As concerns continue to rise regarding credit card theft and data breaches, Visa and MasterCard have separately announced new plans to increase the security of their customer data. The world’s two largest payment networks will expand their cybersecurity measures for online transactions through new tokenization and biometrics verification technologies. The announcements coincide with increased efforts by the federal government and numerous industries to combat future cyberattacks. Continue reading Visa and MasterCard Unveil Features to Combat Cyberattacks

Home Depot has confirmed that hackers have breached its store payments system and may have stolen up to 60 million credit card numbers. The breach could affect customers who paid with a credit or debit card at any of the 2,157 stores in the U.S. and Canada between April and September. This latest hacking incident has led retailers to speed up the installation of chip-reading credit card terminals at their stores. Credit card companies are also adding security to their cards. Continue reading Recent Home Depot Hack Prompts Retailers to Upgrade Security