Outsourcing to the cloud poses new risks, especially for card data. The PCI Council addresses those risks in its just-released cloud security guidance, and Bob Russo offers exclusive insights.
The compromise of hundreds of payment cards, apparently tied to fraud worldwide, has been linked to a network hack affecting an Arizona supermarket chain. And the attack involved a new kind of malware, the chain says.
Visa recently warned card issuers to be on the lookout for an upswing in ATM cash-out schemes. But what can be done to thwart this type of fraud? A Visa executive provides specific tips.
New PCI data security guidance for e-commerce advises merchants to step up compliance efforts in the online environment to ensure card data is protected across the payments chain.
Visa has warned U.S. payment card issuers to be on the lookout for global ATM cash-out fraud. What are the signs banking institutions should monitor to help detect, prevent and report these schemes?
As the Zaxby's restaurant breach investigation begins, the high-profile point-of-sale breach involving Subway restaurants has ended in a prison sentence for one of the four accused Romanian fraudsters.
The latest breach impacting card data: Zaxby's restaurant chain says computer and POS systems infected with malware and other suspicious files may have exposed account information at 108 locations.
Global Payments Inc. says its 2012 data breach has cost the payments processor $93.9 million. What is the breakdown of these expenses, and how has the breach impacted the company's business?
Peer-to-peer, near-field communications and barcode scans are revolutionizing mobile payments. What unique risks do these emerging technologies pose to banking institutions? Two FDIC executives offer insights.
To acknowledge individuals and organizations that are playing critical roles in shaping the way financial services organizations approach information security and privacy, BankInfoSecurity announces its inaugural list of Influencers.
Because many merchant compromises result from badly installed or configured applications, payments acquirers, such as Chase Paymentech, are stepping up to help address point-of-sale security.
Organizations that have struggled with risk assessments to comply with PCI-DSS requirements now can take advantage of new guidance. Learn about the latest advice on how to address shortcomings.
Accelerated interest in mobile payments is paving the way for new revenue streams. But Javelin's Alphonse Pascual says mobile security products, not payments technology, will reap the most rewards for banks.
The future of security in payments remains unclear, says Nicolas Vedrenne of the Merchant Risk Council. But international collaboration will be critical, especially as infrastructures merge.
Organizations everywhere should be concerned about DDoS attacks. But most are too focused on compliance to pay enough attention to fraud and security fundamentals, says ENISA's John Walker.
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