The release this week by the PCI Security Standards Council of a new PCI compliance resource for small merchants is being lauded by the banking and payments community. But how effective will the resource be at actually convincing merchants to move forward with PCI compliance?
Security leaders say data science is becoming the building block of contemporary security solutions, showing great promise for developing necessary cyber defences. But where and how is data science best deployed?
As we prepare to mark the tenth anniversary of the PCI Security Standards Council, it's time to assess the impact PCI-DSS has had on payments security and consider whether it will remain a viable standard 10 years from now. A series of upcoming reports will address these topics.
Collaboration, information sharing and a need to keep security discussions real and grounded are just some of the themes that were reinforced by speakers and attendees at the ISMG Data Breach and Fraud Prevention Summit in Mumbai.
With hack attacks continuing against banks, SWIFT must follow in the footsteps of other vendors - notably Microsoft - and begin offering detailed, prescriptive security guidance to its users, says Doug Gourlay of Skyport Systems.
The section chief of the FBI's Cyber Division says "the FBI does not condone payment of ransom," in part because it enables criminals to victimize others. Instead, the bureau continues to urge all potential victims to get their IT house in order.
NPCI's new unified payment service for mobile fund transfers, which recently went live, is a leap forward in driving cashless transactions and boosting financial inclusion, but will increase challenges in ensuring seamless, secure transactions.
The most important lesson from the lawsuit electronic health records vendor Epic Systems filed against Tata Consultancy Services is that data security controls must extend beyond protecting personally identifiable information to include intellectual property, attorney Ron Raether explains in this audio report.
Epic Systems' successful lawsuit against India's Tata Consultancy Services raises many security questions. For example, why did Epic find out about the allegedly inappropriate downloading of trade secrets from an external whistleblower, rather than as a result of internal detection efforts?
What could be worse than a ransomware infection? How about getting infected by "torture ransomware" that uses a sadistic puppet to taunt you, slowly deleting your encrypted files while increasing the ransom demand until you pay?
Apple's QuickTime media player and web browser plug-in should be immediately expunged from all Windows systems, security experts warn, in a reminder of the dangers of using outdated software - especially web browser plug-ins.
Enacting legislation to compel tech companies to help law enforcement decrypt data on mobile devices would diminish America's standing as a moral leader in the world, a nation looked up to by billions of people, even with our many flaws.
The massive "Panama Papers" data leak apparently was enabled by a law firm failing to have the right information security defenses in place. The breach calls attention to the need for all organizations to encrypt sensitive data, use access controls as well as monitor access patterns for signs of data exfiltration.