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Bluetooth Security Flaw Makes Data Vulnerable To Attack

PYMNTS

A new Bluetooth security flaw was discovered that could leave users’ data unprotected and open to hackers, The Verge reported on Friday (Aug. The weakness was discovered by researchers who presented their findings at the USENIX Security Symposium. Bluetooth Low Energy is not affected.

Security 121
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Apple Watches Booted From UK Cabinet

PYMNTS

s Cabinet ministers will no longer be allowed to wear Apple Watches during meetings. Ministers are also not allowed to bring their mobile devices into meetings due to similar security concerns. A recent research study out of Binghamton University revealed wearable technology may put the user at risk of getting their ATM PIN hacked.

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Can Smartwatches Make ATM PINs Open To Hackers?

PYMNTS

From bitcoin ransoms to EMV security, there are few areas that are out of bounds for the clever crew. Wearable technology has been a notable trend since the launch of the Apple Watch in April of 2015, but does donning the trendy tech also put the user at risk of getting their ATM PIN hacked? The researchers say yes.

ATM 108
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Debit Issuers Turning The Tech Tables On Fraudsters

PYMNTS

Were it not for a flurry of digital transformation all through 2020 the frightful fraud scene might’ve been worse. retailers have online system vulnerabilities that could leave them open to fraud. retailers have online system vulnerabilities that could leave them open to fraud. Sensible Debit Needs To Be More Secure .

Fraud 130
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Debit, ATMs And The New Age Of Bank Branches

PYMNTS

That brings up some questions for banks: What are the opportunities for banks with debit, and with branches, and even with ATMs? One way that smaller banks are competing in the market for consumers’ attention is through ATMs, where fleet placement can bring a firm to top of mind and cement loyalty.

ATM 100
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Arming Credit Unions In The Fight Vs. Fraud

PYMNTS

And that, John Buzzard, fraud executive expert of CO-OP Financial Services told PYMNTS, means that the financial services industry must continue to deal with the challenges and security risks associated with magstripe payments as well. New year, new payments technology, same old mag stripes. Monetization Of Personal Data.

Fraud 100
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Can Smartphones Solve ATM Skimming

Banking 2020

ATM skimming remains a big business for organized crime rings. One new approach that banks are exploring to mitigate this particular vector of fraud is the notion of using smartphones as a second factor of authentication since most people always have their phone with them. But that is just one issue with QR codes.

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