credit card fraud

How the feds caught a notorious credit card fraudster

The U.S. government announced on Wednesday that it had dismantled “Try2Check,” a credit card checking operation that allowed cybercriminals involved with the bulk purchase and sale of stolen credi

SpecTrust raises millions to fight cybercrime with its no-code platform

Risk defense startup SpecTrust is emerging from stealth today with a $4.3 million seed raise and a public launch. Cyber Mentor Fund led the round, which also included participation from Rally Ventures

Fraud prevention platform Sift raises $50M at over $1B valuation, eyes acquisitions

With the increase of digital transacting over the past year, cybercriminals have been having a field day. In 2020, complaints of suspected internet crime surged by 61%, to 791,790, according to the FB

A Christian-friendly payments processor spilled 6 million transaction records online

A little-known payments processor, which bills itself as a Christian-friendly company that does “not process credit card transactions for morally objectionable businesses,” left online a d

Macy’s said hackers stole customer credit cards — again

For the second time in as many years, Macy’s customers have been hit by a data breach involving countless numbers of credit cards. In a filing with the California attorney general, the retail gi

Final is a plaster on the gaping wound that is U.S. credit card security

Credit card fraud is a big problem, with an increasing number of companies launching products to patch the problems. The most recent example is Final, which today announced it is shipping its first co

Forter raises $32M Series C, continues battle against online fraud

Fraud prevention company Forter today announced a $32m series C funding led by Scale Venture Partners and with follow-on funding from Sequoia and NEA. The company uses its Decision as a Service algori

There Is Real Fraud In The Underground Market For In-Game Virtual Goods

The recent announcement from Activision Blizzard to acquire King Digital Entertainment, maker of the hit game Candy Crush, for a staggering $5.9 billion is an acknowledgement of the promising (and pro

Why Apple Pay Is Our Best Hope To Stop Online Fraud

Heists used to be so much effort -- you’d need a gang, machine guns, a getaway car and long, meticulous planning. Nowadays, all you need is a couch, a laptop and some stolen data. When the barrier t

Valuing A Data Breach Victim

In the relentless world of public breach reporting, there’s a fixation on the number of accounts affected; the higher the number, the larger the impact. But from a victim’s perspective, does it ma

Not So Lucky Supermarket Customers Get Hacked

Customers who used the self-checkout lanes at Lucky Supermarkets have been hacked. The grocer, which operates stores in California, says some of their credit card machines have been altered with snif

13-year-old would rather play Halo with hooker than get laid, will be next 40-year-old virgin

What is with America’s youth these days? 13-year-old Ralph Hardy from Newark, Texas, decided that he was going to spend $30,000 on junk food, gadgets, an Xbox and two hookers with a stolen CC, which