The Payment Card Industry Security Standards Council has updated its requirements for payment device vendors to address increased threats and attacks against point of sale (POS) and so-called point of interaction (POI) systems in recent years. PoS attacks have resulted in tens of millions of credit and debit cards being compromised at enormous costs for […]
The banking industry spends a lot of effort, time, and money to protect bank cards. For years, their protection consisted of embossed digits and a signature field, but now smart chips and one-time passwords stand guard between your money and the criminals who want it. The new chip and PIN cards (an EMV standard) promised […]
The Fredericksburg Police Department has issued a warning to Central Park shoppers after at least 37 people had their payment cards compromised, and bank accounts drained. In each reported case of theft, the victim had used their card at the local Walmart. According to a statement from the law enforcement agency, Walmart confirmed that cards […]
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