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Whole Foods Data Breach

  • On October 17, 2017
  Whole Foods has been in the news lately due to its recent acquisition by Amazon, which brought about in-store discounts for Amazon Prime members. Unfortunately, not everything is peachy at Whole Foods: in late September, the grocery outlet suffered a large-scale data breach, in which several of its point-of-sale systems in their taprooms and […]
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Was I affected by the Equifax data breach? How do I protect myself?

  • On October 16, 2017
Data Breach after Data Breach The chaos of the Equifax data breach has left nearly every American feeling violated and confused. Hackers stole Social Security Numbers, birthdates, addresses, driver’s license numbers, and credit card numbers. Now they can use this information to rack up charges, open new accounts, steal benefit checks, and more. Secure payment […]
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The Yahoo Data Breach and Its Dire Consequences

  • On December 23, 2016
For internet giant Yahoo, the year 2016 cannot be over soon enough. The legendary internet services portal and search engine has been losing significant market share over the years, but two major security issues in 2016 may have compromised its future. Yahoo has been involved in talks with American telecommunications giant Verizon about a possible […]
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Banks Are Hoarding Bitcoin to Protect Against Hackers

  • On October 26, 2016
On October 21, 2016 there was a DDoS attack that efficiently shut down several internet services for an extended period of time. Some of the websites include Github, Twitter, Spotify, The New York Times, Pinterest, Netflix, and many, many others. As a precaution in case of further attacks, banks are now stockpiling Bitcoin to pay […]
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Verifone CEO Comments on the Future of Payments

  • On September 28, 2016
Ever since its beginnings in the 1980s, Verifone has been known as a major global provider of point-of-sale (POS) technology and innovative solutions for the merchant payments industry. After three decades of being a dominant market player, Verifone is more than just a provider of credit card terminals; the company is seen as a respected […]
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Fraud Costs Cut in Half Since the Introduction of EMV

  • On September 15, 2016
Great news for the credit card processing industry: Just one year into the shift towards the Europay, MasterCard and Visa (EMV) system in the United States, and counterfeit fraud costs have been slashed by just over 50%. According to a report issued by credit card giant MasterCard in mid-September, counterfeit fraud costs are being sharply […]
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FitPay: A Truly Wearable Payment Option

  • On September 6, 2016
In the fragmented world of mobile payments, one company is taking advantage of unifying existing technologies for the benefit of shoppers. FitPay is a California company that was envisioned by veterans of the mobile payments industry. This innovative tech firm has paid close attention to shoppers who have been largely underwhelmed by “contactless” mobile payments […]
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Online Dating Users Scammed Out of Millions

  • On September 2, 2016
Dating sites pervade the Internet. This is nothing new. In fact, they have been around and in use almost since the World Wide Web became a global sensation. Scammers and fraudsters pervade society. This is also nothing new. What is new is that they have moved mainstream and have become more technological and innovative in […]
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Oracle MICROS Hackers Also Hacked 5 Other Companies

  • On August 15, 2016
American companies that use credit card processing and merchant services are on high alert after a Russian hacking group breached the servers of various POS or point of sale systems. The first victim of the breach was tech giant Oracle, which in mid-2016 acquired MICROS Systems, a major provider of POS solutions for the retail […]
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How MICROS Point of Sale Systems Got Hacked

  • On August 15, 2016
Software giant Oracle Corporation became the victim of a data breach last week when a Russian organized cybercrime group gained access to hundreds of their systems. According to security experts the group gained access through a customer support portal for companies that use the MICROS point-of-sale software from Oracle. The MICROS software payment system is […]
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