At last week's payments security event at the Federal Reserve Bank of Kansas City, some merchants and industry experts said the PCI-DSS may soon outlive its usefulness. Find out about their concerns.
A growing number of ATM card reader eavesdropping attacks involve attackers getting in through a tried-and-true method - taking advantage of commonly used electronic access keys or codes. What can be done to stop these attacks?
The massive number of retail point-of-sale breaches we've seen in the last two years has fueled an uptick in call center fraud that targets payments processors. Find out how the schemes work.
By 2018, Javelin predicts that new account fraud and account takeover will eclipse present worries about POS attacks and retail breaches. Why breached PII should be our biggest worry.
A new breach reported by Heartland Payment Systems won't get much attention. But this incident could be more damaging to the undisclosed number of consumers affected than was Heartland's 2008 payment card breach.
U.S. merchants that aren't able to accept EMV chip cards by October should be bracing for significant upticks in card fraud expenses. Unfortunately, many merchants are far from prepared.
Visa has agreed to increase the reimbursement paid to banking institutions that must reissue cards in the wake of a merchant breach. Now the smaller card issuers, such as community banks, are getting paid the most.
Criminals are exploiting out-of-band authentication methods by using stolen landline numbers to verify their new Apple Pay accounts. How can behavioral analytics help?
In the wake of the breaches suffered by JPMorgan Chase, Sony and Anthem, attack attribution and information sharing are playing more prominent roles for banking leaders, and they will be key discussion points at the upcoming RSA Conference 2015 in San Francisco.
Businesses targeted by ransomware attacks are increasingly willing to negotiate with - and even pay - their extortionists. But negotiating with cyberthieves is never a good idea.
A banking regulator's comments about the need for retailers to bear responsibility for card breaches are outdated. Merchants aren't to blame for our broken payments system. Rather than point fingers, regulators need to offer stronger leadership.
A recent blog about payments security generated a spirited debate about the current state of merchant security, why card breaches continue to be an issue and EMV's impact on fraud.
Why aren't more U.S. merchants in a hurry to implement EMV? Two national retail association executives answered this question at Information Security Media Group's Fraud Summit in Los Angeles.
An upcoming series of summits on fighting financial fraud and mitigating advanced persistent threats will provide timely insights from industry thought leaders on the critical steps to take to address emerging risks.
A recent interview about why retailers say EMV without the PIN is a fruitless fraud-fighting effort has spurred debate among retailers and bankers. In the end, though, bankers' resistance to PIN is all about time and money.
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