Week in Review: Aug. 13, 2010

PCI Updates Won't Include New Requirements, and What Institutions Should be Doing to Protect Customers from ID Theft.A review of this with week's top stories by managing editor Tracy Kitten: The forthcoming PCI updates aren't expected to include anything new; and the measures should banks be taking to ensure the protection of customers' identities.

No New Requirements Proposed in Version 2.0 of Security Standard -- The new version of the PCIDSS includes only clarifications and new guidance on existing components.

Identity Theft: How To Protect Consumers -- "Fighting identity fraud is not something financial institutions can do by themselves."

ACH Fraud: 1 Year Later -- The FBI estimates 205 separate businesses have reported incidents of corporate account takeover since 2004 - the bulk of them in the past year.

After listening to this overview, be sure to check out all of the week's news and views at

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