Ellen Richey of Visa, keynoter at the April 29 Fraud Summit San Francisco, outlines key card fraud-fighting trends for the year ahead, including the U.S.'s migration toward EMV, greater use of tokenization and heightened fraud detection.
In the wake of recent high-profile retail breaches, the PCI Security Standards Council is supporting a move toward chip card technology that conforms to the Europay, MasterCard, Visa Standard, says General Manager Bob Russo.
Analysts say it's easy to believe the Neiman Marcus data breach may be tied to attacks on Heartland Payments Systems Inc. and other entities. But tracking the crimes is one thing; prosecuting is quite another.
A class action lawsuit filed by two banks against Target in the wake of its 2013 breach has an unusual twist: It seeks damages from Target and Trustwave, allegedly the retailer's qualified security assessor. Experts offer an analysis.
As the California Department of Motor Vehicles continues its investigation into a possible breach of its online payments processing system, financial services industry sources explain why a link to recent retailer breaches is unlikely.
The California Department of Motor Vehicles is investigating a possible credit card breach after it was notified by law enforcement authorities of a "potential security issue within its credit card processing services."
Speculation surrounding the cause of the disappearance of Malaysia Airlines Flight 370 hasn't included the possibility of a cyber-attack. But one cybersecurity expert contends hacking an airliner is feasible.
Umpqua Bank is the latest U.S. banking institution to file a class action lawsuit against Target Corp. But what makes this suit stand out from the crowd of litigants? Two attorneys offer their insights.
Recent data breaches, such as the ones suffered by Target Corp. and Neiman Marcus, may have been detected sooner if retailers had been sharing transactional pattern and behavioral information about their customers, says Mike Braatz of ACI Worldwide.