Cyber attack on parent company Suncor Energy has disrupted the Petro-Canada's payment and loyalty reward systems. Petro-Canada has about 1,500 gas stations and is the second-largest chain of gas stations in the country.
EEA’s PSD2 regulation aims to protect consumers against fraud by securing the digital payments for Card Not Present (CNP) transactions. Study shows that merchants have seen some higher loss from failed and abandoned transactions than that from fraudsters.