MasterCard and Visa have announced the formation of a cross-industry group that will work on improving U.S. payment security by advancing migration to chip cards as well as point-to-point encryption.
If Congress fails to enact a national breach notification law, the Obama administration could develop a set of voluntary best practices along the lines of its new cybersecurity framework.
Sears is denying claims that its network may have been compromised by a cyber-attack that exposed card data. Other sources say they are still unsure, and that Sears may be the next breached retailer.
In the second full day of RSA 2014, ISMG's editors record exclusive video interviews with Troy Leach of the PCI Council, Adam Sedgewick of NIST and Gartner's Avivah Litan. What insights do these thought-leaders share?
The Target retail POS breach is the most talked-about incident in recent memory - and it was entirely preventable with available security solutions, says Adam Tegg CEO of Wontok Solutions.
Artificial intelligence can be used to enhance security across a number of business sectors, including retail and financial, says Dr. Akli Adjaoute of security firm Brighterion.
Neiman Marcus has revised downward its estimate of the number of payment cards compromised in its breach last year. Company CEO Karen Katz offers new details.
Lawsuits that card issuers have filed against Target to help recoup expenses associated with the retailer's breach aren't likely to reap big rewards, two legal experts say. But they are sending a strong message.
Despite their differences on certain issues, the Financial Services Roundtable and the Retail Industry Leaders Association have joined forces in an effort to prevent breaches by enhancing cybersecurity and threat intelligence sharing.
Merrill Halpern of the United Nations Federal Credit Union, a pioneer in the use of chip cards, says high-profile retail breaches reinforce the long-term value of EMV for various forms of payment within the U.S.
Bankers and retailers are hotly debating who should be liable for losses and expenses associated with the breach at Target. See how our readers weighed in on the issues involved.
The leader of a crime ring that used stolen Social Security numbers to commit $4 million worth of bank, credit card and tax fraud has been sentenced to 12 years in prison for his role.
Organizations in all sectors can improve their compliance with the PCI Data Security Standard by taking five critical steps, says Rodolphe Simonetti of Verizon Enterprise Solutions, which just issued a new PCI compliance report.
RSA 2014 will offer many insights on how banking institutions can address a wide variety of security threats. Here's a guide to educational opportunities.
As Congressional leaders look for answers about why U.S. card security is failing, there hasn't been enough discussion surround why EMV can't easily fix our system. And the card brands have been conspicuously absent from the debate.
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