Dynamics Inc. intends to update the credit card by introducing dynamically changing security codes. They will also utilize e-ink displays for the front and back to provide better security.
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Staples has confirmed that they have been the latest to suffer a data breach resulting in over 1 million credit and debit cards potentially being compromised.
PayPal is bringing its Here mobile app and credit card reader - which plugs into a phone via its 3.5mm headphone jack - to Windows and Windows Phone 8.1, with a pilot program launching in early 2015.
The password-based authentication systems from Visa and MasterCard are to be upgraded with a new 3D Secure 2.0 standard, which launches next year and will eventually support biometric authentication.
Reports suggest that online transactions with California's Department of Motor Vehicles may have resulted in a security breach which led to compromised credit cards.
The FBI has released a confidential statement to retail companies warning them of future attacks, as well as the potential dangers of malware infections.
Target is once again in the news, this time announcing that up to 70 million addition people may be at risk after the recent security breach that exposed up to 40 million credit cards.
Retailer Target has announced that 40 million credit card numbers have been taken from its database, with the incidents starting on November 27th and continuing through December 15th.
One of the largest data breaches in Europe's recent history has led to 1.5 million people having some personal information stolen and over 70,000 have had unencrypted credit card data stolen.
Five men have been charged in what's being called the largest fraud hacking case ever in the US, as they are accused of stealing 160 million credit and debit card numbers.
The FBI has confirmed the arrest of 10 people over the Butterfly Botnet; a botnet that, peaking at more than 11 million machines infected, harvesting details on bank accounts and passwords.
Anonymous used credit card numbers stolen in December from the servers of security firm Stratfor to make at least $700,000 in false credit card purchases, according to the FBI.
Anonymous has taken credit for yet another cyber attack that resulted in the group taking credit card numbers. This time the victim was SpecialForces.com which sells military themed items.
A new report claims that the cyber attack on the security think tank Stratfor by Anonymous resulted in over 50,000 credit card numbers, among other data, being stolen from the company's server.