The PCI Council has unveiled new guidance for mitigating payment card risks posed by third parties. Troy Leach, the council's CTO, explains how banking institutions and merchants can put the guidance to use.
The hacker community can be a cynical crowd, or perhaps a realistic one, that tries to make the best of the threats confronting society. CISO Dan Geer, for example, prefers to hire security folks who are, more than anything else, sadder but wiser.
A new point-of-sale malware strain known as Backoff has been linked to remote-access attacks, and small merchants are at greatest risk, according to an alert from federal authorities.
An undisclosed number of Delaware restaurants may have been affected by a remote-access breach that compromised point-of-sale software, according to the Delaware Restaurant Association.
Sources say a yet-to-be-confirmed breach of payment card data linked to transactions at Goodwill Industries could be linked to a point-of-sale vulnerability that may have affected other numerous merchants.
Point-of-sale retail breaches are the rage, but they are just one cyber-crime trend on the mind of RSA researcher Uri Fleyder. What are the malware and mobile threats that organizations should monitor?
New research shows consumers believe online purchases are more secure than those made at bricks-and-mortar retailers. Researcher Shirley Inscoe of Aite explains why misconceptions about card fraud should be worrisome to banks.
Recent high-profile retail breaches could help increase interest in the adoption of mobile payments to lessen the likeliness of fraud at the point of sale, says Aite Group analyst Thad Peterson.
Bob Russo, long-time general manager of the PCI Council, will retire at the end of the year. Stephen Orfei, his replacement, will take the helm in September. Security experts analyze the potential impact of the change.
P.F. Chang's has issued an update to customers, saying its data breach was the work of a "highly sophisticated" gang, and that forensics experts continue to investigate the full extent of the breach.
In the same week that the new National Security Agency director spoke measuredly about the cybersecurity threat, his predecessor sounded the alarm about the calamitous dangers lurking in cyberspace.
A remote-access attack on a POS vendor may have resulted in the exposure of payment card transactions conducted at at restaurants throughout the northwestern U.S.
A class action suit against breached restaurant chain P.F. Chang's China Bistro is unlikely to succeed, some security experts say, because proving consumer losses linked to specific merchant data breaches is difficult.
Global payment card fraud levels have remained stable, demonstrating that today's security measures - such as EMV - merely drive criminals to focus on other geographies or types of card transactions.
Could too much regulatory oversight hinder cyberthreat information sharing, rather than encourage it? That's an increasing concern for bankers, who argue regulators could bog down progress in cybersecurity.
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing inforisktoday.asia, you agree to our use of cookies.
