Greg Roush

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The carrot and stick of data breaches

Michael Kende Contributor<p>Michael Kende is the chief economist of the Internet Society, publishers of the Global Internet Report.<p>More posts by this contributor:<p>The Mobile App Divide<br>• The Shrinking Digital Divide<p>Data breaches are on the rise. Just recently we saw new reports confirming Yahoo! suffered …

Personal Information

17 NYC-Based Startups Ready to Take On 2017

These companies are likely to grab a decent bite of the Big Apple.<p>On the one hand, New York City is one of the most expensive cities to build a startup, mainly due to sky-high real estate prices and salaries. On the other hand, the startup scene in New York City is booming, and the following list …

Startups

Visa Numbers Are Frighteningly Easy For Criminals To Guess

Criminals have many different ways to steal credit card numbers. They’ll install skimmers on bank machines and point of sale hardware. They’ll hack into payment processing systems to steal them in bulk. As it turns out, they don’t even need to steal numbers. They can guess them in just six …

Lack of banking API in Australia is 'crazy': Cannon-Brookes

Atlassian co-founder Mike Cannon-Brookes has shared his long-standing views of the Australian banking industry and reminded fintech entrepreneurs to …

Fraud during the holiday shopping season is costing retailers $2 billion

While Americans are expected to spend a near-record $952 billion during the 2016 holiday shopping season, retailers will be plagued by about $2 billion in fraudulent returns, according to the National Retail Federation (NRF).<p>That seems like a small number (if any number with nine zeroes in it can …

Credit card readers were hacked at MSG for nearly a year

Knicks fans have it rough. To watch last year's third-worst team, fans got to pay the league's highest ticket prices and drink the priciest beer. To add further insult, Madison Square Garden (MSG) Co. has revealed that their credit card information may have been stolen, too. Thieves tapped the …

1Password will put the MacBook Pro’s fingerprint scanner to good use

And the Touch Bar, too<p>All the hype around the new MacBook Pro has been about what its flashy new Touch Bar can do, but there’s good reason to be excited about its Touch ID sensor, too.<p>One early example: the maker of 1Password, AgileBits, is already showing off its planned support for the laptop’s …

Banking service SWIFT adds new security plan following hacks

Banks use a service to send secure messages built by the Society for Worldwide Interbank Financial Telecommunications (SWIFT) to send financial transaction instructions. But recently it hasn't been so secure: Hackers stole $12 million from Ecuador banks earlier this week, the latest in a slew of …

MasterCard is testing a new way for you to pay with your face

MasterCard announced on Thursday that it's looking to add a layer of biometric security to its credit cards and all user will need to do is simply take a selfie. The system will create a digitized map of your face, convert that map into a hash and compare it to the hash stored on Mastercard's …