Subject: SCN Daily News (HTML) Monday, 10 June 2019
Date: 10/06/2019, 14:19

Smart Card News Online

Monday, 10 June 2019

Revealed: How Much your Stolen Account IDs are Worth Online

As part of research for a BBC Watchdog episode, cyber sleuth Simon Migliano began combing through the dark web - the parts of the internet that search engines don't index.

Simon, who works as Head of Research at, said the prices have increased on average by almost three times compared to the start of the year. That means someone's entire identity could potentially now be worth GBP 2,400, up from around GBP 800 in February.

Link: Metro

Mobile Banking Takes Root in the UK

Almost half (48%) of adults in the UK used mobile banking in 2018, up from 41% in the previous year, while 5.4 million consumers chose not to use cash at all, a new industry report has revealed.

UK Finance, the trade association for the UK banking and financial services sector, said that online or mobile banking accounted for two billion bank payments last year, up from 1.6 billion in 2017.

Link: Warc

Fortune 500 Company Tech Data Leaks 264GB of Private Data

GETTING AN EMAIL from security researchers must induce panic attacks in digital heads around the country. The latest to get the dreaded email is Fortune 500 technology giant Tech Data, which was informed by security researchers Noam Rotem and Ran Locar that the company's log management server was leaking personal data. Not a little data either: 264GB worth.

This data wasn't inconsequential: a sample seen by TechCrunch contained names, postal addresses, email addresses, job titles, invoicing data and receipts, as well as partial payment information like card type, cardholder names and expiry dates.

Link: The Inquirer

Own Cryptocurrencies? Be Prepared for the Taxman Cometh

Australia has become the latest country to start looking at those who are involved in the transactions of digital currencies. According to a report, tax officials in the nation are investigating at least a dozen transnational tax avoidance schemes that involve the use of cryptocurrencies. According to the report, authorities from countries such as Australia, the United States, Great Britain, Canada, and the Netherlands are cooperating on a global plan to try to catch those involved in these schemes.

Link: Coin Geek

Cyber-thieves Turn to 'Invisible Net' to Set Up Attacks

Cyber-thieves are creating an "invisible internet" to stop police spying on cyber-crime deals being done on the dark net, research suggests.

Instead of trading on marketplaces, criminals have turned to "gated" chat forums, invitation-only communities and encrypted apps, say researchers.

The change could make it hard for law enforcement agencies to spot and trace attacks, they warn.

They also found a large increase in attacks aimed at big companies.

Link: BBC News

EMVCo Releases New eCommerce Specifications for Secure Transactions across Devices

EMVCo said it has released the new EMV Secure Remote Commerce Specification v1.0, which will enable processing of secure ecommerce transactions in a consistent and streamlined fashion across multilple platforms, including smartphones, tablets, personal computers and other devices.

EMVCo also issued a new payment icon that will be used to signify that EMV SRC is being used to process card-based payment transactions in remote checkout environments, like websites and mobile apps

Link: Mobile Payments Today

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