Security

US charges Ukrainian 'Raccoon Infostealer' with cybercrimes

A Ukrainian man has been charged with computer fraud for allegedly infecting millions of computers with malware in a cybercrime operation known as "Raccoon Infostealer," the US Justice Department said Tuesday.

Security

Hacker holds Australian health insurer's data for ransom

A cybercriminal was holding for ransom an Australian health insurer's customer data including diagnoses and treatments, in the nation's second major privacy breach in a month, officials said on Thursday.

Telecom

Canada: Outage leaves many without mobile, internet service

A widespread network outage from Rogers Communications Inc. left many Canadian customers without mobile and internet service Friday and caused problems for police, courthouses, passport offices and other facilities.

Business

Afterpay, the $29 billion Aussie startup

Australian fintech Afterpay is being bought out by US digital payment platform Square—less than seven years after launching as a "buy now, pay later" start-up.

Business

Record-breaking Bitcoin tumbles on Yellen warning

Bitcoin tumbled Tuesday from its record-breaking run after US Treasury Secretary Janet Yellen warned that the "highly speculative" unit could be used for "illicit" purposes.

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Credit card

A credit card is part of a system of payments named after the small plastic card issued to users of the system. It is a card entitling its holder to buy goods and services based on the holder's promise to pay for these goods and services. The issuer of the card grants a line of credit to the consumer (or the user) from which the user can borrow money for payment to a merchant or as a cash advance to the user.

A credit card is different from a charge card, where a charge card requires the balance to be paid in full each month. In contrast, credit cards allow the consumers to 'revolve' their balance, at the cost of having interest charged. Most credit cards are issued by local banks or credit unions, and are the shape and size specified by the ISO/IEC 7810 standard as ID-1.

This text uses material from Wikipedia, licensed under CC BY-SA