Goldschmidt is the former Associate Editor for ISMG. A recent graduate of Ithaca College, she has worked for multiple publications in NJ and NY, including the Trentonian and the Rochester Business Journal, instilling a passion for writing, editing and social media.
Leading this week's industry news roundup, Cisco plans to acquire the security consultancy Neohapsis, while Vectra Networks introduces a real-time threat detection platform.
Leading this week's industry news roundup, Microsoft acquires Aorato to expand its threat visibility solutions, while Alert Logic introduces its new cloud-based security and compliance suite.
Information Security Media Group recently hosted a Twitter chat on the latest fraud trends featuring analyst Avivah Litan, director of research at Gartner, Read the entire transcript of the #ISMGprotalk Twitter chat.
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.
Advanced payments technologies, such as chip cards, tokenization and end-to-end encryption, are effective at stopping card fraud at retailers, but only if they're used as part of a comprehensive threat-mitigation plan, says First Data's Paul Kleinschnitz.
"Banks can play offense, to use mobile in a justifiable way to engage customers into their security," says Jim Van Dyke of Javelin Strategy & Research. He outlines a strategy for using mobile devices to enhance fraud detection.
Ellen Richey of Visa reviews card fraud-fighting trends for the year ahead, including the U.S.'s migration toward EMV, greater use of tokenization and heightened fraud detection.
Marc West of Fiserv says banking institutions have two challenges when it comes to developing mobile-payments solutions - focusing on the product development and preparing for regulatory oversight.
Card breaches at retailers such as Target and Neiman Marcus will likely be catalysts for improved cyberthreat intelligence and information sharing across the banking and retail sectors, says Mike Braatz of ACI.
Merrill Halpern of United Nations Federal Credit Union, a pioneer in the use of chip credit cards, says migrating debit cards to EMV will be an ongoing challenge for U.S. banking institutions.
In the wake of recent high-profile retail breaches, the PCI Security Standards Council is supporting a move toward chip card technology that conforms to the Europay, MasterCard, Visa Standard, says General Manager Bob Russo.
Fraudsters are increasingly turning to prepaid cards to move money and perpetrate fraud, says payments fraud expert Tom Wills. Today, prepaid cards are the new money mules, he says.
Leading this week's industry news roundup, Blackberry receives FIPS certification for its containerization solution, while Bluefin Payment Systems and Springbook Software team up.
Thought-leaders will provide practical advice on using big data analytics for fraud detection, payment card fraud trends, EMV adoption and other timely topics at the upcoming Fraud Summit San Francisco.
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