In the wake of an ongoing stream of merchant and payment processing breaches, the FDIC is reminding smaller banking institutions that they are ultimately responsible for ensuring the security of cardholder data.
Mitigating card risks associated with retail malware attacks and POS vulnerabilities is a focus of updates to the PCI Data Security Standard, say Bob Russo and Troy Leach of the PCI Security Standards Council.
The Fraud Summit, to be held Oct. 22, will provide timely insights on top trends and strategies for mitigating risk. A keynote address will offer a close look at Chase Bank's anti-fraud strategies.
Version 3.0 of the Payment Card Industry Data Security Standard, to be released later this year, will include a focus on the standardization of compliance assessments, says Bob Russo of the PCI Security Standards Council.
International markets that have implemented EMV technology are seeing reductions in card fraud, but non-EMV markets are seeing dramatic upticks, says U.K.-based card fraud expert Neira Jones.
A malware attack that exploited a point-of-sale vulnerability of a select group of Kentucky and Southern Indiana retailers has now been linked to attacks against Schnuck Markets Inc. and four other merchants.
Account takeover techniques are getting more sophisticated; new "account checkers" are helping hackers automate their processes. The trend is just one more reason why we need advanced forms of authentication.
White House Cybersecurity Coordinator Michael Daniel sees significant savings in continuous diagnostics because the automated approach to identifying systems vulnerabilities could replace costly checklist compliance reporting.
Version 3.0 of the PCI Data Security Standard is coming, and draft guidelines reflect the impact of recent retail breaches. PCI GM Bob Russo explains big changes to ensuring payment card security.
Breaches are expensive, embarrassing and entice additional scrutiny from regulators and consumers alike. By taking eight key steps, you can protect private information and lessen the impact of breaches when they occur.
Because mobile payments are so new, banking institutions worldwide are still trying to understand which threats to address first, says payments fraud expert Neira Jones.
The malware attack that infiltrated Harbor Freight Tools' network could prove to be one of the biggest retail breaches this year, experts now say. Learn why card fraud linked to the attack is expected to grow.
Here's an argument for why recent indictments linked to what's been called the largest-ever card fraud scam won't deter fraud - and why improved security is a better deterrent.
Kim Peretti, the ex-prosecutor who helped nab Heartland hacker Albert Gonzalez, says recent indictments offer insights into the actors behind global fraud schemes that affected 160 million cardholders.
White hat hacker Barnaby Jack, who passed away July 25, will be remembered for his demonstrations that dramatically spotlighted the vulnerabilities of ATMs and medical devices.
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