When a card is swiped or typed, the issuer sends Spade the data in real-time, and that transaction is linked with a verified merchant identity.
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
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
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 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
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
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
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
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
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
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
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
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