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Losses from Online Payment Fraud Expected to Reach $48 Billion Annually

If you believe this week’s report from Juniper Research, online payment fraud is expected more than double in the next five years going from a mere $22  billion in losses this year to $48 billion in losses by 2023. The industry recovers that money by raising prices. This cost is about $150 for every man, […]

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Cathay Pacific is Beginning to Fess Up and it Likely Won’t Help Their GDPR Fine

As a reminder, Cathay Pacific Airlines recently admitted it was hacked and lost data on over 9 million passengers.  Information taken includes names, addresses, passport information, birth dates and other information They took a lot of heat for waiting 6 months to tell anyone about it (remember that GDPR requires you to tell the authorities […]

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News Bites for Week Ending November 9, 2018

Score One For Amazon Security! People who have read my blog for a while know that I am a big fan of two factor authentication.  That little bit of extra security usually gets thrown out the window if you call in to customer service instead of logging in to the company’s web site.  Two factor […]

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