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Important Security Information for Yahoo Users

Important Security Information for Yahoo Users

Yahoo reported Wednesday a breach of more than 1 billion user accounts in August 2013. This breach is separate from one involving 500 million accounts the Web giant announced back in September. Yahoo said the new breach involved names, email addresses, birth dates, secure passwords, security questions and answers. But, did not involve payment card data or bank account information. Payment data was not stored in the system Yahoo believed was affected, it said. See full story and release from Yahoo below:

By Bob Lord, CISO

View the full article at yahoo.tumblr.com

Following a recent investigation, we’ve identified data security issues concerning certain Yahoo user accounts. We’ve taken steps to secure those user accounts and we’re working closely with law enforcement. (more…)

Posted in: Fraud Prevention

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How to Deal With Increased EMV Card Chargebacks

How to Deal With Increased EMV Card Chargebacks

EMV Card Chargebacks

Many merchants have been dealing with an unexpected increase in EMV card chargebacks. Most merchants knew of the approaching shift in liability leading up to October 2015. Since then, financial responsibility has moved from issuing banks to the shoulders of merchants. Those merchants must adopt specific technology or risk being held responsible for fraudulent charges. Much of which the banks were absorbing before. Even well prepared merchants have seen an unexpected rise in chargebacks. (more…)

Posted in: Fraud Prevention, Technology

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Phone Calls Requesting Merchant Statements – SCAM WARNING

Phone Calls Requesting Merchant Statements – SCAM WARNING

Requesting Merchant Statements

Companies or individuals who are calling and requesting merchant statements or other personal data right away are usually not doing so for legitimate business purposes. Unfortunately, our industry is filled with people who try to prey on the trust and good manner of local business owners.

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Posted in: Fraud Prevention, News

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