by George Peabody | Jan 13, 2014
The news from Target, increasing the number of cards compromised to 70 million and the expansion of data loss to mailing and email addresses, phone numbers, and names, affirms that we’re in a security crisis. As my colleague Scott Loftesness puts it, card data is,...
by George Peabody | May 10, 2013
The arrest of eight in New York who participated in a global $45 million ATM cash-out attack revealed, once again, some hard truths about the cyber security posture of financial systems and the enterprises that operate essential payment infrastructure. First, the...
by George Peabody | Apr 26, 2013
Merchants and terminals were a key focus at two major payments conferences this week: NACHA and CARTES. The issue of EMV in the U.S. and the high cost for merchants to replace their terminals was raised repeatedly. Estimates for the cost of replacement in the U.S....
by formadaadmin | Mar 12, 2010
I had the opportunity to speak with Mike Urban, FICO Senior Director of Fraud Solutions, about how criminals are enhancing their margins in ATM and debit card fraud. The trend towards ATM compromises is largely a result of increased point of sale security. Criminals...
by formadaadmin | Oct 19, 2009
The second Keynote speaker for the ATM, Debit & Prepaid Forum 2009 was Robert O. Carr, Chairman and CEO, Heartland Payment Systems. Proud of their reputation for full disclosure with merchants, they had to put it to the test with their Jan 20, 2009 announcement...
