cybertheft News

Criminals from around the world buy and sell stolen credit card information with ease in today’s digital age. But if they commit their crime entirely outside the United States, they may be beyond the reach of federal prosecutors. Justice Department …

Payment networks, retailers and banks will continue to face significant costs to address fraud as hackers find new ways to steal data, according to Byron Pollitt, chief financial officer of Visa Inc. “This is an investment cycle that never ends,” …