2, 20213 min read
House, Senate Will Hear 3 Online Sales Tax Bills in 2013
In preparation for the upcoming legislative session multiple bills have been drafted that seek to change current tax laws requiring all...
Fraud Practice
Nov 2, 20212 min read
California Considers Credit Card Privacy Laws and how it Applies to eCommerce
The California Supreme court is considering a class action suit against Apple for collecting personal information for online transactions...
Fraud Practice
Nov 2, 20212 min read
Supreme Court, Ruling Could Have Major Effect on Auction and Marketplace Sites
The U.S. Supreme Court will soon decide the final ruling on a case between a book publisher and eBay seller, and while this individual...
Fraud Practice
Nov 2, 20211 min read
Audit Finds Many Popular UK Websites do Not Comply with Consumer Protection Regulations
The United Kingdom’s Office of Fair Trading recently released their results from a study examining the most popular websites to ensure...
Fraud Practice
Nov 2, 20212 min read
UN to Reassess Internet Telecom Regulations in December
In December the UN’s International Telecommunication Union (ITU) will hold a meeting in Dubai to review the International...
Fraud Practice
Nov 2, 20211 min read
Take the 2012 Mobile Payment & Fraud Survey
The Fraud Practice is a proud sponsor of the 2012 Mobile Payment & Fraud Survey. The drive to move commerce to the mobile phone is not a...
David Montague
Nov 2, 20212 min read
Amidst Organized Attacks Against Two Major Banks, Cyber Threat Level Raised to “High”
After distributed denial of service attacks disrupted Bank of America and JPMorgan Chase websites in late September the Financial...
David Montague
Nov 2, 20212 min read
U.S. and Canadian Authorities Arrest Members of Identity Theft and Card Fraud Rings
Canada’s Regional Fraud Bureau along with Canadian police departments and the U.S. Secret Service carried out a raid on suspected...
David Montague
Nov 2, 20212 min read
Organized Fraud Attack Compromised Merchant POS Systems with Malware
Two men from Romania were extradited to the United States last May after being accused of running a fraud operation that installed...
David Montague
Nov 2, 20212 min read
Study Shows Phishing Could Evolve to Target Brainwave Activity
Advancements in technology over recent years have made EEG headsets, which read and interpret brain activity into controlling software...
David Montague
Nov 2, 20212 min read
Phishing Responsible for $687M in Global Losses for First Half of 2012
According to a recent report from security firm RSA, phishing attacks in the first half of 2012 have accounted for more than $687 million...
David Montague
Nov 2, 20212 min read
Financial Institutions Buy Top-Level Domains to Combat Phishing and Pharming
Major financial institutions have invested millions in new top-level domains that will be exclusive to their brand while financial...
David Montague
Nov 2, 20212 min read
Isis, PayPal, Visa Continue to Test and Develop Mobile Payment Methods
More mobile payment methods and wallets are testing and preparing for commercial launch with mobile joint venture Isis starting trials in...
David Montague
Nov 2, 20212 min read
NFC Retail Payments Forecasted to Reach $180 Billion Globally by 2017
In a recent report from Juniper Research it was predicted that the total global mobile payment volume will reach $1.3 trillion by 2017...
David Montague
Nov 2, 20212 min read
Discover Partners with, now Compatible with Google Wallet
Discover Financial Services recently announced their partnership with Google Wallet allowing cardholders to use their Discover cards...
David Montague
Nov 2, 20212 min read
Mobile Wallet Providers, Carriers, Issuers and Card Associations Form Mobile Payments Committee
The four major wireless carriers in the U.S. along with financial institutions, card associations and mobile wallet providers have formed...
David Montague
Nov 2, 20214 min read
Consortium of Major Merchants Announce Mobile Wallet
Competing retailers have formed a new joint venture, the Merchant Customer Exchange (MCX), to offer a mobile wallet of their own. The...
David Montague
Nov 2, 20216 min read
PRESS RELEASE: Failure to Conduct Proper Email Notifications on Account Usage
Failure to Conduct Proper Email Notifications on Account Usage and Account Changes Costs one Bank over $400,000 Sarasota, FL, July 31,...
David Montague
Nov 2, 20212 min read
Visa, MasterCard Propose $7.25B Interchange Settlement but Major Retailers, Trade Groups Oppose
After years of litigation over interchange Visa and MasterCard proposed a settlement that would give over $7 billion back to U.S....
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