It's easy to look at the payments landscape and see only the flaws. But payment card security has come a long way in the past 10 years, thanks in large part to the PCI Data Security Standard. How will card security be refined in the coming decade?
While many banks and merchants in Britain, France and Germany have long complied with the PCI Data Security Standard, deregulation has led organizations in other European countries to start taking PCI compliance more seriously and use it for competitive advantage.
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?
Ten years after the launch of the PCI Data Security Standards Council, the key to ensuring ongoing compliance with the PCI Data Security Standard is winning CEO buy-in worldwide, says Stephen Orfei, general manager of the council.
Achieving international acceptance of PCI-DSS is an ongoing challenge, says Jeremy King, international director of the PCI Security Standards Council, who's working to educate merchants about baseline security that goes far beyond cardholder data protection.
While PCI compliance is a priority for many U.S. retailers, some major companies in Australia say they'd rather forego the cost of compliance and risk the possibility of steep fines if a card breach occurs.
As the PCI Security Standards Council celebrates its 10th anniversary, Troy Leach, the council's chief technology offer, offers his assessment of how its Payment Card Industry Data Security Standard could evolve in the next 10 years.
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.
Five new payment card data security requirements for third-party service providers are among the most significant changes included in version 3.2 of the PCI Data Security Standard released April 28, says Troy Leach of the PCI Security Standards Council.
The PCI Security Standards Council envisions a single, globally-unified data security standard. Now that the European Card Payment Association is a strategic regional member, that goal is significantly closer, says Jeremy King, the council's international director.
The PCI Security Standards Council will soon release an update to its PCI Data Security Standard, requiring the use of multifactor authentication for administrators who have access to card data networks. In an interview, the council's Troy Leach explains the new requirements and compliance expectations.
The story around payment security in India is driven by the spurt of technology innovations in nontraditional payment channels that are seeing massive traction. SISA's 2016 Summit will look at innovation and the threat landscape.
A lawsuit filed against security firm Trustwave is raising questions about "PCI Professional Forensic Investigators" and how they are monitored by the PCI Security Standards Council. But experts say the onus is on companies, not the council, to ensure their security practices are adequate.
Jeremy King of the PCI Security Standards Council explains why it has extended its compliance deadline for encryption updates aimed at phasing out SSL and TLS 1.0. But he stresses that merchants, processors and acquirers should not wait to make upgrades.
As U.S. merchants shore up physical point-of-sale security by upgrading their terminals to accept EMV chip cards, attackers are turning their aim toward new, unattended targets. Here's the latest on how to respond to "shimming" attacks.