The Reserve Bank of India is requiring that payment system operators store all their data domestically. Many security practitioners and payment companies in India have lauded the move, stating that the mandate could lead to quicker resolution of breach cases.
Technology, regulations and customer expectations all have evolved. What does this mean for how organizations secure identities? Baber Amin of the Office of the CTO of Ping Identity offers strategic insight.
As payment card fraud schemes continue to evolve, the PCI Security Standards Council has to recalibrate its standards and programs, says Troy Leach, the council's CTO, who describes three key updates.
Leading the latest edition of the ISMG Security Report: Assessing cryptocurrencies' role in the latest ransomware and malware attacks. Plus: Facebook's revised estimate on account details accessed by Cambridge Analytica.
The Secure Payments Task Force was established by the Federal Reserve Bank in 2015 in part to determine areas of focus and priorities for future action. Jim Cunha, a member of that task force, talks discusses how to advance payment system safety, fight fraud and ensure resiliency.
Panera Bread appears to have failed to fix a customer data leak for more than eight months after getting a heads-up from an independent security researcher. Here's what others should learn from the bakery café chain's mistakes.
Department store chains Saks Fifth Avenue, Saks Off Fifth and Lord & Taylor have suffered a data breach that apparently exposed details on 5 million payment cards. Cybersecurity firm Gemini Advisory says the JokerStash syndicate - aka Carbanak gang - is selling the stolen card data.
With the explosion of laptops, IoT, tablets, smartphones and other smart technologies, endpoints are the single largest group of devices inside your network today. Managing all of your assets and their software requires three foundational steps.
Security experts analyze the potential impact of recently announced changes to the PCI Security Standards Council's Qualified Integrators and Resellers Program that are designed to help smaller merchants prevent breaches.
Facebook CEO Mark Zuckerberg broke five days of silence as pressure intensifies on Facebook to account for a data leak to a voter-profiling firm that worked for the Trump campaign. In a lengthy blog post, Zuckerberg has pledged to make changes to better protect personal data. But is it too late?
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.
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 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.
If you browsed the latest security headlines, you'd probably think the majority of data breaches were related to hackers, political activists, malware or phishing. While the latter two hint at it, the truth is that nearly half of all data breaches can be traced back to insiders in some capacity.
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