A new standard from the PCI Data Security Standards Council could help ease the way for smaller merchants worldwide, especially in developing nations, to move to cashless payments using a variety of devices, says Troy Leach, CTO for the council, who spoke last week at a conference in South Africa.
Al Pascual of Javelin Strategy and Research discusses a new report that shows that while crypto wallets may be considered to be at the sharp end of payments innovation, the security vulnerabilities they face are much the same as those that already exist in digital banking and payments.
Expedia's Orbitz travel fare search engine says it may have suffered a breach that resulted in 880,000 payment cards being compromised, along with other customer data, over a two-year period. Orbitz says the apparent breach involved a legacy system no longer connected to its site.
Facebook may be facing the fight of its life. The social media company is seeing mounting pressure and a collective outcry over personal data for millions of its users having been collected by a voter-profiling firm once retained by the Trump campaign.
Developing nations that are moving to digital payments, especially for the unbanked, need to keep in mind security lessons already learned in other markets, including Europe, says Steve Marshall, founder at Risk-X, a U.K.-based audit and risk assessment consulting firm.
The unfolding story of Cambridge Analytica, which shows how personal information on millions of consumers was obtained via Facebook, demonstrates the degree to which our personal data can be weaponized against us.
Facebook is under fire after reports suggested data-mining firm Cambridge Analytica obtained private information on 50 million Facebook users. The social network contends that it didn't suffer a "breach," saying the information was legally obtained but subsequently misused.
To help identify and mitigate the next generation of Spectre and Meltdown speculative execution flaws in CPUs, Microsoft and Intel are offering researchers up to $250,000 if they share their discoveries as part of a coordinated vulnerability disclosure program.
The technology and operating models for identity and access management have evolved with time, but the way many enterprises approach IAM has not. How can security leaders modernize their IAM strategy in this era of unprecedented complexity? Patrick Wardrop of IBM Security shares insights.
The FBI has arrested the CEO of the Canadian smartphone service Phantom Secure on charges that he and four other suspects ran an encrypted telecommunications service used by more than 20,000 customers to facilitate illegal activities, including international shipments of cocaine and other drugs.
Equifax has a new problem in Australia, a country that was left unscathed by the credit bureau's devastating data breach. The Australian Competition and Consumer Commission alleges the credit bureau deceived vulnerable consumers by misrepresenting its products and charging for services that should have been free.
Leading the latest edition of the ISMG Security Report: The Trump administration sanctions Russian organizations and individuals over U.S. election interference, the NotPetya campaign and energy sector hacks. Also featured: A deep dive into the use of so-called active defense.
Privacy attorney Kirk Nahra offers an analysis of the New York state attorney general proposing updates to the state's data security laws and issuing a substantial financial penalty in a HIPAA violations case.
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.