The latest edition of the ISMG Security Report offers an in-depth analysis of whether Instagram is doing enough to protect the contact information of minors. Plus: Compliance updates on GDPR and PCI DSS.
Many companies around the world that accept card payments are failing to continually maintain compliance with the PCI Data Security Standard, according to the new Verizon 2019 Payment Security Report. Verizon's Rodolphe Simonetti, who contributed to the report, explains the findings.
In December, PCI SSC plans to publish a new standard for solutions that enable "tap and go" transactions on merchant smartphones and other commercial off-the shelf mobile devices. Troy Leach, the council's CTO, offers insights on the role the standard will play in enhancing security for smaller merchants.
An essential component of protecting payment information is devaluing the data that is transmitted so it's of no use to hackers, says Lance Johnson, executive director of the PCI Standards Security Council.
As more hospitals seek new methods for collecting payments from patients, they face the challenge of securing those transactions, says Dan Berger of AxiaMed, who describes HIPAA and PCI compliance issues in an interview at the HIMSS19 conference.
As part of its ongoing push toward cashless payments, India is taking steps to ramp up the use of contactless payments, which are already becoming more common in Japan, South Korea, Australia, the U.K. and the U.S. What can be done to balance security vs. convenience?
Forty-three states have reached a settlement with Neiman Marcus over its 2013 data breach, one of several breaches from that period blamed on in-memory malware. The retailer will pay $1.5 million and must use encryption and tokenization to protect card data.
Although the Reserve Bank of India mandated that banks complete the shift from magnetic stripe debit and credit cards to EMV chip-and-PIN cards by Jan. 1 to help reduce fraud, there's still plenty of work to be done.
Following industry standards should not be a compliance-driven, checkbox activity, says the PCI Security Standards Council's Nitin Bhatnagar. "It has to be a holistic approach, and you have to get involved with people, process and technology."
As new payment options continue to emerge via mobile phones and internet of things devices, the PCI Security Standards Council is broadening its security efforts, starting with a new standard for contactless payments coming early next year, says Troy Leach, PCI SSC's chief technology officer.
When taking steps to guard against fraudulent transactions through contactless payments, organizations must carefully balance the level of security versus customer convenience, says Sriram Natarajan, COO at Quatrro.
New PCI requirements that go into effect June 30 are pushing payment card acquirers, processors, gateways and service providers worldwide to implement more secure encryption protocols for transactions. But are they ready?
The PCI Security Standards Council is offering 40 percent lower fees for participating organizations in nations with lower-income economies. "We want to encourage countries in Africa and South Asia to get engaged with us," Jeremy King, international director at PCI SSC, tells ISMG in an exclusive interview.
In a video interview, Troy Leach, CTO of the PCI Security Standards Council, explains enhanced standards designed to help ensure that POS vendors can stay ahead of new attacks aimed at defeating encryption.
Arizona-based Banner Health, which operates 29 hospitals, says it's notifying 3.7 million individuals that their data was exposed in a "sophisticated cyberattack." An initial attack against payment card processing systems apparently opened the door to the attackers accessing healthcare data.
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