Data breaches

EMV is strictly an anti-counterfeiting measure that leaves several elements of the payment process untouched, and fraudsters are exploiting these gaps.

Readers weigh in on a notable OCC personnel change, the Scottrade breach, the ability of corporate owners to still be anonymous and more.

The speed of the crooks and the threat to retailers and customer data is more than enough reason to get aggressive with new identity protections.

Private information about consumer and business accounts was exposed. The bank immediately cited vendor error.

Adoption is increasing, but most consumers would stop using the technology if they suffered a security incident

Passwords are often restrictive, undynanmic and draw attention from fraudsters. And there's also the risk of repeated cybercrime linked to old authentication.

As connected devices expand in use and add payment capabilities, retailers and technology companies will need to move fast to stay safe and ahead of the curve.

A lot of time can pass between a breach and when a company discovers the incident, creating an opportunity to damage payment systems.

Firms including Betterment, Coinbase and TransferWise have told customers that despite a bug affecting the content delivery network Cloudflare, their data is safe.

Hotels and other hospitality businesses need to adopt new security technology methods such as biometrics to stay ahead of the crooks.