Heartland Payment Systems, which suffered a massive breach in 2009, is working to enhance POS security at the merchant level. What steps is this processor taking, and what role would it like to see card-issuing banks play?
Two men have been sentenced for defrauding accountholders whose debit cards were compromised in the Michaels point-of-sale breach that hit stores in 20 states. What was their role in an elaborate fraud scheme affecting nearly 100,000 accounts?
Save Mart, the Modesto, Calif.-based grocery chain, now confirms that skimming devices are to blame for the data breach believed to have exposed hundreds of consumer accounts to debit and credit card fraud.
Bank of America's Keith Gordon says securing the mobile channel is much like securing any other banking channel: Controlling risks requires layers of security and controls. But educating customers plays a key security function, too.
"With a company-issued device, you can issue a policy that says users have no rights of privacy over information on the device," says Javelin's Tom Wills. But with employee-owned devices? A whole new set of issues.
Executives in a variety of industries who are in charge of securing their enterprises' IT say they're more anxious about outsiders hacking into their systems than insiders - either maliciously or inadvertently - threatening their digital assets, a new survey shows.