Consumers across the globe are more concerned with protecting their financial and payments information stored on a computer than they are with protecting this data when stored on a mobile wallet, according to data.
Forter, a fraud prevention company, said that online fraud attacks grew 8.9% in 2016 and early 2017 compared to 2015, a reduction from the 2015 increase when significant fraud moved from point of sale (POS) to online.
Global retailers can expect a 12 percent growth in online fraudulent activity in the upcoming holiday season, compared with the same period last year—and lower ticket prices on fraudster-targeted gifts and products.
The cost of a typical cyber breach to an American company is much less than generally estimated, providing one possible explanation for why companies do not invest more to improve computer security, according to a new RAND Corporation study.
Reducing credit and debit card fraud by implementing EMV chip card acceptance has become retailers’ top payment issue in 2016, but retailers are also busy with new data security enhancements such as point-to-point encryption and tokenization to better protect payment card data.
The 1995 bombing of the Alfred P. Murrah Federal Building in downtown Oklahoma City, OK, changed the state of Oklahoma and the country as a whole forever, but it didn’t stop businesses and families from calling it home, including GE’s new Oil & Gas Technology Center (OGTC), in Oklahoma City. Learn how the OGTC is a shining example of high-tech security with GE’s historically customer centered beliefs and strategy. Also in this issue: why smart cards are increasingly being embedded into mobile devices and wearables, what role certifications play in your career, and much more!