The PCI Security Standards Council's new guidance on virtualization in the payments space aims to provide best practices for securing the payments chain's virtual platforms and appliances.
Breaches will not slow anytime soon, and there's not much financial institutions and the payments chain can do to stop them. At this point, the best course of action for banks and retailers is to focus on damage control.
A new pay-at-the-pump card skimming scheme - this one in West Covina, Calif. - gets the attention of law enforcement authorities, who launch a new awareness campaign that warns consumers to avoid using debit cards at self-service stations.
Experts say card issuers picked up on the Michaels card breach by employing strong transaction monitoring and behavioral analytics, proving that cross-channel detection tools are the best ways to curb growing card-fraud schemes.
When it comes to hot topics, they don't get hotter than authentication, cloud computing and IT governance - all of which I've discussed at length in recent interviews with industry thought-leaders. Let's review some highlights from these conversations.
Widely publicized reports aren't giving the full picture of an (ISC)2 survey that projects the doubling of the federal government IT security workforce by 2015.
Phishy HTML pages get past spam filters, and users of RSA's SecurID two-factor authentication products come up with new ways to monitor threats and take preventive steps in the aftermath of a hacker attack against RSA.
This kind of problem happens to everybody, says Marcus Ranum, CSO of Tenable Network Security, in response to the widely publicized breach at RSA. And maybe hes right. Perhaps this kind of problem does happen to everyone. But should it?
Fraud, risk management emerging technologies -- these issues know no boundaries. That's why we're launching a series of new international BankInfoSecurity sites to draw proper attention to local issues that impact the global banking industry.
Complying with industry security standards such as PCI is not just a sound practice, it actually improves the bottom-line, a new survey commissioned by Tripwire finds.
Jeremy King, European regional director for the PCI Council, says the new guidance addresses the same concerns posed by face-to-face and e-commerce payments. 'If you don't need it, don't store it.'
Smartphones are ubiquitous in organizations today. But how secure are these devices -- and what are the security and liability vulnerabilities associated with their use?
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