An ERP is the backbone of business operations. It helps with every function you can think of; Operations, Sales, Customer Support, Marketing, and internal supporting teams such as HR, Legal, and IT. If you’re using an ERP such as the one offered by NetSuite, even the Finance department can be integrated into a single environment. […]
Top ERP Trends to Watch in 2023 Read More »
EMV compliance states that a point-of-sale layout can accept EMV-compatible credit cards. The business also has a reader for handling EMV cards. If a customer enters a store and inserts their credit card into a machine slot, that store complies with EMV rules. The store at issue is probably not EMV compliant if it can
Guide to EMV Compliance Read More »
Ecommerce fraud has become a significant concern in today’s economy. People are flocking online more than ever before to make purchases. Some retailers are also focusing more on their digital commerce efforts than their in-store work. People are using digital commerce services more than ever, but there are worries about the fraud mitigation efforts these
Improving the Bottom Line With Fraud Mitigation Read More »
Digital threats are becoming common, and there are concerns on how well businesses can stay protected from these issues. The global pandemic has prompted many people to complete more transactions online. These include card-not-present deals that might be vulnerable to online threats and other concerns. These problems may continue well after the pandemic officially ends.
PayPal Launches New Merchant Fraud Protection Tool Read More »
If you accept credit card payments, security should be your utmost concern. Amid the PCI compliance issues, tokenization is one of the primary issues/concerns all businesses should know and understand. What is Tokenization? It sounds complicated by tokenization is literally replacing important numbers with ‘tokens’ or a string of numbers/characters for security purposes. The numbers
What is Tokenization in Payments? Read More »
It feels like a never-ending race and a battle to one-up one another: the battle against fraudsters. While the equipment we have to detect and prevent these fraudsters has been improving substantially over the previous decade, fraudsters always seem to find a way to get through eventually. One of the latest tactics is synthetic identity
What Is Synthetic Identity Fraud? Read More »
On December 19, the cyber security firm Fox-IT, which is headquartered in the Netherlands, reported that they discovered a previously-unknown infiltration of managed service provider and government computer systems in at least 10 countries, including the United States, Mexico, Brazil, the United Kingdom, France, Germany, Italy, Portugal and Spain. These systems covered a wide range
Chinese Hackers Were Successfully Able to Bypass 2FA Read More »
Earlier this month, a huge database containing Facebook user IDs and phone numbers of 267 million members was breached and exposed, where it was then left on the web for almost two weeks before finally being removed. According to security reasearcher Bob Diachenko, who discovered the unsecured Elasticsearch dabatase along with Comparitech, it may not
Facebook Users’ Phone Numbers Exposed Online Read More »
The United States is one of about a dozen countries without a mandatory national identification document; for this reason, driver’s licenses, state ID cards, passports, and even social security numbers have served as alternatives to a federal identification system that both conservatives and liberals cannot seem to agree on. Starting in October 2020, the Real
How the New Colorado Digital Driver’s License Works Read More »
Over the past 15 years or so, phishing has been an unfortunately effective practice whereby a thief will make an attempt to obtain peoples’ login information to a number of websites. The fact that it’s still being used extensively to this day is a testament to just how effective a scam it is. Vade Secure
PayPal Top Target for Phishing Read More »
AI has been something of a hot topic over the last few years, and many are debating whether or not its impact on human life is a good thing or a bad thing. AI is being relied upon more and more frequently by today’s enterprises, especially when it comes to cybersecurity. Here’s a look at
How Artificial Intelligence is Impacting Cybersecurity [2023 Update] Read More »
On Monday, UniCredit revealed to the public that a 2015 file comprised of names, addresses, phone numbers, and email addresses pertaining to more than 3 million of their customer base was compromised and leaked. This occurred in spite of spending an additional €2.4 billion over the past 3 years on cyber security enhancements to their
UniCredit Unveils Data Breach That Involves 3 Million Users Read More »
Dozens of CEOs from companies like IBM and Amazon has sent an open letter to Senate and House leaders asking for comprehensive data protection laws. The letters claim state consumer privacy laws simply aren’t enough as they vary widely, lead to confusion, and threaten the competitiveness of the United States. The companies claim a federal
Companies Ask Congress For Data Protection Law Read More »
With the Second Payment Services Directive (PSD2) now live, the European Union’s Strong Customer Authentication (SCA) regulation is now set to go into effect this month. The regulation, which aims to improve transaction security for customers and retailers, is set to bring a lot of confusion as merchants brace for the change. What Is SCA?
What the Looming SCA Deadline Means for Merchants Read More »
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
The Yahoo Data Breach and Its Dire Consequences Read More »
Fraudsters know that some of the greatest opportunities to commit theft occur during the hustle and bustle of the holiday season. Consumers do not only have to worry about double-swiped credit cards at checkout and phone or email scams. Criminals study consumer buying habits and use those habits against them during the holidays. Here are
Fraudsters Don’t Take a Vacation During the Holidays Read More »
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
Online Dating Users Scammed Out of Millions [2023 Update] Read More »
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
Oracle MICROS Hackers Also Hacked 5 Other Companies Read More »