American Banker is reporting that banks are not terribly happy with their customer’s adoption (or not) of Apple Pay. This probably has less to do with anything that Apple did or did not do, but rather with the fact that people don’t deal with change very well. While 84% of the banks reported they were […]
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American Banker ran a piece this morning digesting the Experian breach announced last week. It said it was good that the breach only compromised 15 million T-Mobile customers instead of the hundreds of millions of customers that probably live in the Experian Decision Analytics service platform and that it only took them two weeks to […]
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T-Mobile and Experian both announced that an Experian database containing credit application data for prospective T-Mobile customers (people who applied to finance a new phone or new phone service) between September 2013 and September 2015 was accessed by hackers. T-Mobile outsources their credit application process to Experian, which is typical, and that is where the […]
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The Automobile hacking community is having a bang-up year. In a Wired article today, Andy Greenberg talked about two new car hacking techniques – both completely different from the ones I have talked about before. The first one is to use the Wi-Fi network in the dealer’s waiting room to hack the diagnostic equipment in […]
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October 1st, 2015. Today, retailers are responsible for credit card fraud if they are not using credit card terminals that support chip credit cards. While there is a learning curve for both merchants and users, the curve is pretty small and it will reduce credit card fraud at retail stores. Gas Stations and ATMs still […]
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As I said last night in the article about the European Court of Justice, every national intelligence agency that has the ability to do so is vacuuming data from the Internet. The Intercept wrote a very detailed article analyzing some new documents from the Edward Snowden document dump. The article links to the original documents […]
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