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New Report: SMS-Based Outreach Helps Merchants Authenticate Consumers, Boost Online Sales

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Businesses and financial institutions (FIs) are constantly examining ways to make their customers’ accounts more secure, especially as more consumers go online to make purchases and transact during the ongoing COVID-19 pandemic. A convenient, yet secure solution could be just a few taps away, however.

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J.Crew Reveals Online Accounts Were Hacked In 2019

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Clothing company J.Crew said an unknown hacker accessed some of its customers’ online accounts almost a year ago, according to reports. Online accounts also store order numbers, shipping confirmation numbers and shipment statuses. The company didn’t say when the scanning took place or why the breaches hadn’t been detected sooner.

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PAAY Partners With Bluefin To Further Secure eCommerce Transactions

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Atlanta payments encryption firm Bluefin is partnering with New York mobile payments processor PAAY to advance eCommerce security. Most online merchants rely solely on SSL/TLS to encrypt the data being sent from their websites. Getting the European Union on the path to 3D Secure 2.0 Each $1 of fraud costs retailers $3.13. .

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Report: Facebook To Move UK Users To California Privacy Agreement

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users into new agreements with its corporate headquarters in California, effectively circumventing the European Union’s strict privacy laws, according to an exclusive report by the Reuters news service. 15) rolled out a proposal for tough new regulations for digital services that cover online marketplaces, social media and other platforms.

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Retailer Hanna Andersson, Salesforce Are First Sued Under New California Privacy Law

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And except when you’re the first retailer to get rung up under the new California Consumer Privacy Act (CCPA). The California law is more specific and more punitive for breaches. The CCPA is intended to give consumers control over their personal information online. Security Boulevard research shows that as of Dec.

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Today In Payments: California Proposes Financial Watchdog; Germany Launches Investigation Into Amazon

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In today’s top news, California lawmakers propose a financial watchdog at the state level, and Germany launches an antitrust investigation into Amazon. California Proposes Financial Watchdog Agency. At the center of it all: online gaming, and the way we access the latest popular diversions (or don’t).

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Enterprise Security Returns To Top Of B2B Investment Mountain

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Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. Cequence Security. Also operating in the enterprise security space is Cequence Security, based in California.

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