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.
The Anunak / Carbanak hacking group continues to target banks, but has also now hitting Forex-trading companies, casinos, and other institutions from which it can steal large amounts of money or (mis)usable payment card information.
From Uber to Spotify to Airbnb, digital disruptors have shaken up the status quo, breaking traditional business models to respond to a consumer that is online, globally connected, and mobile.
By October 1, 2015, the majority of U.S. businesses must transition to EMV-capable technologies or become newly liable for any costs incurred from fraud using old magnetic strip technologies.
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