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Recent Fraud Attacks & New Fraud Prevention Techniques

Seems like there’s no end to payments fraud and payment card data breaches that are affecting an array of merchants from time to time. Fighting cyber-criminals is not an easy task, and staying ahead of them is becoming increasingly more difficult. Using traditional methodologies is no longer the ideal strategy. Cyber-criminals are devising new methods to keep track of digital trails, making it difficult for even updated security tools to detect their activities. Here are some recent cases of payments fraud that have come to light:

Harbortouch Payments

The point-of-sale systems provider recently detected a malware-related breach that has affected some of the merchants that the company serves. The malware was spread across certain point-of-sale systems and avoided detection by security software running on those POS ...

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