"Most convenience stores are concerned about pay-at-the-pump skimming. But they can only focus on so much," says Gray Taylor, a security and compliance expert with the National Association of Convenience Stores.
"We appear to be asking DHS to take on new cybersecurity roles and missions while it is establishing its basic core competencies," Melissa Hathaway says. "Is this reasonable? Do we want DHS to become a first party regulator?"
Breaches will not slow anytime soon, and there's not much financial institutions and the payments chain can do to stop them. At this point, the best course of action for banks and retailers is to focus on damage control.
Some organizations hesitate to involve law enforcement in their breach investigations for fear that exposing the hack would cost them their reputations and money. A Justice Department contingent tells a gathering of lawyers why that impression is wrong.
A new pay-at-the-pump card skimming scheme - this one in West Covina, Calif. - gets the attention of law enforcement authorities, who launch a new awareness campaign that warns consumers to avoid using debit cards at self-service stations.
The threat landscape has evolved dramatically over the past several years, and now it's time for healthcare security leaders to step up and meet the new challenges involved with securing critical data.
Experts say card issuers picked up on the Michaels card breach by employing strong transaction monitoring and behavioral analytics, proving that cross-channel detection tools are the best ways to curb growing card-fraud schemes.
When it comes to hot topics, they don't get hotter than authentication, cloud computing and IT governance - all of which I've discussed at length in recent interviews with industry thought-leaders. Let's review some highlights from these conversations.