The Office of the Comptroller of the Currency has released revised guidance about what banking institutions should do to address risks associated with merchant processing. It's the latest call to action from regulators in the wake of card breaches.
More than 1,000 U.S. businesses have likely been infected by Backoff, a new point-of-sale malware linked to numerous remote-access attacks, according to an Aug. 22 advisory from the Department of Homeland Security.
Visa's new intelligent analytics service aims to help gas stations reduce card. But experts say the service could reduce fraud for other merchants, too, and bridge the gap between the mag-stripe and EMV.
A Florida man has pleaded guilty for a credit card fraud scheme that resulted in losses of more than $23 million. Fraud analysts say pinpointing the sources of the compromised cards could be difficult.
The PCI Council has unveiled new guidance for mitigating payment card risks posed by third parties. Troy Leach, the council's CTO, explains how banking institutions and merchants can put the guidance to use.
The hacker community can be a cynical crowd, or perhaps a realistic one, that tries to make the best of the threats confronting society. CISO Dan Geer, for example, prefers to hire security folks who are, more than anything else, sadder but wiser.
Five out of eight defendants have pleaded guilty to charges tied to a fraud scheme involving the theft of personal information from an AT&T call center for use in unauthorized wire transfers and to obtain payment cards.