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Consumers and businesses in Great Britain lost more than $1 million dollars so far this summer from a Trojan that is infecting their computers, prompting them to log into their bank accounts and then surreptitiously transferring money to scammers in other countries, security researchers said on Tuesday.
Barnaby Jack, director of security testing at Seattle-based IOActive, hauled two ATMs onto the Black Hat conference stage and demonstrated to a rapt audience the fond daydream of teenage hackers everywhere: pressing a button and having an automated teller machine spew out its cash until a pile of paper lay on the ground.
News reports and Twitter chatter suggest thousands of Windows PCs in large organizations around the globe were thrown into fits of rebooting yesterday after antivirus giant McAfee distributed a routine update carrying an egregious error.
Heartland Payment Systems Inc (HPY.N) said it reached a $60 million settlement agreement with Visa Inc (V.N)
A survey has found that a notable percentage of UK-based businesses are not ready to meet the new PCI DSS regulations, putting many organisations in a position where they may breach new rules which will be gradually applied from June 2010.
When I took over as chair of the PCI Security Standards Council in January, I knew it was going to be a busy year. I've witnessed the payment community come together in unprecedented ways