Yesterday, a week after Equifax reached a whopping $650 million dollar settlement from their 2017 breach, Capital One disclosed in a press release that it suffered a massive data breach exposing the personal information of about 100 million Americans and 6 million Canadians. Again, another huge...
Between lots of new technology, evolving regulations, and emerging threats to data security, 2017 is gearing up to be an exciting year in the payments space. Here are Kubera’s Payment's stories to watch for 2017. Tech Breakthroughs Some of the most exciting payments stories to watch in 2017...
As November draws to a close, 2016 is officially almost over. This also marks just over a year since the EMV liability shift for US merchants occurred in October 2015. So how are US merchants doing when it comes to chip-and-pin adoption? Wait, what is EMV...
The American Democratic National Convention kicked off this week amidst the release of 20,000 of their emails by Wikileaks. In addition to adding fuel to allegations that the DNC had unfairly worked against runner-up candidate Bernie Sanders, thousands of social insurance, passport numbers, and credit card...
Globally, the majority of other countries have already migrated to EMV Chip and Pin technology. This made the US an easy target for credit card fraud activity. The EMV liability shift is helping address credit card fraud security vulnerabilities related to the poor payment processing...
Hyatt Hotels, the chain that owns over 600 properties around the world recently found malware on their payment processing systems. They are the latest hotel chain to be breached in the past few months. Last month both Starwood and rival hotel chain the Hilton announced...
This coming Tuesday, on December 15th, 2015 at ISACA Vancouver's December Education Session, Ryan Wilson will be teaching us and exploring the difference between PCI compliance and PCI risk Management. At this event, expect to learn about PCI Compliance, practical methods for risk qualification based on...
With the rise ubiquitous technology, cybercrime is soaring across the globe. The 2016 Norton Cybersecurity Insights Report demonstrates the rise in online fraud and explains its impact on consumers. Consumers worldwide felt the danger of cyber crime last year, with over 594 Million consumers affected globally....
Obama has proclaimed October 2015 to be National Cyber Security Awareness Month. In conjunction with the Department of Homeland Security and the National Cyber Security Alliance, Obama promoted events focused on cyber security and training cyber professionals. In this post we will gloss over EMV and...
The U.S. is the last developed country in the world to throw away the magstripe card and move to EMV. So begins the October 2015 liability shift. Starting this October, until the end of the year, an expected 6-8 hundred million EMV enabled credit and/or debit cards...