In a notice sent to customers by Italy’s state-owned bank Monte dei Paschi, hackers have managed to access the mailboxes of some employees, with the bank informing clients in the notice that on March 30 some messages with voice mail attachments had been sent as a result of the cyber attack. Incidentally, the notice did…
The German payment firm has hiked its revenue potential by 2 billion in 2025. On Tuesday, German payments firm Wirecard stated, it was increasing its 2025 targets for transaction volume, revenue and EBITDA thanks to organic growth drivers and partnerships. With the news reaching the market its shares by 2.2% in premarket trading. Wirecard, which…
JokerStash, a well known criminal group, has managed to breach Hudson’s Bay Co’s security systems and gain access to its payment cards data. Having penetrated the security systems of Hudson’s Bay Co, hackers have gained access to data on payment cards used at Saks and Lord & Taylor stores in North America, said Hudson’s Bay…
While cash has always been King, card payments have dethroned it now signalling the creeping end of privacy rights and freedom. In a historic development, an analysis from Bundesbank study shows that the majority of Germans prefer card payments instead of cash. The supremacy of cash in Germany which ensured privacy and freedom of its…
Analysts expect Atos to come back with a better deal. Gemalto has also not closed its doors to any further deal. On Thursday, with Franco-Dutch chip maker Gemalto rejecting Atos $5 billion (4.3 billion euro) takeover bid, shares of Atos fell sharply by as much as 2.8%. On the French blue-chip CAC 40 index, early…
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