The PCI Security Standards Council has issued new guidelines on mobile payment acceptance security. What are the key recommendations? The council's Bob Russo and Troy Leach discuss the new guidance.
The continuing loss of data to China suggests that the federal government should carefully assess the cybersecurity implications associated with the expansion of Chinese cloud and mobile providers in the U.S.
Visa's new end-to-end encryption service aims to eliminate payment card data at the merchant level. Eduardo Perez of Visa's Risk Group discusses the security value of this emerging solution.
Mike Mitchell, who serves as chairman of the PCI Security Standards Council, says mobile is a focus for leaders in the payment security space. So does the PCI Council expect emerging tech to influence the PCI-DSS?
Smaller institutions could use some advice on security for mobile banking and cloud computing. But federal banking regulators apparently don't plan to issue technology-specific guidance.
Cyber is part of our everyday lives. Still, in many cases, a natural - or perhaps an unnatural - divide exists between the virtual and physical worlds. This is especially true in the way we deal with crime.
RSA's Etay Maor says Citadel malware and ransomware attacks highlight a growing threat banking institutions and consumers must be prepared to fight. What can institutions do to mitigate risk?
A federal judge this week handed down the first U.S. sentencing related to the $9 million RBS WorldPay heist of 2008. But does the jail time match the crime?
More malware attacks fueled by Citadel and Reveton are getting attention from federal authorities, which say banking institutions and consumers should be on high alert. What can institutions do to mitigate emerging malware risks?
Seven people have been accused by Michigan authorities of pulling off a unique account takeover scheme that targeted Bank of America and involved nearly $360,000 in fraudulent funds transfers.
Banks and the U.S. payments infrastructure are prime targets for international cyberattacks. And it's not just money hackers are after, says Bill Wansley of Booz Allen Hamilton. What else is at risk?
In the wake of recent merchant breaches, a new PCI training program aims to enhance point-of-sale security. Which payment card risks does this program address? PCI Council chair Bob Russo explains.
Security personnel should be required to prove not only that they know how to do things right, but also that they know how to do the right thing. They must demonstrate commitment to ethical behavior.
Global Payments Inc. says its data breach investigation is complete, and so far the incident has cost the company $84.4 million. What's next for the payments processor as it recovers from this breach?
In the latest update, much was left unsaid about the Global Payments data breach. And if I were a Global customer or card-issuing entity, I'd have some serious follow-up questions.
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