Hyatt Hotels Suffers 2nd Card Breach in 2 Years

Hyatt Corp. is alerting customers about another credit card breach at some hotels, the second major incident with the hospitality chain in as many years.
Hyatt said its cyber security team discovered signs of unauthorized access to payment card information from cards manually entered or swiped at the front desk of certain Hyatt-managed locations between March 18, 2017 and July 2, 2017

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Dell Lost Control of Key Customer Support Domain for a Month in 2017

A Web site set up by PC maker Dell Inc. to help customers recover from malicious software and other computer maladies may have been hijacked for a few weeks this summer by people who specialize in deploying said malware, KrebsOnSecurity has learned.

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2nd Breach at Verticalscope Impacts Millions

For the second time in as many years, hackers have compromised Verticalscope.com, a Canadian company that manages hundreds of popular Web discussion forums totaling more than 45 million user accounts. Evidence of the breach was discovered just before someone began using that illicit access as a commercial for a new paid search service that indexes consumer information exposed in corporate data breaches.

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Skyrocketing Bitcoin Fees Hit Carders in Wallet

Critics of unregulated virtual currencies like Bitcoin have long argued that the core utility of these payment systems lies in facilitating illicit commerce, such as buying drugs or stolen credit cards and identities. But recent spikes in the price of Bitcoin — and the fees associated with moving funds into and out of it — have conspired to make Bitcoin a less useful and desirable payment method for many crooks engaged in these activities.

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Breach at Sonic Drive-In May Have Impacted Millions of Credit, Debit Cards

Sonic Drive-In, a fast-food chain with nearly 3,600 locations across 45 U.S. states, has acknowledged a breach affecting an unknown number of store payment systems. The ongoing breach may have led to a fire sale on millions of stolen credit and debit card accounts that are now being peddled in shadowy underground cybercrime stores, KrebsOnSecurity has learned.

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Mastercard applies fraudsters’ logic to card theft detection

Mastercard is unveiling an anti-fraud tool that’s been in development for more than three years, bringing a new way to pinpoint cards and accounts at the highest risk of fraud following data breaches.

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Equifax Hackers Stole 200k Credit Card Accounts in One Fell Swoop

Visa and MasterCard are sending confidential alerts to financial institutions across the United States this week, warning them about more than 200,000 credit cards that were stolen in the epic data breach announced last week at big-three credit bureau Equifax. At first glance, the private notices obtained by KrebsOnSecurity appear to suggest that hackers initially breached Equifax starting in November 2016. But Equifax says the accounts were all stolen at the same time — when hackers accessed the company’s systems in mid-May 2017.

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If tokenization works for card numbers, why not use it for more?

In the wake of the massive data breach at Equifax, some are calling for tokenization of all data that has the potential to be stolen by fraudsters.

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Almost half of companies fail to meet PCI data standards

Compliance is improving, but more than 40% of companies still have work to do, according to a new Verizon report.

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Do cashless ATMs really solve legal pot’s payments problem?

The cashless ATM is meant to make it easier for legal dispensaries and other high-risk stores to accept card payments. But for Alden Linn, owner of World of Weed, it became a hassle.

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