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The Green Sheet Online Edition

September 10, 2018 • Issue 18:09:01

News Briefs

Editor's Note: Following are excerpts from news stories recently posted under Breaking Industry News on our home page. For links to these and other full news stories, please visit www.greensheet.com/breakingnews.php?flag=previous_breaking_news.

FBI warns of impending global ATM cash-out blitz <- click to read full story

The FBI is warning banks, transaction processors, and operators of ATMs and ATM networks of an impending cyberheist involving ATMs. This is according to a confidential alert sent by the FBI to U.S. banks and obtained by Krebs on Security, which tracks cybersecurity breaches and trends. The impending ATM cash-out scheme is imminent and will be global in reach, the FBI said.

Payments prominently featured in Inc. 5000 <- click to read full story

The latest ranking of fastest-growing privately held U.S. companies, compiled annually by Inc. Magazine, includes numerous payments industry firms, which reflects growth and diversity in financial services. Inc. editor James Ledbetter noted that American companies encourage and depend on continual growth.

Over 2,300 breaches exposed 2.6 billion records in first half of 2018 <- click to read full story

More than 2,300 data breaches were publicly disclosed during the first six months of this year, exposing roughly 2.6 billion consumer records, according to a new report from Risk Based Security Inc. And more than four in 10, or 1,000 of breaches reported occurred at U.S. business, the Richmond, Va., firm reported. The company stated breach activity fell from 2017 during the first three months of the year, but rose during the second quarter.

New era begins for Verifone, Francisco Partners <- click to read full story

Francisco Partners' acquisition of Verifone Systems Inc. for $3.4 billion, completed Aug. 20, 2018, heralds a new chapter for the storied payments industry brand. Incoming CEO Michael Pulli underscored the company's continuing commitment to customers, partners and payments industry stakeholders.

Security experts call for better detection, updates, as cyberattacks escalate <- click to read full story

Two recently disclosed cyberattacks were against cellular carrier T-Mobile and Cheddar's Scratch Kitchen, a fast-casual chain owned by Darden Restaurants. T-Mobile reportedly resulted in the probable theft of customer names and account information. Cheddars disclosed unauthorized access to its corporate networks potentially exposed credit card information from customers in 23 states. end of article

The Green Sheet Inc. is now a proud affiliate of Bankcard Life, a premier community that provides industry-leading training and resources for payment professionals. Click here for more information.

Notice to readers: These are archived articles. Contact names or information may be out of date. We regret any inconvenience.

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