A new type of malware is being used to drain ATMs in Mexico of all the cash they contain.
As retailers and banks prepare for the October 1 EMV liability shift—which moves fraud liability from issuing banks to merchants —many consumers have not yet received their new chip-enabled cards, or are simply in the dark about what EMV means, according to a survey of 1,000 adults in the U.S.
Once upon a time cyber crooks used SMS Trojans to earn themselves money by subscribing users to unwanted premium mobile services.
A new type of malware that can be used to compromise ATMs independently of who their manufacturer is, and can make the machine steal card data but also the cards themselves, has been spotted by FireEye researchers.
Credit card companies are making the final call for US merchants to switch over to EMV chip technology in anticipation of the looming deadline.
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