Tag Archives: credit card

The Antifraud Card of the Future!

credit card

Whether you usually use a personal or corporate credit card, anyone can be the victim of a data breach. Criminals can easily use a phishing attack to take your card number, PIN and even the security code on the back of your card. What’s worse is that they’re so quick! By the time you’ve discovered the theft, it will be too late. Even if your company quickly cancels the card, you will already have some serious problems… the thief will have already spent your hard earned cash.

These kind of attacks happen more often than you think. In the first half of 2016 there were more than a million cases of financial fraud with the objective of robbing credit card data. This statistic is worrisome, without a doubt, especially considering that this number doubled the results from 2015.

This is where Motion Code steps in. This new technology was developed by the French company Oberthur and will revolutionize the way we make purchases. Its goal is pretty simple: to preserve your security by changing the security code on the back of your credit card, constantly.

How will they do this exactly? Well, unlike the cards we use now that have a tiny rectangle on the back with three secret numbers, Oberthur has proposed a solution: they want to substitute this rectangle with a small screen that changes the numbers every hour. At first glance, the credit cards are exactly the same, but instead of the security code changing every three years, the numbers change every hour.

This means that the cybercriminal won’t be able to steal a dime: by the time a phishing attack is completed and the data is stolen, the screen will have changed and the whole scheme will be a complete waste of time for the criminal.

It may be inconvenient for your employees to use these cards because they will no longer be able to memorize the security code on the back. But really, who cares? They will have to check the security code every time they use it, but this smallest effort could also bring them the most security benefits in your company.

The post The Antifraud Card of the Future! appeared first on Panda Security Mediacenter.

324,000 Financial Records with CVV Numbers Stolen From A Payment Gateway

Around 324,000 users have likely had their payment records stolen either from payment processor BlueSnap or its customer Regpack; however, neither of the company has admitted a data breach.

BlueSnap is a payment payment which allows websites to take payments from customers by offering merchant facilities, whereas RegPack is a global online enrollment platform that uses BlueSnap to process the

Russian Lawmaker's Son Convicted of Stealing 2.9 Million Credit Card Numbers

The son of a prominent Russian lawmaker has been found guilty in the United States of running a hacking scheme that stole and sold 2.9 million US credit card numbers using Point-of-Sale (POS) malware, costing financial institutions more than $169 Million.

Roman Seleznev, 32, the son of Russian Parliament member Valery Seleznev, was arrested in 2014 while attempting to board a flight in the

Researcher spots an ATM Skimmer while on vacation in Vienna

We have heard a lot about ATM skimmers, but it’s nearly impossible to spot one.

Some skimmers are designed to look exactly like the card slot on the original machine and attached to the front, and others are completely hidden inside the ATM.

But, during his vacation in Vienna, Austria, cyber security expert Benjamin Tedesco spotted an ATM skimmer that was totally unrecognizable.
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10 ways to ensure your security while shopping online

That online shopping increases day by day is not news. If you are an average user, you are probably already aware of the normal precautions and have taken them yourself. Ease of use and convenience when browsing for different products or searching for the best prices has improved greatly. However, at the same time, online threats and frauds have also increased exponentially. Therefore, from time to time, all of us must review our behavior and think again if our habits are secure.

Follow a few simple tips to stay safe while shopping online

Follow a few simple tips to stay safe while shopping online

Best practices while online shopping

1. Use your own computer or mobile device when shopping. It seems obvious, but you cannot trust a computer that does not belong to you, even your best friend’s computer. It might not have appropriate protection and it could already be compromised by malware. So, always use your own device, install an anti-malware solution and before you start doing anything that involves your money, scan your network to discover if it is safe.

2. Use your own Wi-Fi connection with a strong password. You must use a non-standard password for your network and router. Router vulnerabilities and weak passwords allow cybercrooks easy access to your home network. This sounds complicated, but it’s really not. Avast Home Network Security can help you by guiding you to the manufacturer’s website. The blog post will help you understand what it does and why it’s important.

3. If you cannot avoid using public/open Wi-Fi, use a VPN to encrypt your communications, or it could be eavesdropped on and your financial data and credit card credentials could be stolen. Avast SecureLine VPN offers strong encryption for Windows, Mac, and Android devices.

4. Choose your online store wisely. Focus on the best-known ones, where you can read other consumers’ opinions and reviews. We prefer the official site, especially if you are buying apps, so you can avoid fakes or other software bundled together with what you want. Nevertheless, this is not enough. Rogue apps have been know to slip into official stores like Google Play or Windows Store. You really need to have a security app installed and updated in your device: why don’t you do it right now with free Avast Mobile Security?

5. Look for a safe site. Nowadays, all the safe sites use HTTPS protocol (you know, that little padlock in the address bar of our browser). Avast products also scan your HTTPS traffic and prevents many threats. Do not give personal information: common sense is a good security measure, why would you need to inform your birthday to the online store? Moreover, while you are browsing, take your time to check refund policies, privacy policy (what do they do with your personal data), and product guarantees.

6. Search for the best price. You may find the free tool Avast SafePrice (available as a browser plugin called Avast Online Security) useful in helping you find the best offers online in trusted stores.

7. Do not use the same password for all your accounts. You must be aware that if you have an account or have done business with any company that falls victim to a breach, hackers sell your passwords to other cybercrooks. Use different passwords in different sites and a password service.

8. Keep your own computer up-to-date. A lot of security issues start when hackers exploit vulnerabilities in the software installed in your computer. The more popular software they are, the better for hackers. Adobe, Oracle, and Microsoft are only recent examples.

9. Keep a paper trail. Print or save your transaction records; it will be easier for any post sale issue. While you have a trail, you can check your credit card statement to make sure transactions match and if there were unauthorized charges.

10. Prefer safe payment options like your credit card or PayPal. Do not send money directly to the store or vendor. Credit cards have built-in protections and you can receive a refund in case of fraud.

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