Version 3.0 of the Payment Card Industry Data Security Standard, to be released later this year, will include a focus on the standardization of compliance assessments, says Bob Russo of the PCI Security Standards Council.
In the financial services industry, in-depth log analysis is essential to maintaining enterprise-wide security and meeting compliance requirements, including PCI-DSS regulations. In addition to being required to meet compliance standards, continuous monitoring of customers' financial data activity logs helps to detect...
Five more banks have been sued for patent infringement related to banking technology core to their business. Experts say this latest flurry of legal action spurs new discussion of regulatory reform.
Version 3.0 of the PCI Data Security Standard is coming, and draft guidelines reflect the impact of recent retail breaches. PCI GM Bob Russo explains big changes to ensuring payment card security.
Federal authorities announced indictments this week in a massive fraud scheme involving 160 million payment cards. Here is a rundown on the businesses affected by those attacks, and the data that was compromised.
How were four Russians and a Ukrainian allegedly able to steal more than 160 million payment card numbers from corporate networks over seven years? An indictment announced by U.S. Attorney Paul J. Fishman provides details.
Losses linked to retail breaches have fueled class action lawsuits on behalf of consumers. But Javelin's Al Pascual says banks are soon likely to take legal action, too, in breach cases that expose cards and lead to fraud.
New payments technology, such as mobile and emerging e-commerce transactions, is posing challenges for PCI compliance, says the Standards Council's Jeremy King. What are the greatest risks to card security?
New guidelines for mobile security are likely on the way for U.S. financial institutions, banking leaders and mobile experts say. Learn the reasons behind their predictions.
So-called patent trolling is getting attention from banking leaders and the White House. As patent attorney James Denaro points out: "Essentially every single financial institution is at risk of being accused of infringement."
In this exclusive interview, Tim Horton of First Data explains how the nation's largest credit card processor is helping financial institutions and merchants mitigate risks posed by malware and DDoS attacks.
As the Payment Card Industry Security Standards Council prepares to update the PCI Data Security Standard, malware attacks aimed at payments networks are garnering attention, says the council's Jeremy King.
Payment data and personal information are both attractive targets for criminals, says breach investigator Erin Nealy Cox of forensics firm Stroz Friedberg. Learn why she says card data isn't the only lucrative target.
Card fraud linked to a POS malware attack against certain retailers in Kentucky continues, even though the breach has been contained, says Marjorie Meadors of Louisville-based Republic Bank.
Schnucks, a grocery chain that last month revealed it suffered a POS network attack, now says millions of payment cards were likely exposed. How many stores were affected, and was Schnucks PCI compliant?
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